Bizsquare - Reliable Business Loan Consulting Service in Singapore

  • Get $1 Million SME Working Capital Loan
  • Get up to $5 Million Temporary Bridging Loan
  • Refinancing your property to a lower rate
  • Get a Trade Facility for your Business
  • Highly professional loan consulting Singapore

Get your Government Assisted SME Loan Schemes

SME Working Capital Loan

Get funding of up to $1million from a Singapore government-assisted working capital loan scheme for your cash flow concerns and business expansion with low interest rates

Enterprise Financing Scheme (EFS)

Various government financing schemes streamlined under one umbrella. Government risk sharing up to 90% with participating financial institutions. Financing schemes to support various stages of business growth.

Temporary Bridging Loan Programme

To help SMEs access working capital to deal with Covid-19’s impact. Access up to max $5M financing with interest rate up to 2.5% p.a.

Trade Loan & Loan Insurance Scheme (LIS)

Credit insurance scheme, premiums partially supported by Government. For short term trade finance needs such as inventory/stock financing.

WE ARE HERE TO HELP YOU OBTAIN BUSINESS LOAN IN SINGAPORE

OUR FEATURES

MARKET EXPERIENCE

With our experience, we have successfully helped over 650 clients get funding and support.



APPROVAL RATE

Drastically increase your business financing approval rates. Every 9 out of 10 companies who come to us WILL get their business loan approved.

LOAN AMOUNT

Successfully helped companies who work with us, to get 50% higher funding than the usual amount.



INTEREST RATE

We help you to get the best interest rate in the market as we know it is better to have the lowest interest rate possible for any business loan in Singapore.

FAST PROCESS

Our processing time is short and we handle most of the paperwork for you because we know what our financing partners are looking for.

OUR TESTIMONIAL

OUR SERVICES

Types of business financing facilities we can help you obtain:

OUR PROCEDURE

It's an easy 6 steps process, here's what you need to do:

loan

STEP 1

Submit the Loan Enquiry form

market

STEP 2

We’ll Call You Within 24 hours

accept

STEP 3

During the Call, We’ll Find Out More About You & Arrange A Free 30 Min Consultation With Us

analyse

STEP 4

We analyse your business, your financial situation, your cashflow gap and expansion plans

present

STEP 5

Present to you our recommendation on what is the best solutions for your business

approve

STEP 6

Loan Approved. Get the funding you require and solve your cash flow needs

WORK IN FIGURES

750+

No. Of Clients

Over 1 Billion

Total Approved Loan Amount

50+

No. Of Financing Partners

OUR FINANCING PARTNERS

We work with more than 50 banks, financial institutions and private funders
to give you the best financing solutions in the market

SME BUSINESS LOAN SINGAPORE FAQ

  • Q1. What is the maximum amount of business loan I can secure?
  • The funding amount differs depending on the type of loan you wish to apply, between banks and also dependent on your company’s profits.
  • Q2. Would I be able to apply for business loan if I am a start-up company in Singapore?
  • Yes, definitely but there are very limited options for new start-ups.
    Most of the banks do not provide start-up business loan for newly registered companies therefore it would be a struggle to obtain bank financing during initial phase. However, we will try our best to reach out to suitable financial institutions that will help you!
  • Q3. What happens if I do not qualify for the business loans?
  • If you are not qualified for our business loans, we will ensure that we let you know all the information you need to improve your financial situation and your business. Afterwards, you can put in another application at a later date with better chance of qualifying.Many businesses opt for loan due to urgent needs for project funding. When an application has been declined, the business may not be eligible to apply to the same lender for as long three to six months.
  • Q4. Why would a bank reject my business loan application?
  • Here’s some of the potential reasons why an application might get rejected:
    – Business’ owner credit profile
    – Not understanding the financials that was submitted
    – Applying to the wrong bank for funding
    – The loan limit that is applying
  • Q5. How will it affect my business loan application if I have a low credit rating?
  • Once you apply for a loan, the financial institution will look up your personal credit report. Your credit report will then be taken into account when your application is being surfaced. If you have a low credit rating, there’s a higher chance that your business loan will be negatively affected by it. However, Bizsquare can help you to identify the various banks and other financial institutions that have credit criteria that is suitable for your business profile, so that you can maximize your chances of approval for a business loan.
  • Q6. What are the interest rates for business loan in Singapore?
  • Average interest rate currently are range from 2.5% – 7.5%, depending on the type of business loan you are applying and the company’s credit profile.
    For more info: Click Here
  • Q7. What are the documents required to apply for a business loan?
  • Typically we will need:
    – last 6 months of company bank statement
    – Last 2 years of financial statement
    – Last 2 years of notice of assessment
    – NRIC of the guarantor
  • Q8. What are the processing time to apply for a business loan?
  • Depends on the volume of application at that point of time. Typically 2-4 weeks.