Business Term Loan — Singapore’s Flexible Growth Capital Solution
Get a Business Term Loan to Support your business’s daily operations, fund your expansion plans and fulfil your current project cashflow needs.
Check your eligibility now!
Leave us your details and we’ll be in touch to share details of the financing schemes available.
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BUSINESS TERM LOAN SINGAPORE
Get a Business Term Loan to Support your business’s daily operations, fund your expansion plans and fulfil your current project cashflow needs.
Check your eligibility
Leave us your details and we’ll be in touch to share details of the financing schemes available.
By submitting this form, you consent to being contacted so we can provide you more information, and that you agree to our Privacy Policy.
BUSINESS TERM LOAN SINGAPORE
At Bizsquare, our Business Term Loan offers lump-sum funding tailored to your growth plans—whether it’s acquiring equipment, expanding premises, hiring of staff, or launching a new project. Unlike government-backed loans, this option allows participating financial institutions to assess entire borrower creditworthiness, which often results in faster access to funds for established SMEs.
Our clients can access up to S$1,000,000 without needing collateral (depending on eligibility), with repayment terms stretching up to five years. The loan comes with fixed or variable interest rates, generally ranging from 7.5% to 10% p.a., depending on credit profile and lender terms.
At Bizsquare, our Business Term Loan offers lump-sum funding tailored to your growth plans—whether it’s acquiring equipment, expanding premises, hiring of staff, or launching a new project. Unlike government-backed loans, this option allows participating financial institutions to assess entire borrower creditworthiness, which often results in faster access to funds for established SMEs.
Our clients can access up to S$1,000,000 without needing collateral (depending on eligibility), with repayment terms stretching up to five years. The loan comes with fixed or variable interest rates, generally ranging from 7.5% to 10% p.a., depending on credit profile and lender terms.
BUSINESS TERM LOAN SINGAPORE
A Business Term Loan is a fixed-amount, fixed-term loan, usually unsecured and structured for SMEs with stable operational history. Unlike government-subsidized schemes, this loan relies on the financial institution’s internal risk evaluation to determine the loan size and rate. This makes it a streamlined choice for businesses with established credit history seeking capital for expansion, equipment or project financing, hiring of new employee, or working capital buffer.
Another good thing is Business Term Loan doesn’t have a cap on the amount you can borrow across different banks, unlike Working capital loan where the total loan amount is cap at $500k across all banks.
In addition, the Business Term Loan is more flexible for businesses that prioritize speed or have stronger financial profiles without needing collateral.
Over in Bizsquare, we are able to help business owner obtain Business Term Loan across different bank and it can be accumulated to up to $1million loan if the profile of the company is strong and qualifies for the loan.
A Business Term Loan for your day-to-day operations, business expansion or contingency for your working capital in Singapore.
Business Term Loans in Singapore may be used to benefit your business in a multitude of ways, such as to purchase fixed assets like equipment for production processes.
These pieces of equipment will begin to prove a constant stream of revenue for your business while your loan is being repaid. Be it for property expansion, investment injection, or new technology implementation, Bizsquare provides you easy access to additional funds, from Temporary Bridging Loan to Working Capital Loans to property secured loans, so that you can fully focus on growing your business.
In this case, Business Term Loan refers to a loan where the Banks and Fi do not get any support from the government scheme and lend out to the respective SME based solely on their own internal risk and funding capacity.
Therefore, they are of a higher interest rate than the government-supported business loan.
Borrow as much as SGD500,000 at attractive interest rates for up to five years with this collateral-free loan.
We access your following information and elevate your business application to make it a success.
- Character and business experience
- Credit capacity
- Financial statement of personal finances to assess your ability to repay
- Collateral, which should be larger than the amount you’re borrowing
- Capital
- Accuracy of your revenue and expense projections
WHY SMES CHOOSE BUSINESS TERM LOAN?
OPEN TO ALL BUSINESSES
Including companies that don't qualify for government-assisted loans.
BORROW UP TO SGD 500,000
Support your operational expenses or business expansion Loan amount is approved based on the bank's assessment.
TAKE UP TO 5 YEARS TO REPAY
Enjoy a flexible repayment period of 1 to 5 years.
DOCUMENTS TO PREPARE
- Latest 2 years Financial Statement
- Latest 2 years NOA of director
- Last 6 months company bank statement
- NRIC
- Invoices/ Aging list (if applicable)
- Credit Bureau Report
Who Should Apply?
This loan is eligible for SME that:
- Is registered and operating in Singapore, with ≥30% local ownership
- Has demonstrated revenue or operational stability over at least 1–3 years
- Seeks funds for growth—such as asset acquisition, expansion, or refinancing
- Doesn’t require government risk sharing, or prefers flexibility beyond scheme constraints
TEMPORARY BRIDGING LOAN
The Temporary Bridging Loan Programme (TBLP) provides access to working capital for
business needs. As announced at Supplementary Budget 2020, eligible enterprises may
borrow up to $3 million under the TBLP, with the interest rate cap at 5% per annum, from
Participating Financial Institutions (PFIs). The Government will provide 70% risk-share on
these loans.
WORKING CAPITAL LOANS
SME Working Capital Loan Singapore is a loan used by companies to cover day-to-day operational expenses in Singapore.
To support viable SMEs that may have cash flow concerns or wish to continue growing their business, the Government has introduced a new SME Working Capital Loan scheme, for loans of up to S$300,000 per SME. Under this scheme, the Government will co-share 50% of the default risk of these loans with participating financial institutions, to encourage lending to SMEs. This will help SME pay a lower amount of interest.
TRADE LOANS
Trade Loan covers enterprises’ domestic and overseas transactions. It also complements the current Loan Insurance Scheme (LIS) by insuring loans which are beyond the capacity of current LIS insurers.
Most of our clients come to us to apply for business term loan when:
- Their business needs more cashflow but have fully utilized the $500k working capital loan.
- They do not want enterprise Singapore to know about the loan.
- Loan planning and structuring purpose. Especially if they have plans of taking up other loans such as property loan or trade financing, we will advise them to take up business term loan instead of working capital loan.
- Facing rejection after applying themselves. We help them get the approval.
- Worry what they do with their loan will affect their credit record and need advice from an expert.
- Unsure if it is worth it to obtain a bank loan for their business and wish to seek advice from an industry expert.
- Confused on their business strategy when they are fund-raising and wish to consult an expert.
PROPERTY LOANS
Commercial real estate financing is very different from home financing. In home financing, the transaction is based on the value of the home at the time of the sale. When taking financing for your commercial property purchase, the financial institutions will base it on the value of the business in the future and look at your business profit and cashflow. In addition, commercial real estate financing can take on very different terms.
A commercial or industrial property loan bears the lowest interest among all SME financing facilities.
Although property loan is considered less risky to the bank versus unsecured business loan, the banks do assess the company’s repayment ability as well.
Banks usually can finance up to 80% of the purchase price of the property or current market valuation, whichever is lower.
Many savvy SME bosses with commercial and industrial properties will also use their property as collateral for business financing.
TIP:
If you are considering applying for a business term loan, do note to speak to us to check your eligibility first. This will prevent you from getting rejected from the bank or financial institution. Applying and get rejected might increase your credit bureau search and ACRA search count which in turn jeopardize your application status. At the same time, once you get rejected by one bank, you will need to wait at least 6months to 1 year to reapply again, which delay your waiting time.
Ready to Unlock Your Financing Potential?
Let us check your eligibility and match your business with the right lender and loan structure to accelerate your next milestone.