SME Business Loan

Start up Business loan singapore are being taken up with a couple of common reasons in mind, either to increase production to be able to meet the current demands, or to take your business to the next level through expansion. One of the main cause why some business end up winding  is when they are not able to meet the requisitions that are demanded of them. Some SMEs are lucky to be able to bridge over and overcome this hurdle and continue surviving. 

Most SMEs usually take up Small Business Loan Singapore anywhere from S$10,000 above depending on the trade that they are in. A popular cafe for instance, is very suited to taking out a SME Loan Singapore in this case. In order to cater to the countless walk-ins on a daily basis, the amount of supplies and ingredients have to be kept sufficient at all times. But your current cash flow only allows you to order an amount which you foresee inadequate as business is quickly picking up. Being caught in a tight spot, to take out a loan in advance or to wait out till the inventory you have is being used up before making the next decision? Why would you put yourself in such a situation where your cafe is prone to supplies running out, the last thing any businesses want is to reject walk-in customers. Do not make this dire mistake that will put the company’s reputation at stake.

It is difficult to get Working Capital Loan Singapore from the banks as the application procedures and processes may be too time consuming, resulting in opportunity loss. Friends and families would be the last resort to turn to. Besides, the interest rates that local banks are offering are simply too exorbitant, which makes the loan not worth taking out in the first place. Not all businesses needs a long term repayment scheme, some may just need to bridge over just for the current month or even for a couple of weeks till other payments come in from various vendors.

What To Expect When Taking A Loan At Credit Hub?

Here at Credit Hub Capital, we offer competitive, attractive interests rates that are one of the lowest you can find in the market at the moment. We understand that business owners value their time as it they could be elsewhere generating more revenue for themselves. We understand the annoying waiting time to be kept in suspense for just an approval from banks and other financial institutions. Hence we have devised a quick and simple application process for all SMEs and Startup business owners to take out. If all related documents are being provided, we are able to get you your funds in no time! We want to minimise the waiting time and allow your business operations to continue running as usual. Credit Hub Capital will be able to tailor your package to better suit you from the repayment dates or monthly repayment amount to ensure that you need not compromise at your end.

Loan Requirements

You are required to submit these documents to begin the processing of your loan application:

  • Bank statements of your business within the last 6 months
  • A tenancy contract for your existing business site
  • NRIC/ID/Passport of your company’s owners or directors
  • Most recent ACRA printout
  • Local incorporated corporation/firm
  • Latest 3 to 6 months:
  • 1) Corporate Bank Account Statements
  • 2) Balance Sheet
  • 3) P & L Statement
  • Title deeds / Proof of assets (Secure Loan)
  • Company seal/stamp

Upon verification and checks done, your loan amount will be disbursed to you at the quickest time. Why wait and cripple your business when you can make the right choice today!

Apply for SME Business Loan

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Terms and Conditions

Only 21 years old and above is eligible for loan application.

To preserve the confidentiality of all information you provide to us we maintain the following Privacy Principles.

We only collect personal information that we believe to be relevant and required to understand your financial needs.

By clicking "Submit" and providing your personal data, you consent to Credit Hub Capital contacting you via the telephone and email for the loan application purpose.

We will only use any information collected as minimally as possible, mainly to assist us in customising and delivering loan packages that are of interest to our customers.

We will not make unsolicited requests for customer information through email or the telephone, unless customers initiate contact with us.

We have established strict confidentiality standards for safeguarding information on our customers.

Credit Hub Capital will not use or disclose information collected from you other than for the purpose made known to you, authorised by you or required by the Law.

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