Borrowing From Licensed Money Lenders in Singapore? Here’s Your Ultimate Loan Guide 2023
Taking a loan from a licensed money lender can be an intimidating process. Apart from getting the best interest rates and finding a lender you can trust, there is a lot of other information and fine print to be aware of so you know exactly what you are getting into.
What are the different loans available for my small business?
If you are reading this article, you must be a small business owner in Singapore who is looking for funding to expand your business or start a new one. This means you must have done a feasibility study that your business can be profitable and earn a good return on investments (ROI).
Most of the time, the banks will not lend money to small businesses because they do not seem to be profitable enough. This is where the non-bank lenders come in. They are willing to take risks and invest in businesses that sound risky like yours.
How much money do I need for my start-up business?
Starting a business is not easy. You will need a lot of money to cover startup costs in Singapore, and it takes time to find funding or working capital loan for your business. It is estimated that the average start-up requires $600,000.
If you don’t have enough money to start your own business, there are ways to borrow money from friends and family or even take up a business loan from financial institutions such as Synergy Credit. Other ways include crowdfunding and even leveraging on your credit card!
Complete guide to fast unsecured business loans
Few can understand the woes of a business owner when his business meets with turbulence. When it comes to the topic of money, those willing to lend it are few and often, it might not be enough to tide through the trough. Sometimes this comes despite having planned ahead of time or having estimated the costs needed to maintain a business.
Where you can get a Singapore cash loan
Sometimes, there may be a few occasions when we find ourselves in need of cash, be it due to unforeseen circumstances like healthcare expenses, funeral expenses, or while planning for large milestones in life such as weddings, buying a car or house – that’s when we might need to get a Singapore cash loan.
Money lending license Singapore: What are the rules and regulations?
Many people who take a loan from licensed moneylenders have a very vague idea about the money lending industry. In this post, we will explain the requirements and rules for obtaining a money lending license in Singapore and how you can check if your lender is licensed.
Loan interest rate Singapore 2022
Singapore’s ranking as one of the most expensive cities to live in may not come as a surprise to those of us who have been residing here for a while. Coupled with the rising costs of living driven by shortages during a time like the Covid-19 pandemic, even the best of us need help financially to tide over this tough period. Fret not! We detail some of the most competitive loan interest rate Singapore to help you obtain the best loan to suit your needs.
Instant loan: Is it really instant?
There are many kinds of personal loans in Singapore, but what specific loan should you be looking for if you are urgently in need of cash? The fastest and easiest way to get your hands on quick cash is to apply for an instant loan from reliable money lenders in Singapore. For first-timers, you might be wondering is an instant loan really that instant? Just how fast can you get your money to meet your financial needs? Let’s find out!
The top 5 cheapest loans in Singapore
Thinking of taking out a personal loan or a payday loan? Read on as we outline some of the key points to know before taking a loan, and read till the end to find out where you can get the top 5 cheapest loans in Singapore.
Types of financial loans in Singapore for when you need cash fast!
Occasionally, you are faced with an unexpected crisis – perhaps you need to settle an expensive hospital bill, or you lack the cash to pay your rent. When you consider taking financial loans from the bank, you’ll have to be prepared for a long and tedious process to get your money. This is when people turn to quick loans in Singapore. Here are some of the types of financial loans available when you need cash fast.