Key Takeaways
- Licensed and Regulated: Borrowing from licensed money lenders in Singapore ensures legal protection, fair terms, and transparent fees under the Moneylenders Act.
- Variety and Flexibility: Top lenders like Synergy Credit offer diverse loan products —personal, business, debt consolidation, and Grab/Gojek financing— with flexible repayment plans tailored to borrowers’ needs.
- Trust and Reputation Matter: Choosing a reputable licensed money lender guarantees ethical practices, fast approvals, and reliable customer service, helping borrowers avoid illegal lenders and hidden risks.
Finding a reliable lender in Singapore can be challenging, especially for borrowers seeking one of the best licensed money lenders in Singapore that combines ethical practices, competitive rates, and fast approvals. Whether you need a personal loan, business financing, or debt consolidation, choosing a trustworthy approved money lender in Singapore ensures safety, transparency, and legal protection.
This article presents a carefully curated list of licensed money lenders in Singapore, highlighting eight of the best options in 2025. Our guide focuses on lenders that consistently deliver excellent service, flexible repayment plans, and diverse loan products, making them the best licensed money lenders in Singapore for borrowers across the island.
Singapore’s lending market has evolved significantly. Historically, borrowers who could not access traditional banks often resorted to illegal lenders or “loan sharks”. Today, the well-regulated market of licensed money lenders offers secure alternatives. Our Singapore money lender list helps borrowers access safe and transparent financial solutions from good money lenders in Singapore.
Why Choosing a Licensed Money Lender Matters
Borrowing from a licensed money lender provides legal protection and ensures fair and transparent terms. Licensed lenders operate under the Moneylenders Act, which the Ministry of Law regulates. Essentially, the Act protects borrowers from hidden fees, predatory interest rates, and aggressive debt collection practices.
A good licensed money lender in Singapore offers clarity regarding rates, fees, and repayment terms. Many of the lenders on this list provide tailored repayment options to suit individual financial circumstances, making them a recommended licensed money lender for responsible borrowers.
When looking for the best money lender in Singapore, consider reputation, loan offerings, approval speed, and customer service. Whether you need personal loans, business loans, debt consolidation, or Grab/Gojek financing, the right lender can provide the flexibility and security you need.
Top 8 Licensed Money Lenders in Singapore (2025)
1. Synergy Credit
Website: syncredit.com
Address: Blk 442 Clementi Ave 3, #01-89, Clementi Central, Singapore 120442
Contact: 6250 0066
Synergy Credit is recognised as one of the best licensed money lenders in Singapore due to its ethical lending practices, personalised service, and flexible financing options. Located in Clementi, Synergy Credit provides reliable solutions for personal loans, debt consolidation loans, instant loans, and Grab/Gojek loans. Its commitment to fairness and transparency has made it a recommended licensed money lender in Singapore for both individuals and small businesses.
2. 96BM Credit
Website: cashloansingapore.com.sg
Address: Blk 302 Ubi Ave 1 #01-31, Singapore 400302
Contact: 6292 2629 (Contact Clara or Sim)
96BM Credit is known for its high approval rates and borrower-friendly policies. Serving clients from diverse financial backgrounds, it offers personal loans, business loans, payday loans, renovation financing, debt consolidation, and Grab/Gojek loans. Thousands of positive reviews highlight the lender’s efficiency, customer service, and reliability. It is consistently recognised in licensed money lender reviews and best money lender reviews.
3. Goldstar Credit
Website: goldstarcredit.co
Hougang Branch: 1187 Upper Serangoon Road, The Midtown #01-21, Singapore 533971
Contact: 6384 0088
Toa Payoh Branch: Blk 190 Lorong 6 Toa Payoh #01-576, Singapore 310190
Contact: 6252 0088
Goldstar Credit operates two branches, making it accessible to borrowers across different regions in Singapore. It offers SME working capital loans, personal loans, Grab/Gojek loans, payday loans, and debt consolidation. Its strong customer service and flexible repayment plans ensure it consistently appears on the best private money lender list and best Singapore-licensed money lender list, making it genuinely one of the best money lender options out there.
4. Galaxy Credit & Investments
Website: galaxycredit.com.sg
Address: Blk 703 Ang Mo Kio Ave 8 #01-2531, Singapore 560703
Contact: 6250 8811
Galaxy Credit is widely recognised as one of the best licensed money lenders in Singapore for its fast approval process and diverse loan offerings. Its services include personal loans, business loans, debt consolidation, Grab/Gojek financing, payday loans, and specialised loans for weddings, studies, renovations, or vacations. Galaxy Credit’s client-focused approach and speed of approval make it a top choice for borrowers seeking a recommended licensed money lender in Singapore.
5. Cash Direct
Website: cashdirect.sg
Address: 2 Venture Drive, Vision Exchange #01-21, Singapore 608526
Contact: 6493 0088
Cash Direct has served Singaporeans since 2010, loaning over $92 million. It is one of the best online money lenders, offering business loans, payday loans, renovation financing, debt consolidation, and Grab/Gojek loans. Known for transparent rates and personalised repayment schedules, Cash Direct appears frequently on top ten money lenders lists and has garnered numerous “best money lender” reviews thanks to its reliability and professionalism.
6. R2D Credit
Website: r2dcredit.com
Address: Blk 744 Yishun Street 72 #01-185, Singapore 760744
Contact: 6635 1596 (Contact Jacob)
R2D Credit is a recommended licensed money lender with a strong presence in Yishun. It offers wedding loans, renovation loans, medical financing, study loans, and Grab/Gojek loans. Known for high approval rates and low-interest terms, R2D Credit has helped transform Yishun into a safe borrowing hub. Its consistent inclusion on top-rated lists of licensed money lenders in Singapore reflects its credibility and trustworthiness.
7. UK Credit
Website: ukcredit.sg
Address: Blk 210 New Upper Changi Road #01-723, Singapore 460210
Contact: 6448 7448
UK Credit is recognised for providing loans to borrowers with lower credit scores or those who have been previously rejected elsewhere. Its offerings include personal loans, business loans, payday loans, debt consolidation, and Grab/Gojek financing. Positive money lender reviews and repeated appearances on Singapore-licensed money lender lists highlight its reputation as a recommended licensed money lender.
8. Soon Seng Credit
Website: soonsengml.com
Address: 1 Park Road, People’s Park Complex #01-21, Singapore 059108
Contact: 6226 8860
Soon Seng Credit is a good licensed money lender in Singapore with a strong reputation for transparency and ethical practices. It offers personal loans, business loans, payday loans, debt consolidation, and specialised financing for weddings, renovations, medical expenses, and studies. Its focus on service and clarity has earned it a spot on the list of best licensed money lenders in Singapore as a recommended licensed money lender.
Choosing the Right Licensed Money Lender
Selecting a lender from the list of legal money lenders in Singapore requires checking licensing, comparing rates, reading reviews, and evaluating available loan types. Avoid illegal lenders who contact borrowers via WhatsApp, SMS, or online ads, as these are not on any lawful Singapore-licensed money lender list.
Responsible borrowing begins with choosing a good money lender in Singapore that aligns with your financial situation. Whether for personal expenses, business needs, or debt consolidation, selecting the right licensed lender ensures access to safe and efficient loans.
Conclusion: Why Synergy Credit is the Best Choice
Among Singapore’s top licensed money lenders, Synergy Credit stands out for its reputation, transparency, and commitment to ethical lending. Known for its personalised service, fair practices, and strong customer trust, Synergy Credit has earned recognition as a recommended licensed money lender in Singapore.
For anyone looking for a good money lender in Singapore, Synergy Credit offers reliability, professionalism, and peace of mind throughout the borrowing process. Apply now or contact Synergy Credit to experience responsible and trusted lending.
