Simple & Secure Loan Services
Business Loan
Obtain SME business Loan swiftly, with a straightforward and hassle-free process.
Are you aware that Singapore provides numerous government-assisted SME business loan financing schemes through over 20 banks and financial institutions? Each bank has different credit criteria and interest rates, making it time-consuming to compare them all.
With FundRego, we take care of the tedious job for you. Leveraging our extensive network and experience, we can compare all SME loans tailored to your business’s financial needs. This streamlined approach helps you avoid application rejections by exploring more options across all banks, ultimately maximizing your approval chances.
Click here to learn more about how to get your business loan with FundRego today.
Types of Business Loans
1. Business Term Loan / Working Capital Loan
The SME Working Capital Loan was introduced to assist local enterprises in obtaining unsecured working capital financing. This loan aims to support businesses in meeting their day-to-day operational cash flow requirements.
2. Factoring / Invoice Financing
Utilizing factoring loans can be a valuable resource for businesses seeking funds based on their receivables. Convert your invoices into cash and receive as much as 90% of their total value.
3. Collateralised Loans / Asset-Backed Loans
Companies possessing assets such as properties or equipment can utilize them to secure working capital for their daily operational requirements. Using assets as collateral enables companies to secure a higher loan amount compared to unsecured loans, and various financing options can be explored based on your business needs.
4. Trade Financing
Trade financing is a renewable credit facility employed for import financing or purchase financing. Businesses can make use of their trade financing credit lines to fund their imports or purchases with credit terms provided by banks. This enhances the working capital and cash flow within the trade cycle.
Why FundRego?
We recognize that everyone's situation is different, and we customize financial solutions for unique individuals or businesses.
Absolutely not! Our job is to simplify your loan process. Let us do the hard work for you.
Apply for a loan on our website, let us reach out to you for more information, and secure your funds!
Our philosophy revolves around providing customized financial solutions to meet your needs, and we are committed to going above and beyond to assist you in obtaining what you require.
Apply for a Loan Today
Seize financial opportunities with our SME business loan services customized for you.
Easily Evaluate Top Business Loans in 3 Simple Steps
01.
Begin the process by submitting your business loan request, this will allow us to understand your needs comprehensively.
02.
Upon receiving the necessary information, we will promptly reach out to you. Our response time is typically less than a day!
03.
Receive your funds to support your business needs!
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Explore a broad spectrum of financial solutions from numerous institutions by leveraging our services.
BUSINESS LOANS FAQ
Yes, you can. However, securing your desired financing amount may be more challenging. Many financial institutions in Singapore prefer lending to companies with at least 12 months of operation to assess their financial track records. Despite this, we collaborate with some lenders specializing in providing small, short-term unsecured loans for new companies. Alternatively, if you can pledge collateral such as properties, business financing can be more easily obtained.
We take your privacy seriously. Your contact details (company name, director’s name, number, etc) are only shared with interested relationship managers handling your business loan request.
Unfortunately, no. Currently, FUNDREGO exclusively operates in Singapore and collaborates only with financial institutions with local operations. Most of these institutions can only support locally incorporated SMEs. However, expansion plans into other countries are on our agenda for the near future.
- The required documents are standard across most banks and lenders and include the following:
- Past 6 months' bank statements
- Financial statements for the past 2 years (Management Accounts are acceptable)
- CBS report for the guarantor(s)
- Personal Notice of Assessment for the 2 latest years for the guarantor(s)
Non-bank lenders can process applications in a shorter timeframe, often within 1 to 7 days. In contrast, bank applications may take up to 1 month due to a more extended assessment period.
FUNDREGO offers professional advice tailored to your company's situation. We provide industry-specific guidance to enhance sales and reduce expenses, ultimately benefiting your company. Our extensive network allows us to assist with various finance facilities tailored to different industries