Angeline Lawrence

Business Development Associate

Angeline, a graduate of Binus University in Jakarta, began her career in 2021 as an IT Consultant at PwC. She also has two years of experience in Business Development. Angeline is skilled in identifying how changes and risks affect different stakeholders and is proficient in market research. Throughout her career, she has consulted in various industries, including state-owned companies, entertainment, and mining, building a strong network. Her expertise is in conducting market research for business development and understanding transformations, localization strategies, and risk assessment when entering new markets. With her experience in analyzing stakeholder dynamics and market trends, Angeline is well-equipped to excel in her field. She is fluent in both English and Bahasa Indonesia, and she also has a basic understanding of Hokkien.

Niki Dwi Adityas

Digital Marketing Manager

Niki is a seasoned IT and Digital Marketing professional with a decade of experience in FinTech and E-commerce. His skill set includes website design, optimization, and noteworthy contributions to Loyalty Management Systems for renowned brands such as Shiseido and Gucci. Holding a Bachelor's in E-commerce from STMIK Indonesia, Niki is certified in Microsoft Database, Business Intelligence, and MVC Programming.

He is proficient in PHP, Laravel, WordPress, JavaScript, SQL, and Python, and he combines technical prowess with digital marketing expertise. Niki has successfully collaborated and worked with companies in Indonesia and Singapore, crafting high-conversion digital marketing campaigns. His unique blend of technical and marketing skills positions him as a valuable asset capable of driving success across diverse projects and industries.

Winnie Hoh

Accounts & HR Executive

Winnie's expertise lies in providing highly customized solutions tailored to the unique needs of each client. She excels in guiding SMEs and multinational companies through intricate accounting regulations, ensuring compliance and efficiency. A pivotal team member, Winnie adeptly manages clients' accounting, tax, administrative, and outsourcing needs. Her rich background as an Accounts Assistant Manager spans Malaysia and Singapore, showcasing her expertise in registering businesses, managing transactions, and navigating complex corporate landscapes.

Christy Eugenia

Social Media Manager

Graduating from the Bali Tourism Institute in Indonesia, Christy embarked on her career as a social media specialist in 2017. With over 4 years of experience in the Singapore market and 3 years in the Indonesian market, Christy possesses extensive expertise in developing effective business strategies, digital marketing strategies and managing social media campaigns across various platforms. She has also worked closely with numerous Key Opinion Leaders (KOLs) and influencers from both Indonesia and other countries. With her knowledge and skills as a business consultant, Christy can provide valuable assistance in establishing a strong digital marketing presence in new markets.

El-Given Christy

Chief Designer

El-Given Christy graduated from Maranatha Christian University Bandung and is an experienced branding consultant with over 6 years of experience in Indonesia and 2 years of experience in the Singapore market. She specializes in branding, social media design, and brand localization consultancy.

Throughout her career, El-Given has gained experience providing consultancy for various industries including jewellery retail, food and beverage, hospitality, and more. She is passionate about creating visually appealing designs that help businesses stand out in their respective markets.

Janice Koh

Loans & Partnership Manager

Janice holds a degree in Business Administration Management from PSB Academy. With her background in business administration and 8 years of experience in the financial sector, Janice is well- equipped to provide strategic insights and recommendations to businesses aiming to enter new markets. Her proficiency in market research, data analysis, and risk assessment ensures that clients receive thorough and reliable assessments to make informed market entry decisions.

Adela Shienny

Business Development Director

Shienny is an accomplished business development professional with a finance degree from New York University and holding a CFA level 1. She has an extensive experience in marketing and corporate finance, specializing in market research and localization strategies. She is a native Indonesian who has spent over a decade of her academic and professional life in Singapore and the United States, thus possessing a multicultural background and profound comprehension of the cultural intricacies in both Singapore and Indonesia. This unique perspective enables her to provide valuable support to her Singaporean clients in adapting and succeeding in the Indonesian markets.

As a member of the Stellar Women community with international property experience, Shienny has an extensive network in Singapore and Indonesia. Her connections span diverse industries like media, event organizers, food and beverage, investors, and entrepreneurs, making her an excellent business connector.

Additionally, her fluency in English, Chinese, and Bahasa Indonesia gives her a unique advantage in bridging the language gap for international companies, facilitating effective communication between foreign businesses and their Indonesian counterparts.

Jamie Tan

General Manager & Creative Director

A growth achiever with over 14 years of experience in business management, marketing, and design, Jamie is the Assistant Lead Consultant leading the business marketing team as Creative Director. As the executive management, she has vast experience in developing and implementing constructive business and marketing strategies for clients across all channels and works closely with the finance department on business budgeting and forecasting. Jamie has helped many firms in market entry feasibility studies, business matching, branding consultancy, strategic marketing consultancy and many more.

Melvin Ho

Founder & CEO

Melvin Ho, a Practising Management Consultant (PMC), is the CEO of Bizsquare, specializing in Cash Flow Structuring and Business Brand Strategy for SMEs. He holds an MBA from Arcadia University, USA and a Bachelor of Commerce from Murdoch University, Australia.

Melvin founded Bizsquare in 2013 to address the underserved demand for SMEs financial management advice. Over the years, Melvin has provided management consultation to MNCs and government-related bodies. He has since then expanded his services to include branding and marketing, accounting, and business strategy development, offering comprehensive solutions for SMEs. Melvin has built a robust network of business owners across the globe, particularly in Singapore, Indonesia, and Malaysia.

With over 14 years of experience, Melvin's expertise, excellent business acumen and recognition in the industry has driven Bizsquare's customer success in building strong networks internationally. Many Singapore businesses have benefitted from his network. He has a strong team in Indonesia which has helped many Singapore businesses establish networks and partnerships there.

Alongside him is a team of experts dedicated to their respective areas of expertise, providing a comprehensive one-stop solution to clients worldwide.

Biz Content

The Six Benefits of Engaging a Loan Consultant for Your Business in 2023

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Have you ever wondered whether it is better to engage a loan consultant or to apply for a business loan yourself? 

Applying for a business loan is an extremely tedious process. In fact, many small business owners, especially first-timers, find it difficult to get started due to the sheer number of requirements banks may ask for; and most SMEs do not know what the banks are looking for. 

Based on my 10+ years of experience in the corporate finance industry, let me first explain the role of a loan consultant. 


Role of a Loan Consultant 

Most of the SME loan brokers in the market act as an intermediary, a “go-between” facilitator, who connects the business owner with a prospective financier. Their key responsibility is to ensure that the loan application process runs smoothly; from satisfying the requirements of a financial institution to the actual SME loan disbursement. 

A good loan consultant, however, not only takes on the role of an intermediary but also as an advisor to help you improve your chances of loan approval and, ultimately, grow your business. 


So, what are the benefits of engaging a loan consultant?

1. Extensive Contacts and Networks 

Professional brokers, especially those with years of experience, have built relationships with a large network of financiers and bankers. They’ve known and worked with a large number of banks and financial institutions in the past, giving them (and you) the advantage of knowing who offers the best deals. A loan broker knows where to search for a financier who is a good match for your funding needs, and he will find the missing piece of the puzzle. In essence, you are paying for the extensive contacts of a business financing specialist, whom he has screened through numerous bankers and has direct ready access to those bankers who are responsive and dependable.

Additionally, due to his wide range of contacts and networks, a broker is informed of new loan products and promotions. He would know every useful and latest information about lenders and financing programs. In other words, he is in the loop.


2. Expertise and Experience 

A seasoned broker will have both mastery and experience in the lending process as well as documentation. He is familiar with the market, including indicative rates, and can identify whether a loan is overly or reasonably priced. He has the knowledge of the common types of collateral offered as loan security. He also understands the basic laws and regulations governing lenders and borrowers. Since he has handled most types of loan contracts, you can rely on him to discuss any terms and conditions that you are unclear of. He can walk you through each loan provision and highlight any business loan fees you should look out for. 

Additionally, the founder’s background is also crucial as his or her knowledge and experience can help you better understand your case situation. When they have good credit knowledge, it can also further add value to your case. 

Benefits of Engaging a Loan Consultant

3. Alternative strategy and practical advice 

Obtaining a loan through a broker does not guarantee that you will get it the first time you approach a bunch of funders. If the banks reject you, your broker can still work it out for you because he knows other financing options. While you might not be eligible for a traditional bank loan, you could still get approved for a merchant’s cash advance, a revolving credit line, or other funding options.

A professional broker will have a plan B and a string of other alternatives prepared for you, just in case. He can also advise you on the various possible reasons your application was rejected and how you could improve your credit standing in the future.


4. Favourable loan terms 

Many loan brokers think that presenting your loan proposal to a handful of financiers rather than a single financier is a strategic way of getting the best of the best loan terms offered in the market. They think that approaching multiple banks and financial institutions concurrently will result in the best rates and payment terms. While it saves you time, we would like to share that Bizsquare does not propose your loan to all funders. Although many brokers do this, Bizsquare does not believe that it is the right thing to do. It is very easy to just forward your document to all of the financiers at once, without accessing your credit, but this will not benefit the SME at all.

In our opinion, a good consultant will have the knowledge of accessing the customer’s credit profile and business needs, then recommend the correct loan package or financing product to the client. If the client needs a trade financing loan rather than a simple business loan, a good loan consultant will explain the trade cycle and how it will help the business. 

Upon determining the ideal product, the loan consultant will share with the SME different financiers who offer this product, as well as all of the terms, before making the final decision with the client. Once a decision has been made, the loan consultant should apply to only 1 or 2 financiers. 

  • It is not necessary to approach and compare because this merely indicates that the consultant does not know their work and must rely on the banker or credit approval to inform them.
  • An important reason not to approach several banks at once is that when multiple banks search the guarantor’s personal credit bureau and the company’s ACRA, there will be extra searches on the director’s personal credit bureau, which will lower the guarantor’s credit rating. The same is true for company ACRA searches from banks, where additional searches can reveal credit approval that the SME is simultaneously applying for multiple loans, which does not look good (I’m saying this as a former bank credit-approval officer). 
  • This frequency of searches from different funders in a month also shows to other funders that this company is desperate for funding. For example, having 8 searches in a month does not reflect well on the company. 

Many inexperienced brokers still do this today and they do not realise this problem.

The right way to do it is that before you submit your application, have an experienced broker assess your case and see how you may improve your credit record. Even if you submit and get rejected, the consultant should be able to let you know your problem and work with you to solve it. Therefore, allowing you to apply within the next few months. 

Benefit of Loan Consultant
Bizsquare is a one-stop business consultancy firm providing Loan Consultancy Services, Accounting and Corporate Secretarial Services, Branding and Marketing Consultancy, Strategy Management and Start-up Mentorship.