Bizsquare Group - Best SME Business Loan Singapore 2023
- Get $300k SME Working Capital Loan
- Get up to $3 Million Temporary Bridging Loan
- Refinancing your property to a lower rate
- Get a Trade Facility for your Business
- Highly professional business loan consulting
Bizsquare - Reliable Business Loan Consulting Services
- Get $1 Million SME Working Capital Loan
- Get up to $5 Million Temporary Bridging Loan
- Refinancing your property to a lower rate
- Get a Trade Facility for your Business
- Highly professional business loan consulting
We provide services like Business Loan Consulting Service in Singapore along with Trade Financing Advisory. Moreover, we provide Mortgage Property Loan Advisory.
We provide services like Business Loan Consulting Singapore along with Trade Financing Advisory. Moreover, we provide Mortgage Property Loan Advisory.
Bizsquare is dedicated to helping small to medium company grow. Doesn’t matter if you’re trying to find business term loans, working capital loan, trade financing, business loan consulting service, residential or commercial property loans, SME loans, invoice financing and equipment financing.
Bizsquare provides you hassle-free and cost-free consultancy services until your loan is approved. They are your one-stop solution that helping your company obtaining loans from financial institution.
We focus on elevating and raising capital for your business, so you can focus on growing your company and scaling, because this is our expertise.
Rest assured that, our Bizsquare team never rests on applications, and always brings the finest results to you.
Our customers seldom leave us empty handed.
Funding applications by SMEs in Singapore are consistently high, and due to the pandemic, more loan application was rejected. Yet as much as 90 percent of applications that are handle by Bizsquare, are approved by financial institutions in Singapore.
Due to the pandemic situation, although the actual number of disbursed funds from banks to SMEs is reduced. Yet rest assured, our Bizsquare group never ever rests on applications, as well as always bringing the very best results to all our clients.
BUSINESS LOAN CONSULTING SERVICES
BUSINESS TERM LOAN
Enhance your cash flow and improve your business operations with a Business Term Loan of up to $500,000 and for up to 5 years.
Find out more
TEMPORARY BRIDGING LOAN
Government funding initiatives to help company overcome covid19. SME can get funding of up to $3million at a very attractive interest rate starting from 2.5% per annum.
Find out more
SME WORKING CAPITAL LOAN
Get funding of up to $300k from a Singapore government-assisted working capital financing scheme for your cash flow concerns and business expansion with low interest rates.
Find out more
OVERDRAFT FACILITIES (OD)
Overdraft facilities allow you to withdraw more funds than what you have currently in your account, without any complicated formulas or rigid repayment terms.
Find out more
INDUSTRIAL & COMMERCIAL PROPERTY LOAN
Attractive financing for Industrial & Commercial properties at up to 90% of the property’s market value that will cater to your needs and requirements.
Find out more
MORTGAGE & REFINANCE
Save money on your monthly installments through mortgage plans with low and competitive interest rates and by refinancing to plans with lower interest rates.
Find out more
INVOICE FINANCING / FACTORING
It releases cash currently tied up in outstanding customer invoices. Ideal for funding expansion plans or improving your cash flow.
Find out more
TRADE FACILITY (LETTER OF CREDIT)
A major payment method in international trade because it benefits both parties in transaction
Find out more
PRIVATE FINANCING
Typically for small businesses and start-ups as it is hard for them to receive financing from banks.
Find out more
BUSINESS TERM LOAN
Enhance your cash flow and improve your business operations with a Business Term Loan of up to $500,000 and for up to 5 years.
Find out more
TEMPORARY BRIDGING LOAN
Government funding initiatives to help company overcome covid19. SME can get loan of up to $5million at a very attractive interest rate starting from 2.5% EIR per annum.
Find out more
SME WORKING CAPITAL LOAN
Get funding of up to $1million from a Singapore government-assisted working capital loan scheme for your cash flow concerns and business expansion with low interest rates.
Find out more
OVERDRAFT FACILITIES (OD)
Overdraft facilities allow you to withdraw more funds than what you have currently in your account, without any complicated formulas or rigid repayment terms.
Find out more
INDUSTRIAL & COMMERCIAL PROPERTY LOAN
Attractive financing for Industrial & Commercial properties at up to 90% of the property’s market value that will cater to your needs and requirements.
Find out more
MORTGAGE & REFINANCE
Save money on your monthly installments through mortgage plans with low and competitive interest rates and by refinancing to plans with lower interest rates.
Find out more
INVOICE FINANCING / FACTORING
It releases cash currently tied up in outstanding customer invoices. Ideal for funding expansion plans or improving your cash flow.
Find out more
TRADE FACILITY (LETTER OF CREDIT)
A major payment method in international trade because it benefits both parties in transaction
Find out more
PRIVATE FINANCING
Typically for small businesses and start-ups as it is hard for them to receive financing from banks.
Find out more
MICROLOAN SINGAPORE
Microloan is no longer available since 2019, however we still have other products that you can take a look at.
Find out more
OUR PROCEDURE
It’s an easy 6 steps process, here’s what you need to do:
STEP 1
Submit the Loan Enquiry form
STEP 2
We’ll Call You Within 24 hours
STEP 3
During the Call, We’ll Find Out More About You & Arrange A Free 30 Min Consultation With Us
STEP 4
We analyse your business, your financial situation, your cashflow gap and expansion plans
STEP 5
Present to you our recommendation on what is the best solutions for your business
STEP 6
Loan Approved. Get the funding you require and solve your cash flow needs
STEP 1
Submit the Loan Enquiry form
STEP 2
We’ll Call You Within 24 hours
STEP 3
During the Call, We’ll Find Out More About You & Arrange A Free 30 Min Consultation With Us
STEP 4
We analyse your business, your financial situation, your cashflow gap and expansion plans
STEP 5
Present to you our recommendation on what is the best solutions for your business
STEP 6
Loan Approved. Get the funding you require and solve your cash flow needs
WORK IN FIGURES
985
No. Of Clients
Over 1.2 Billion
Total Approved Loan Amount
50+
No. Of Financing Partners
WORK IN FIGURES
985
No. Of Clients
Over 1.2 Billion
Total Approved Loan Amount
50+
No. Of Financing Partners
Our Financing Partners
Our Financing Partners
SME BUSINESS LOAN IN SINGAPORE FAQ
- Q1. What is the maximum amount of business loan I can secure?
- The funding amount differs depending on the type of financing you wish to apply, between banks and also dependent on your company’s profits.
- Q2. Would I be able to apply for business loan if I am a start-up company in Singapore?
- Yes, definitely but there are very limited options for new start-ups.
Most of the banks do not provide start-up business funding for newly registered companies therefore it would be a struggle to obtain bank financing during initial phase. However, we will try our best to reach out to suitable financial institutions that will help you!
- Q3. What happens if I do not qualify for the business loans?
- If you are not qualified for our business loans, we will ensure that we let you know all the information you need to improve your financial situation and your business. Afterwards, you can put in another application at a later date with better chance of qualifying. Many businesses opt for financing due to urgent needs for project funding. When an application has been declined, the business may not be eligible to apply to the same lender for as long three to six months.
- Q4. Why would a bank reject my business loan application?
- Here’s some of the potential reasons why an application might get rejected:
– Business’ owner credit profile
– Not understanding the financials that was submitted
– Applying to the wrong bank for funding
– The loan limit that is applying
- Q5. How will it affect my business loan application if I have a low credit rating?
- Once you apply for a loan, the financial institution will look up your personal credit report. Your credit report will then be taken into account when your application is being surfaced. If you have a low credit rating, there’s a higher chance that your business loan will be negatively affected by it. However, Bizsquare can help you to identify the various banks and other financial institutions that have credit criteria that is suitable for your business profile, so that you can maximize your chances of approval for a business loan.
- Q6. What are the interest rates for business loan in Singapore?
- Average interest rate currently are ranges from 2.5% – 7.5% effectively per annum, depending on the type of business loan you are applying for and the company’s credit profile.
For more info: Click Here
- Q7. What are the documents required to apply for a business loan?
- Typically we will need:
– last 6 months of company bank statement
– Last 2 years of financial statement
– Last 2 years of notice of assessment
– NRIC of the guarantor
- Q8. What are the processing time to apply for a business loan?
- Depends on the volume of application at that point of time. Typically 2-4 weeks.
SME BUSINESS LOAN SINGAPORE FAQ
The funding amount differs depending on the type of loan you wish to apply, between banks and also dependent on your company’s profits.
Yes, definitely but there are very limited options for new start-ups.
Most of the banks do not provide start-up business loan for newly registered companies therefore it would be a struggle to obtain bank financing during initial phase. However, we will try our best to reach out to suitable financial institutions that will help you!
If you are not qualified for our business loans, we will ensure that we let you know all the information you need to improve your financial situation and your business. Afterwards, you can put in another application at a later date with better chance of qualifying.Many businesses opt for loan due to urgent needs for project funding. When an application has been declined, the business may not be eligible to apply to the same lender for as long three to six months.
- Here’s some of the potential reasons why an application might get rejected:
– Business’ owner credit profile
– Not understanding the financials that was submitted
– Applying to the wrong bank for funding
– The loan limit that is applying
Once you apply for a loan, the financial institution will look up your personal credit report. Your credit report will then be taken into account when your application is being surfaced. If you have a low credit rating, there’s a higher chance that your business loan will be negatively affected by it. However, Bizsquare can help you to identify the various banks and other financial institutions that have credit criteria that is suitable for your business profile, so that you can maximize your chances of approval for a business loan.
Average interest rate currently are ranges from 2.5% – 7.5% effectively per annum, depending on the type of business loan you are applying for and the company’s credit profile.
For more info: Click Here
Typically we will need:
– last 6 months of company bank statement
– Last 2 years of financial statement
– Last 2 years of notice of assessment
– NRIC of the guarantor
Depends on the volume of application at that point of time. Typically 2-4 weeks.