Business Loan

You need finance to regulate and control your business. A business organization, be it in any Whether it is a start-up company, a company in the first stage or an existing company, financial planning is a must. Irrespective of the size of your company, be it a small company or large multinational corporation, finance is needed for its smooth operation. When you cannot arrange for the money from your own sources, procuring a business loan is good option for you.

Why Choose Us?

At Mylendersg, we ensure fast, efficient, flexible and convenient finance arrangement so that you can focus on your core operations. Being unique in nature, every business has different kind of financial needs and requirements. We offer a wide range of credit facilities to our customers at competitive rate of interest for your various business needs. You will get your loan amount easily and at the right time to tackle your business requirements.

With loan tenure ranging from minimum 2 months (61days onwards) to maximum of 18 months, you can decide your repayment schedule accordingly. We also give flexibility in The Annual Percentage Rate (APR) of our Business Loan with a minimum 12% to maximum of 36% per annum on reducing interest rate for 1 years tenure.

Simple Process

When we say fast, we mean it. Our loan application process has been designed with speed in mind. You will get the status of your loan application within minutes of submitting your application. Least paperwork (for verifying information which cannot be verified) is our policy to make the whole process smooth and easy. You will receive your money within the same day once you will sign the documents. The entire process is made simpler and fast for our customer’s convenience.

Apply For A Business Loan

Please complete the form below using true information.

Eligibility

For more information about our services and how we can assist, you can contact us by email at sale@mylendersg.com.

  • Singaporean, Permanent Residents
  • Min. 21 years old and above
  • NRIC
  • Currently Employed
  • Latest 3 months payslip
  • Latest 6 months or more CPF Contribution Statement
  • Income Tax Statement
  • Original PUB or Mobile bill reflecting your residential address
  • Not an undischarged bankrupt, nor facing any bankruptcy proceeding

General Information On Business Loan

Information You Should Know On Borrowing
  • Minimum Period For Repayment From 2 Months (61 Days Onward)
  • Maximum Period For Repayment Up to 24 months
  • Minimum Annual Percentage Rate (APR) 12% per annum
  • Maximum Annual Percentage Rate (APR) Up to 36% per annum on reducing interest rate
  • Above stated exclude administrative fee.
  • Cost of borrowing stated is an estimation and may vary due to loan amount, period of loan and other fees such as late fee and late interest rate may be charged in the event of violation on terms & conditions.
Sample Representation On Total Cost Of The Loan :
  • Total Amount Borrowed S$1,000
  • Period of Repayment* 12 months
  • Interest Rate* 1% Per Month (Interest S$10 = S$1000 Principal * 1% Monthly Interest)
  • Annual Percentage Rate of Charge (APR)* 12% APR
  • Total Interest for 1 Year (12 months)* S$120 (S$10 * 12 months)
  • Total Cost Payable Per Annual (12 months)* S$1120 (S$1000 Principal + S$120 Interest)
  • Your actual credit amount and interest rate will be based on your individual credit profile and affordability.
  • Tables above are for illustration purposes only. You should seek advice from your adviser or consultants before making any financial decisions.