Business Loan
Raising capital or financing a start-up can be daunting, especially with the difficulty of securing bank loans.
At 1st Credit SG, we understand these challenges.
We offer tailored business loans for all sizes,
including SME working capital loans, SME microloans, and investment loans for larger enterprises.
How It helps
Advantage of choosing us
Customized Loan
We tailor our repayment terms to align with your financial condition, helping you manage your loan and repay it without stress.
Easy Online Loan Application
Applying for our business loan is fast and simple, and you can conveniently complete the process online from your home.
Instant Approval, Instant Cash
As soon as your business loan is approved, the funds are made available right away, giving you instant access to cover your urgent financial needs.
No Hidden Charge
We are committed to full transparency. Our loan terms are simple and clear, with no hidden charges or unexpected surprises.
High Privacy Confidential
Your personal and financial details are safeguarded and kept confidential.
Low Interest Rate
Enjoy competitive interest rates that make borrowing more affordable.
How to Apply?
3 simple steps to get your cash
Step 1
Fill out and send your loan application online.
Step 2
Visit our office to meet your dedicated financial officer and learn the details of your loan.
Step 3
Get your loan approved in minutes. Sign-off and receive money on the spot.
Eligibility and Documents for Individual Loans
To apply for a Business Loan in Singapore, borrowers must be at least 18 years old. Eligible applicants include Singapore Citizens, Permanent Residents, or Foreigners holding valid work passes, such as a Work Permit, S Pass, or Employment Pass.
Singapore Citizen / Permanent Resident
- NRIC
- SingPass Login
- Latest 3 Months Payslips / CPF Contribution
- Proof of Address
Foreigner
- Passport / Work Pass / FIN
- Latest 3 Months Payslips
- If any, other income documents
- Proof of Address
FREQUENTLY ASK QUESTIONS
(FAQ)
Can I get a business loan with bad credit?
While having bad credit can make it more challenging to secure a business loan, it is still possible. We will try to working on your loan amount, though these loans may come with higher interest rates and stricter terms.
What is the difference between a secured and an unsecured business loan?
A secured business loan requires collateral, such as property or equipment, which the lender can seize if the loan is not repaid. An unsecured business loan does not require collateral but typically has higher interest rates and stricter qualification criteria.
How much can I borrow with a business loan?
The amount you can borrow depends on several factors, including the type of loan, the lender's policies, your business's financial health, and your creditworthiness. Loan amounts can range from a few thousand dollars to several million.
Where can I apply for a business loan online?
You can visit our branch at Fu Lu Shou Complex at 149 Rochor Road #01-07 Fu Lu Shou Complex Singapore 188425. Or call for +65 6266 5422