Credit Bureau Singapore (CBS) Report vs Business Loan Approval
Key Takeaways Credit Bureau Singapore (CBS) is a MAS-regulated central credit bureau that provides lenders with comprehensive consumer credit reports and scores. The most important parts of a CBS report are the executive summary, recent payment performance, and credit score. You can access your CBS report online, and it is free if you have recently […]
Top 5 Reasons to Obtain a Business Loan in Singapore
Key Takeaways A business loan in Singapore helps SMEs overcome financial challenges, manage operations, and invest in growth opportunities. Business loans help SMEs manage costs, improve cash flow, and fund expansion, enabling smooth operations and long-term growth. Business loans help SMEs invest in technology and seize growth opportunities, enhancing productivity and long-term success. SME lenders […]
Unlocking Opportunities: The Top SME Grants in Singapore (2025)
Key Takeaways Singapore offers various SME grants to support business growth, digitalisation, and overseas expansion. Key grants include the EDG, PSG, MRA, Energy Efficiency Grant, SkillsFuture Singapore Grants (SSG) and Startup SG Founder. These grants help companies improve productivity, adopt technology, and access new markets. Most grants fund 50–70% of project costs but require businesses […]
Your Ultimate Guide: How to Register a Company in Singapore
Key Takeaways To register a business in Singapore, you need at least one local director and a company secretary, a minimum share capital of S$1, a local registered address, and a corporate bank account to manage business finances separately. Choose and reserve a unique name, decide on a business structure, appoint a local director, prepare […]
A Definitive Guide About Hire Purchase In Singapore
Hire purchase is a popular financing option that allows businesses to acquire assets without the need for a traditional business loan in Singapore. Unlike standard business loans such as business expansion loans, a hire purchase agreement enables the buyer to make instalment payments over time while using the asset immediately. This arrangement is particularly beneficial […]
Understanding Business Loan Interest Rates in Singapore
For small businesses and SMEs in Singapore, securing financing is a crucial step toward growth. Yet, one of the major concerns business owners face is the SME loan interest rates or business loan interest rates in Singapore, given their direct impact on a company’s financial health, cash flow, and overall strategic direction. A favourable business […]
6 Benefits of Getting An SME Business Loan In Singapore
A business loan in Singapore is a financial product designed to help businesses obtain the necessary funds for various purposes. There are many advantages to small business loans that companies can tap into — from expansion and equipment purchases to boosting working capital and managing cash flow, among other benefits. In case you didn’t know, […]
Your Complete Guide to Business Loans for Startup Companies
For most entrepreneurs, getting the right business loan in Singapore is often the critical first step toward turning an idea into reality. From covering payroll to financing equipment, a business loan for a startup business ensures that you have the capital to keep things moving. However, securing a business loan for a new company isn’t […]