Understanding Invoice Financing & How It Works in SG: A Complete Guide
Key Takeaways Invoice financing in Singapore allows SMEs to unlock cash tied up in unpaid customer invoices, improving immediate cash flow management without taking on new debt. There are two main types: Invoice Factoring (selling the invoice) and Invoice Discounting (borrowing against the invoice). Unlike traditional business loans, approval is based primarily on your customers’ […]
Guide to GST Registration for Companies in Singapore (2026)
Key Takeaways GST in Singapore is a consumption tax on most goods, services, and imports that impacts pricing, invoicing, accounting, and business compliance obligations. A company must register for GST in Singapore if its taxable turnover exceeds S$1 million over a 12-month period, making this a key GST registration requirement set by IRAS. Businesses may […]
Comparing SME Business Loans: DBS, Maybank, OCBC and UOB
Key Takeaways Small businesses often need funding for expansion, working capital, and investments in growth or operations. Some banks that offer business loans in Singapore include DBS, Maybank, OCBC, and UOB. Interest rates are an important factor when choosing a business loan because they affect borrowing costs, repayment risk, and long-term affordability. Besides bank business […]
Best Money Changers in Singapore — Best Rates List 2026
Key Takeaways The Arcade at Raffles Place offers the most competitive rates for major currencies (USD, EUR, GBP, JPY) because dozens of money changers compete under one roof. Mustafa Centre is Singapore’s only 24‑hour money changer, perfect for late‑night or early‑morning currency needs, though rates may not always be the absolute best. Avoid exchanging at […]
How to Register for a Sole Proprietorship in Singapore
Key Takeaways A sole proprietorship is a business owned and run by one person, who keeps all profits and is personally liable for all debts. It is affordable to set up, easy to manage, and gives the owner full control. It is ideal for small or solo-run businesses, but may be less suitable if you […]
In-Depth: Best Small Business/SME Loans in Singapore (2026)
Key Takeaways Why SMEs need corporate loans in Singapore and what types are available Which small business loans are the best How you can apply for one No matter a company’s size, funding is crucial. Firms operating locally turn to business loans in Singapore for financing. New companies, along with small and medium-sized enterprises (SMEs), […]