Business Loan Singapore

Get a SME business loan up to 2 million SGD with longer loan tenures from
the #1 licensed money lender in Singapore with one of the lowest interest rates.

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Business Loan in Singapore

Legal Business Loan in Singapore, Company Funding

Your business goals are now at your fingertips, thanks to Credit 21 legal and licensed money lending services for a legal business loan.

Setting up a new business offering is not an easy task. A lot of time, effort and resources go into making the business healthy and able to support itself. A business owner pours himself out materially, emotionally and physically just to give the business a sturdy pair of legs on which to stand.

Most business owners furnish the resources their business needs from their personal savings kitty. A few of the lucky ones can get the backing of venture capitalists, or have trusts from relatives to fund the business in its early stages.

For the vast majority, however, raising capital is a major and stressful mountain, because many banks are not open to offering credit to young businesses and start-up enterprises (at least running for 2 years) on the strength of their potential. As a result, when such businesses are faced with financial challenges, the task of raising money is very difficult.

This, however, was all before Credit 21 licensed money lender and our short term and medium term business loan Singapore packages. Today, you can get secured or unsecured loans to run your business and finance various projects as and when the need arises. With flexible options regarding amount, repayment and other details, every business owner can find a befitting debt capital solution with us.

Flexibility and diversity

Credit 21 offers loans that are suitable for different business needs. For instance, we can provide loans for inventory acquisition and creditor debt settlement, business expansion projects, disaster recovery efforts, cash flow issues and asset acquisition, among many others.

Depending on the specifics of the business, the loan amount for which the business qualifies can be determined following examination of the business’s financial statements as well as income tax reports for the period to show that the business has existed for two years or more. This gives us an idea of the business’s potential, which determines how much can be lent to the business.

In addition, the business can also have versatile repayment plans according to the realization of income. Credit 21 offers the most flexible options in repayment, including variable instalments to allow the business to make smaller payments during periods of slow business, and bigger payment in the high seasons when more revenue is realized.

However, feel free to ask our financial experts any questions you have about using the loan for your future goals, and you can receive advice on how best to spread out the money to make the most out of it. Our financial experts are highly trained and have been in the business for many years. They understand the market, and can help you translate that information into monetary benefits for your business.

Benefits of a Business Loan
with Credit 21

Our business loans stand out as we provide our borrowers with a wide range of unique benefits.

Better and Improved
Credit Scores

Loan Tenures

Ease of Application
and Approval

Increased Convenience

Frequently Asked Questions​

We have the answers for you.

What is the business loan application and approval process like?

Don’t wait for weeks on end to get that yes or no from a bank, during which time you sacrifice the well-being of your business. It is extremely difficult, impossible even, for young, non-profit making business to secure bank loans. The bar is set so high because they do not want to expose themselves to that risk.

That’s not true here at Credit 21 because we want to give your business a chance to realize its full potential. Financing is at the heart of making any business venture succeed, which is why Credit 21 licensed money lender remain close to provide assistance when required.

Through a streamlined and simple online process, you can receive the cash on the spot after you have gotten approval and signed the loan agreement at our office. This helps direct towards your need so that your business can continue as a going concern. The online application gives you the advantage of convenience, since you can apply from wherever you are in Singapore and still get the loan.

How do you access my business loan eligibility?

In order to make the most of your business loan, it’s important to carefully analyse your past, present and future state. This will also give you a chance to determine exactly how much you need to borrow in order to make your business venture prosper. Don’t borrow excess of what you need and give yourself an additional repayment burden that is completely unnecessary.

Instead, focus on getting exactly what you need and determine how you will repay the loan. Is it viable for your business? If so, come to us and we will help you realize those goals. Knowing exactly what you want can help your financial partners at Credit 21 provide a solution that best fits.

Just call us now at 622-11-811 and let us help build your business, together.

What can I use a business loan for?

You can use a business loan to expand your current business. Expanding a business can be exciting when you do not have to think about how difficult it is to acquire a loan. Business loans definitely make a difference when one wants to start a new business offering or expand an existing one. People choose to acquire this business loan from different sources such as a bank, friends and co-workers and moneylenders.

Moneylenders are among the most preferred sources of business financing because the loans are easily accessible. The legal loan procedure that is required is very straightforward and the requirements are easy for any borrower to meet.

There are many kinds of businesses and thus the kind of business that you are willing to start will define the business loan that you will acquire. One of the most common types of business loans is commercial loans. This is a loan that you can acquire from the bank to meet your direct and indirect costs of running the business. This includes licenses, cost for operations and purchasing stock. The bank will offer the individual an operating line of credit where interest will be charged on the money that is being used only.

What are the kinds of business loans?

A common business loan is an agricultural loan. Starting an agricultural enterprise is a very attractive investment and moneylenders are always willing to finance this idea. People will always need food to eat so more often than not, this business venture is a guaranteed success. Acquiring a loan for this business venture is used for operating expenses and purchasing livestock and seedlings.

Real estate is another business that you can venture into when considering getting a business loan. Working with a moneylender for this venture is great because you can acquire a loan that is customized to suit your needs. People take this loan for construction, remodeling or taking a mortgage.

If you are considering a business loan for a small business such as a general shop, a moneylender is able to offer you this loan even though your collateral may be as little as your payslips. Taking a loan for a small business is usually to purchase stock and acquire a license. When you have access to the money it is easy for you to realize your dreams.

3 Simple Steps
to receive your
instant cash loan

Submit Online Application

Register an account or simply fill up the loan application form. Takes only 3 mins.

Receive Application Status

Outcome of the loan with the maximum loan amount will be provided to you within an hour.

Fast Cash Disbursement

Head down to your selected Credit 21 branch, sign the contract and get your money instantly.

Apply Now

What Our
Customers Say

As one of the top legal and licensed moneylenders in Singapore with more than 900 positive
customer reviews, we aims to help all our customers financially.

Leon Yun

March 23, 2021

Thumbs up for loan officer Kent there, he explain very well and gave me very fast and good loan. highly recommend!

Susan Liu

March 23, 2021

This COVID situation really affected me and I urgently needed money. I must say that Credit 21 is really one of the best moneylenders wow! They explained all the terms very clearly and gave me my money very very quickly. They really helped me so much! God bless!

David Liu

March 23, 2021

The staff here is nice and helpful. They guide me on payment process. I like. It help me a lot. Thank

Olivia Chen

March 23, 2021

Credit 21’s customer service officer james was helpful and nice. He helped me with everything i was unsure about and went through everything in detail. Good service. (:

Oscar Wu

March 23, 2021

Special thanks to Mr Kent and Ms NAna of Credit 21 moneylender.As this was our first time taking loan, they guide and explain to me and my husband the details very promptly.their services rendered to us were great and professional.they very friendly and helpful.i highly recommend them. Kudos to the staff of credit 21.have a great week ahead! 👍👍👍

Dylan An

March 23, 2021

Was surprised by the good customer service of credit 21. Definitely a genuine and reliable moneylender. Look for them if you need loan.