Business Loan Singapore

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.

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.

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.

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.