Elevate Credit Line

Elevate Credit Line is Funding Societies’ latest business payments solution for SMEs. Not a credit card product but rather a combination of Virtual Expense Card powered by MatchMove, and a Credit Line separately granted by FS Capital Pte Ltd.

Upon approval and activation, funds will be made available via the app for spending online.

Approval turnaround timeline subjected varying conditions like underwriting and completeness of documents submitted.

• Business owners who are looking for a more convenient way to manage and spend their budget, to improve cash flow, all with one product.
   
• Business owners and delegated team members to pay for business expenses like bills or online purchases.
   

Use our virtual card with any online merchant who accepts Mastercard®.

Apply for Elevate Credit Line at NO COST, and no processing fee. 

Up to 55 days of interest free credit, and a [2%] per month interest will be charged if outstanding is brought forward to the next billing cycle. 
 

1. This Campaign is organised by FS Capital Pte Ltd (“Funding Societies”) and the Campaign is valid from 1 June to 31 July 2023 (“Campaign Period”)

2. This Campaign is open to all customers (“Eligible Participants”) who fulfil all of the following criteria:

• ACRA registered company who does not hold an Elevate account at point of application
• Apply and activate account between 1 June to 31 July 2023 (both dates inclusive), and make at least $2,000 in total in 30 days from the date of account activation.
• Basic Account must be in good standing to be eligible for participation in this promotion.
• Director of the applicant company must be above 21 years old.

3. You will be entitled to $200 cashback for a total of S$2,000 of purchases of eligible goods and services made on your account (which shall include both spending by you and your accounts) once you fulfill the campaign criteria. The cashback will be transferred to your provided UEN/bank account via redemption request from the mobile app, and only if the minimum amount due from the previous statement has been paid. Note that the payout will be credited within 30 days from the redemption request date.

4. The cashback offer cannot be used in conjunction with other promotional offers (e.g. Nespresso offer, cash reward offer). Eligible customers need to maintain a valid Elevate account(s) when the offer is granted to the customer. 

5. Funding Societies reserves the right to add, delete or vary the shared contents prior to releasing the final version.

6. Approval on the eligibility will be under Funding Societies sole discretion.

7. By participating in this Campaign, the Eligible Participants hereby expressly agree to be bound by these Terms & Conditions and any decisions made by Funding Societies in respect of the Campaign shall be final and binding.