Our unsecured loan offer has an interest rate range from 1% - 4% per month. An origination fee between 3% - 7% is applied in addition.

There is no early repayment fee. Your offer is dependent upon the outcome of the underwriting assessment.

A Micro Loan operates by providing small-scale financial assistance to businesses, typically with relatively low loan amounts. These loans are often easier to qualify for than traditional bank loans and come with simplified application and approval processes. 

Borrowers receive a specific sum, which they must repay with interest over a predetermined period, usually in regular instalments. Micro Loans are commonly used for various purposes, including covering business expenses, purchasing equipment, or addressing SMEs other financial needs to grow their business, making it a valuable resource for those who require modest amounts of funding.
 

Your business will need to fulfil the following:

- Singapore registered business entities including sole-proprietors
- 6 months minimum operating history
- Minimum 30% local shareholding

In order to process an application quickly and efficiently, please provide the following documentation in your loan application:

- Latest 6 months business bank statement with a cutoff date being 10th of the month. For example, if an application is made on the 10th of the month onwards, you will require last month’s bank statement.
- Credit Bureau report for Guarantors (30 days validity)
- Latest 2 years Notice of Assessment for Guarantors
- An image of the front and the back of your NRIC card.
 

We do not offer personal loans currently.