Revolving Credit Line

A revolving credit line loan or business credit line is a flexible credit arrangement that gives you access to a set amount of money. This credit can be used repeatedly up to a specified limit. Unlike conventional loans, a revolving credit line lets you draw and repay as your business needs evolve. This offers more flexibility and control over your finances. Our Revolving Credit Line has a tenor of up to 12 months and can be renewed every year.

Fulfilled by FS Capital Pte. Ltd.

• Credit Limit: Once a SME’s revolving credit line is approved, a specific credit limit is set. This limit is based on various factors such as the company’s credit history, financial stability, cash flow, and overall creditworthiness.

• Access to Funds: Funds can be accessed through our user-friendly self-service portal.

• Flexible Interest Servicing & Repayment Options: Instead of fixed minimum payments,  a Revolving Credit Line offers greater control over cash flow and interest costs. You can choose to: 

  • Pay only the monthly interest (currently calculated at 1.5% for the first 12 months): This keeps your account in good standing while minimising immediate cash outflow.

  • Make larger payments: Reduce your outstanding balance and interest costs faster, saving you money in the long run.

  • Settle the entire balance at once: Eliminate any further interest charges.

• Remember, flexible repayment options come with the responsibility to manage your debt wisely. Consider your cash flow and financial goals when choosing a repayment strategy.  Paying more than the minimum can significantly reduce overall interest costs and positively influence your credit score.

An annual facility fee will be charged based on your approved limit.
As of now, we will be waiving all drawdown fees.