Term Loans

Scale Up

with Term Loans for your business

  • Financing between $50,000 and $300k SGD

  • Interest rates as low as 1.2% per month¹

  • No collateral required

  • No lock-in period

Apply now

Am I eligible for Term Loans?

  • Singapore registered business
  • Minimum 30% shareholding by a Singaporean Citizen or Permanent Resident Director
  • 2 year minimum operating history
  • Minimum annual turnover of $300,000 SGD

Why choose Term Loans from Funding Societies:

No Collateral Financing

We focus on your business potential and want to help you grow.

Full Transparency

We will inform you of the costs and fees involved upfront, with no hidden fees for you to worry about. See our FAQs at the bottom for more information.

Quick Application

We have an online application that saves you the hassle of having to leave the comfort of home, or work.

Flexible Repayment Options

Repayment tenure up to 12 months, with multiple repayment options.

How to apply?

Sign up as a borrower

We will require different documents during the loan application process. Please view the FAQ section below for more detailed information.

Review your offer

Upon reviewing your application, we will get in touch with about your potential financing options. If you are happy, simply accept the offer and move to the next steps.

Contract and Disbursement

Once you receive the contract, send it back to us signed and sealed. We will disburse your funds within 48 hours² of receiving your signed contract.

We've got you covered

Not what you’re looking for?
We have other financing solutions available to serve your needs.

Check out our other SME loan offerings

100% committed to supporting SMEs 

100% focused on SMEs’ financial needs

100% stronger together

Frequently asked questions

Term loans, also known as term financing, are unsecured loan products that allow SMEs to break down repayments into monthly instalments. With term loans you can get a working capital loan between $50,000 and $300k SGD with interest rates as low as 1.2% per month.

  • 2 years financial statements
  • Latest 6 months bank statements
  • Director(s) and Shareholder(s) NRIC or Passport, 2 year NOA, CBS report


Additional documents may be required. This is determined on a case by case basis. Our team will reach out to you once your application is received.

Our business term loans begin as low as 1.2% per month. This amount is subject to the assessment from our team based on your loan application.

The following fees and charges can apply:

  • Origination fee: 4% - 7% of the agreed loan amount

Early repayment and late fee's are determined on a case by case basis with your relationship manager.

Updated date as of 27th September 2021

For additional products offerings from Funding Societies, please refer to https://fundingsocieties.com/sme-loans