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 Business Term Loans?

  • Singapore registered business
  • Minimum 30% shareholding by a Singaporean Citizen or Permanent Resident Director
  • > 1 year operating history
  • Annual turnover of > SGD $500,000

Why choose Business Term Loans from Funding Societies:

No Collateral Required

No risk to your personal assets

Quick Application

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

How to apply?

Apply Here!

Our team will contact you for more information upon your application.

Review your offer

Upon reviewing your document submission, we will issue you the Letter of Offer. If you are agreeable, simply sign off the offer.

Contract and Disbursement

Upon receiving your signed Letter of offer, we will disburse your funds to your account in as fast as 48 hours.

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.

Unfortunately, only Singapore-registered Pte Ltd and LLP companies are eligible for Business Term Loans.

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.