Licensed Money Lender Personal Loan Clementi

The ever-changing landscape of Clementi’s wonderful residential and academic community blends modern architecture and traditional landmarks. 

Often considered to be Singapore’s response to England’s Cambridge, Clementi is home to some of the country’s reputable schools which make it a great address for families. Being surrounded by thriving estates like Jurong and Queenstown, Clementi draws an influx of younger residents and working professionals alike.

West Coast Park and Clementi Woods Park lend a serene experience to being close to nature while also living in what is seen as a thriving business hotspot. With the conveniences of plenty of amenities and great accessibility, current and future residents of Clementi can foresee an even more attractive neighbourhood with an increasing value for work, education, recreation, and fantastic business ideas.

If you’re near Clementi and need fast cash financing to take your business venture further, Raffles Credit’s SME Business Loan is the smart way to cash up safely. 

What Is A SME Business Loan? 

SME businesses are the backbone of our society. In order to keep these smaller companies running, lenders need a way in which they can provide financial assistance when needed; that’s why there is an option for loans specifically designated as “SME Business Loans.”

With our business loan, SME businesses that have been around for a minimum of one year can get up to $200k in financing without the risks of any collateral. This is ideal if you’re looking for solutions during the most unpredictable times or are expanding your company’s workforce and infrastructure.

Advantages Of Taking A Business Loan With Money Lenders

Aside from the more lenient guidelines and fair interest rates compared to banks, here are the advantages of taking a loan with Raffles Credit:

• Quick Approval and Fast Cash Disbursement. Unlike banks, our simpler eligibility criteria and easy-to-obtain requirements will allow borrowers to qualify for the loan quickly. Once all the loan terms are agreed upon, you’ll conveniently receive your cash within the day or next.

• Unsecured Loans. Generally, our loan can grant up to $200,000 without requiring any collateral. 

• Affordable Interest Rates. Our interest rates range from 5% – 15% unlike with banks where interest charges and other fees are always changing.

• Flexible Loan Terms. Licensed money lenders offer flexible loan packages with terms that are tailored to the borrower’s unique financial situation.
• Legal and Regulated Financial Solutions. Responsible lenders like Raffles Credit are lawfully authorized and follow the rules imposed by the Ministry of Law. To verify if your preferred lender is licensed, check the Registry of Moneylenders, Ministry of Law. 

How to Apply for a SME Business Loan?

Eligibility:

• Borrower’s business must be registered in Singapore
• Business must be operational for at least one (1) year
• Annual business turnover must be at least $60,000

Requirements:

• All directors and partners NRIC
• Recent information report (Business Profile) from the Accounting & Corporate Regulatory Authority (ACRA)
• Recent Income tax assessment notice (both personal & from the company)
• Recent financial statements, invoices or business contracts, utility bills under the company name
• Recent 6-month bank statements
• List of assets owned by the company, directors & partners (if any)
• Office/shop tenancy agreement (if any)
  

3 Easy Steps

Step 1: Send us a filled-out form online, wherever you are, and immediately receive a confirmed appointment for your visit at our office. 

Step 2: At our office, our friendly loan officers will discuss with you about your customised loan plan in detail to make sure you get the exact financing that you need. 

Step 3: Once your loan plan is finalised, agreed upon, and signed, you will receive your cash in no time.

How Can Raffles Credit Help You?

No matter the industry and your enterprising aspirations, your business should never be undervalued. Raffles Credit empowers your business to achieve your financial balance through our safe and reliable SME loan plans with the lightest interest rates possible.

Let us help you jumpstart your business plans. Raffles Credit is the most trustworthy Singapore licensed money lender. Why take the traditional and time-consuming route when you can choose the smarter financing solution? If you are in need of financial help, Clementi Personal Loan can always help you out! Talk to us today.