Supercharge your company.
Extra Business Financing
Temporary Bridging Loans.
We work with the following lenders
Temporary Bridging Loan
The Temporary Bridging Loan is an initiative between the Singapore Government to help SME’s and Businesses in Singapore. This product is for businesses that have been registered in Singapore and are operating with at least 30% Singaporean or Permanent Resident shareholding.
The Temporary Bridging Loan can stretch up to 5 years. The interest rate is largely similar to the Working Capital Loan at 3%
The application process is quick and easy, documentation required includes 6 months bank statements and financials of the company as well as identification copies of the guarantors.
The loan can also be paid off at any time and the interest recalculated to the day of payment. This means that business owners who are looking for financing for projects can pay off the loan when the project has been completed.
Types Of Government Assisted Funding
Temporary Bridging Loans
The Temporary Bridging Loan is an initiative between the Singapore Government to help SME’s and Businesses in Singapore. This product is for businesses that have been registered in Singapore and are operating with at least 30% Singaporean or Permanent Resident shareholding.Free Enquiry
Working Capital Loans
The SME Working Capital Loan (“WCL”) is an increase over the SME Micro Loan. As the Micro Loan is capped at S$100,000, the working capital loan allows businesses to access cheaper capital over the S$100,000 limit. As the risk is shared between the bank and the government, this allows lenders greater security to grant loans to growing businesses in Singapore.Free Enquiry
SME Micro Loans
The SME Micro Loan (“ML”) is usually the first loan offered to businesses. As the Micro Loan is capped at S$100,000, the working capital loan allows businesses to access cheaper capital over the S$100,000 limit. The risk is shared between the bank and the government, with the Singapore Government absorbing 90% of the risk. This allows SMEs to find support in business loans from the banksFree Enquiry
Increased Loan Amount And Approval Success
With Equity’s Pre-Assessment Process.
Did you know there there are many different criteria and each bank has its own set of requirements. Often than not, a previously rejected application hurts your chances for future applications.
Here at Equity, we maximise your approval chances for the loan or even an increased loan amount.
What Can Business Loans Be Used For
Business Loans can be used for for additional cashflow, for business expansion or just for an extra boost of working capital.
Funds are directly disbursed into your corporate bank account and the instalment is deducted on a monthly basis.
The following loans also have no early repayment penalty – Temporary Bridging Loan, Working Capital Loan, Micro Loan. This means that you are able to pay off your loan at any point of time and the interest will be pro-rated.
For example, if your original loan tenure was 48 months, but if pay off your loan in 18 months, you only pay 18 months interest.
To get a pre-assessment on your loan eligibility, reach out to our relationship managers by clicking here.
Obtain Business Financing From Banks From Equity
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Higher Loan Amounts
Equity Capital will be able to get the maximum amount of loan for you up to S$5mil from the different banks in Singapore. Our relationship managers will be able to assess your application to submit the best documentation required for the application
Greater Approval Chances
If you have previously been unsuccessful on your own. Our Relationship Managers will be able to resubmit through us for a higher approval. This is because we’re very familiar with the bank criteria and will be able to submit it correctly.
Quick And Responsive
Our relationship managers will respond to you within 24 hours and are available 7 days a week for an update on your application or any corporate requests from you.
Faster Application Times
We work immediately as soon as we receive your documentation. We submit the application directly to our bankers for a faster response time and processing speed.
How long will it take to apply?
It takes approximately 10 – 12 working days for an application to be approved
How long before I can receive the money?
Disbursement takes an additional 7 – 10 working days depending if you have an existing corporate account with the approving bank
What is the amount of business financing I can achieve?
The financing loan amount is depending on your bank balances, incoming and outgoing transactions and other financial transactions. Our specialists can assist for you free assessment for your loan amount
Which bank will I apply to?
Each bank has a different set of risk criteria and each company different. Upon receipt of your documentation we’ll be able to perform a free assessment to tell you which bank you’re suitable for,
What is the criteria for application?
Basic criteria for an application is an existing company incorporated in Singapore with at least 30% local or PR shareholding and a active corporate bank account
Equity is a online business financing resource in Singapore. We provide free and easily accessible information on business loans in Singapore. We have extensive experience structuring both bespoke and turnkey financing solutions for both Singapore and companies overseas. Let us find you a financing solution quickly, easily and at a low cost.
What is the Criteria to obtain Temporary Bridging Loans in Singapore?
Temporary Bridging Loans, often than not, the business owner is an expert in all things related to his business. However, when it comes to financing, SME’s are unfamiliar navigating the different criteria and other requirements that the banks require.
Equity Capital Solutions Can help cut through the red tape quickly and easily . With our experienced loan specialists , the application is quick and simple and we do all the work between you and the banks. Upon an enquiry, we usually respond within 3-4 hours, so you can obtain financing quickly and easily.
The Advantage of using Equity Capital Services
Equity Capital Solutions Can help apply for a business loan for you with all banks in Singapore. With our qualified specialists , the application is quick and simple and we do all the work between you and the banks. Upon an enquiry, we usually respond within 3-4 hours, so you can obtain financing quickly and easily.
How It Works
- Make a Free Enquiry.
- An Equity financing specialist will reach out to you for some simple details.
- We work together with you for the documentation.
- You relax and we do the heavy lifting for you.
- We contact you when its approved for signing down the loan.