Small Business Loans
Unlock the funding to grow your business
Our service is refined for being effective and customized to your business’s needs.
We are a number oriented team of experts with >30 years of combined experience in the banking sector. We are here to offer you the best knowledge for your SMEs success. We’ll guide your business to the offer that will give the boost you’re looking for.
a confident step to success
We know it’s not about the quantity of lenders but the quality of your documents and the study of the lenders to see what is best for your business.
We dive into your company to evaluate in which state of development it is in and the direction it is going, so we can provide the right loan with the best opportunity.
>60 banks and financial institutions to fit your needs.
Close to 95%
of approval rate
for all our clients.
of combined experience in the financing market.
Personalized guidance on how to get the right loan
Up to $500k Working Capital Loan funding
Our experiences in the financing market have led us to great relationships with our partners. This variety of partners lets us have a wide range of financing options that fits with our clients needs.
What loan is right for you?
Temporary Bridging Loan
The Temporary Bridging Loan Programme is a government assisted financing scheme introduced in Budget 2020 to provide working capital of up to $1 million SGD to help local SMEs affected by Covid-19. Enterprise Singapore partners up to 19 financial institutions with 70% of risk sharing arrangements. Although Temporary Bridging Loan is supported by Enterprise Singapore, each financial institution has a different credit assessment and interest rate package.
ThinkSME understands each SME has a different financial profile. That’s why we personalize our services to provide you with comparisons across these 19 financial institutions and ensure approval rate is high before submitting your application.
This way we can achieve the best results that go above and beyond expectations.
Working Capital Loan
The SME Working Capital Loan (WCL) is a government assisted financing loan under the Enterprise Financing Scheme (EFS-WCL). The WCL is meant to help SMEs finance operational cashflow needs. SMEs can access up to $500K from October 2022 to March 2023.Risk sharing between lenders and enterprise Singapore is at 50%.
ThinkSME assists in comparing the best WCL that meets working capital requirements and business expansion.We have a strong network with 19 financial institutions which offer various loans and ensure you have high chances to get approval.
It’s a stable, flexible way to get more working capital to grow your business and build your credit. If you’re looking for other SME financing solutions, ThinkSME can support you.
The simple definition of a mortgage is a type of loan you can use to buy or refinancing a property. Mortgages are also referred to as “mortgage loans.” Mortgages are a way to buy a property without having all the cash upfront.
ThinkSME will provide you a free comparison of services across 20 different financial institutions to help you find the best mortgage in Singapore.
Customized revolving trade solutions depend on each businesses modus operandi to ensure working capital gaps are bridged. Trade facilitation such as Letter of Credit (LC) and Invoice Financing enables SMEs to fund their purchase of goods, helping them to collect their goods earlier and faster.
Trade Facility is particularly popular among traders who are looking to leverage additional banking limits to bridge their financing gap and facilitate overseas trading. Manufacturing, building & construction firms will also find Trade Facility very useful for purchasing of raw materials and subcontractor payments.
Letter of Credit
Letter of Credit (or LC) is a commonly used trade finance instrument used to ensure that the payment of goods and services will be fulfilled between a buyer and a seller. Both parties use an intermediary, namely a bank or financier, to issue a Letter of Credit and legally guarantee that the goods or services received will be paid for.
Invoice Financing provides businesses with working capital to improve immediate cash flow, pay employees and suppliers, and reinvest in operations and growth earlier than they could otherwise if they had to wait until their customers paid their invoices in full.
Documents Collection is a procedure that allows a seller to give their bank instructions to forward trade-related documents to the bank of the buyer. The documents are availed to the buyer once they've made and finalized payment. The process is normally termed “Documents against payment and Documents against acceptance.”
Factoring enables businesses to get advance cash from long repayment and credit terms from reputable buyers. Typical profiles of these buyers are usually government agencies, sizable SMEs and large MNCs; thus they’re able to extend longer than usual credit terms.
Supply Chain Financing
Supply chain finance, also known as supplier finance or reverse factoring, is a set of solutions that optimizes cash flow by allowing businesses to lengthen their payment terms to their suppliers while providing the option for their large and SME suppliers to get paid early.
Crowd Funding & Peer to Peer Lending
The terms “Crowdfunding” and “Peer-to-Peer Lending” often get confused as one and the same — and there’s a good reason for that. Both involve groups of people providing financial assistance in support of entrepreneurship, usually small business ownership. But peer-to-peer lending is actually a subset of crowdfunding, and the terms shouldn’t be used interchangeably. Why? Because these two business loan alternatives offer different advantages and disadvantages, depending on your business type and goals.
Private Financing & Licensed Money Lending
Private financing is a term used to describe a loan that is given to an individual or company by a private organization or even a wealthy individual. The organization or the individual is known as a private funder.
The cost of borrowing is typically higher for private financing or MAS regulated licensed lending; reason being the risk of borrowing and cost of funding is higher as compared to bank loans.
We have the expertise and the team to make this process as easy and effective as possible.
Every business is unique, we will give you a unique set of tools to achieve your goals.
Team of over 30+ years of combined experience working to assemble the best tools for your business
Our specialized proposal of different financial entities to get loans from
Our guidance to put your business in the best shape to obtain the loan
Let's see how we can help you
Support on finding the right financial institution for your business
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We are here to
help you succeed
Our team of experienced consultants is on hand to discuss your goals for growth, and how we can help you achieve them.
(+65) 6012 9642
Singapore – Headquarter
28 Genting Lane,
Platinum 28, #04-08
Suite 25.03A, Level 25, City Square Office Tower,
80000 Johor Bahru, Malaysia
9/F Fillinvest One Building Northgate Cyberzone,
Muntinlupa City 1781, Philippines
559/A Aman Nagar, Mirjapur Road,
Hirsar 125001, Haryana, India