To Apply For A Loan From A Money Lender in Singapore

Submit your details and get your loan quote instantly
Look at some of the attractive & flexible loan plans provided by legal money lenders to our previous customers:
Loan Type | Personal Loan | Business Loan | Micro Loan (Short-Term) | Debt Consolidation Loan | Credit Cards Consolidation Loan | Renovation Loan | Medical Loan | Private Hire/Taxi Loan |
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Amount | $4000 | $30000 | $1000 | $15000 | $10000 | $20000 | $6000 | $3000 |
Month(s) | 8 | 12 | 3 | 12 | 12 | 12 | 8 | 6 |
Per Installment | $592.07 | $3,181.13 | $359.78 | $1,590.56 | $1,060.38 | $2,120.75 | $888.1 | $570.73 |
About FR Capital
FR Capital lets loan seekers search and compare loans from licensed money lenders in Singapore. Free to use for a limited time, our platform brings you some of the best loan rates from legal and SG-registered money lenders. In a nutshell, FR Capital compiles the interest rates, processing fees, and other important information about loans from various licensed money lenders in the Singapore market for you to compare and make an informed decision that best addresses your needs. We make it hassle-free for FR Capital users to find for themselves the right moneylender. As we do not receive any monetary exchange from any licensed money lender in Singapore, we remain completely unbiased in our results.
Our goal is to help you simplify your search. We hunt and search for the best-licensed money lender for you. With our variety of loan providers, we can provide a more diverse range of loans for our users. These include anything from personal and credit card loans to debt consolidation loans. Do note that when you use our site to compare loans, we will provide you results from both financial institutions like banks and licensed money lenders.
Since these legal money lenders are legitimate and highly-reviewed loan providers in Singapore, verified by our team of loan experts, you can trust that all results provided for your comparison are as straightforward as they can be. There are no hidden fees or gimmicks. However, money lender quotes received are not finalized, as users will have to make an appointment to visit the moneylender for credit assessments to get an accurate quote.
Things you should know on borrowing
Sample representation of personal loan with maximum rates
* Period is from a minimum period of 2 months to a maximum period of 12 months.
** Interest Rate may change up to a maximum of 4% per month, depending on loan amount and period of repayment.
*** Total Cost Payable excludes administrative fee. The cost stated is an estimate and may vary due to loan amount, period of the loan, and other expenses such as late fee and late interest rate may be charged in violation of terms & conditions.
Above mentioned example is based on estimation and for illustrative purposes only. Do get a more precise illustration with the respective licensed moneylender(s) as the final loan amount and repayment terms may vary. Penalty fees such as late fees and/or late interest rates may be charged in the event of a violation of terms & conditions as stated on the contract.
How to find a licensed money lender near me?
You can use our platform to find a legal loan provider near your residential location or business address easily via our locations tab!
What are the things to consider?
- You must be between 18 and 65, self-employed or full-time employees, who contribute to your CCF each month.
- Collect the documentation that may be required for you to apply for your personal loans in Singapore;
- For Singaporean and PR:
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- 1. Proof of identity; NRIC
- 2. Sing Pass login credentials to check your monthly CPF contributions and NOA.
- 3. Latest three months income proof (for self-employed).
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- For Foreign worker:
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- 1. Proof of employment; work permit, employment contract, S or E pass, and Passport.
- 2. Proof of residency, tenancy contract, or a bill addressed to the applicant.
- 3. Latest three months pay-slips
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- Consider the repayment duration of a personal loan. The licensed money lender in Singapore will suggest primarily based on your monthly income and how high an interest rate you can avail. That said, you are advised to clear the loan as soon as possible, in the interest of your investments.
- Considering most personal loans are unsecured, you do not have to put any collateral as a security mechanism, but it usually means higher interest rates than secured loans.
- Compare interest rates and charges; compare them both. Licensed money lenders in Singapore will have a higher approval rate but a higher interest rate and processing fee.
- Inquire about late payment fees. Not all licensed moneylenders charge the same. If you fail to pay your loan in time, late payment fees may rise very expensive and increase your debt significantly.
- Choose your money lender wisely. If you want to take on a loan from a licensed loan provider in Singapore, make sure they are licensed. You can cross-check their license number and company name through the Ministry of Law – Registry of Moneylenders or here. The list is updated regularly to include those who have been recently suspended.
No matter how ingeniously we plan, there can be times when a financial emergency hits. Those are the times when a fast cash loan can save the day & make you more comfortable.
What is a fast cash loan?
Persons may issue a quick cash loan with emergency or unforeseen financial obligations such as a large, looming utility bill or medical bill. It is a practical financing option, particularly for individuals with poor credit history who will tend to be turned away by most lending institutions.
Fast cash loan features
The name already highlights a very salient feature – it is fast: a fast application process and a quick response. Just complete the application form at our office, and the application will be processed instantly by our experts.
The fast cash loans of Singapore can be paid out instantly upon loan approval – No longer weeks waiting to get the money you now need.
Why take out a fast cash loan with us?
– Straightforward application process
We understand that you cannot afford to waste time waiting for your fast cash loan application to be approved when you have urgent financial matters hanging over you like a dark cloud. Just fill out our application form request form, and we will go back to you with a decision on your loan qualification within two (2) working days from the date of application.
– A quick and convenient access to your loan money
Loans can be disbursed quickly in the form of cash upon loan approval. There’s no waiting for cheques to be cleared and no waiting for funds to be transferred into your bank account.
Qualification & how to apply for a fast cash loan with us
APPLICANT | REQUIREMENTS |
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GENERAL ELIGIBILITY (APPLICABLE TO ALL APPLICANTS) | – Must be at least 21 years old – Must be a citizen or permanent resident of Singapore – Should be employed, or have a recurrent stream of income |
INDIVIDUALS RECEIVING SALARY OR/AND COMMISSION | Documents to prepare: – NRIC – Bank statements for the last 3 months – Latest payslip |
SELF-EMPLOYED | Documents to prepare: – NRIC – Bank statements for the last 3 months – Income Tax Notice of Assessment for the last 2 years – Latest ACRA business profile – Financial statements of the company for the last 6 months. |

Things to think about when taking a personal loan in Singapore
It is advisable to know how much money you need before you visit a money lender in Singapore. We also suggest only sourcing for loans that you require, nothing more. As loans become a personal responsibility, it would be a financial burden if you take up a loan more extensive than what you’re comfortable repaying.
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About FR Capital
FR Capital is a Singapore consultancy firm that helps SMEs to secure business loans from banks and financial institutions. We concentrate on SME finance, and through our expertise and network, we help clients secure funding with low-interest rates efficiently and hassle-free.