When it comes to business loans, (3) factors matter most to you: the maximum amount you can acquire, the interest rates, & cash disbursement speed.
Given that there are over twenty (20) private lenders, non-bank financial institutions, and peer-to-peer (P2P) lenders in Singapore, you’re unlikely to get the most suitable loan offer unless you apply individually with each lender.
The criteria they use to evaluate creditworthiness may be the same. But each lender places a distinct emphasis on each factor. Furthermore, their risk appetites vary too.
This is why two (2) lenders’ loan bids can be as low as $100,000, while interest rates are as high as 12% annually!
At Finitude, we’re a company loan platform specialized in helping your business find the best loans – with just a straightforward application form.