SME Business loans Singapore Made Easy with OT Credit
The ultimate way to be wealthy is to do business. However, it is not easy to start one, and among the important considerations that you have to take in mind is where to get the money to finance your business needs. In more ways than one, SME Business loans Singapore could be a great help for entrepreneurs and would-be entrepreneurs when it comes to financing their businesses.
No Waiting Time
When you apply for SME Business loans Singapore with OT Credit, there is no need to wait for weeks to get the money for your business. You can get it in as fast as 24 hours up to 72 hours upon submission of the required documents. Our payments terms are fixed and you can choose whether to pay weekly, bi-weekly, or monthly via GIRO or bank transfer. We will customise it based on your cash flow. We won’t force you to pay within months because we understand that you need to stabilise your business. The repayment terms can be extended up to one year.No Collateral Required
OT Credit’s business loan is designed to help boost your business. As long as you can show capacity of payment during the loan period, your loan application will be approved.
Personalised Plan for Your Business
OT Credit offers SME Business loans up to $200,000 but since we specialise in personalised service, we underwrite each application individually. This means that we offer you the amount and payment terms that can best support your business needs.
Where to Use the Funds
You are allowed to use the proceeds for any legitimate business purpose. The proceeds can be used to finance purchase of equipment, research and development, salaries for your staff, or as payment for suppliers.
Applying for SME Business loans
Fill out THIS FORM if you are interested in getting SME Business loans Singapore. No need to worry about bad credit history. We do not look at it in approving your loan. As long as you have an income to support payment of your loan, you are one step closer to getting the funding that you need.
After submission of the online application form, prepare your financial documents. If your business is already existing, prepare your income statement and balance sheets so we can evaluate it. In case you are just starting out, show proof of income at least for the last three months.
OT Credit is here to support you in running your business. In case you are hesitant, give us a call and we will help you understand how a business loan can help you grow your business. Apply now and as soon as we receive your application, we will call you so we can talk about your needs.
Benefits of Applying SME Business loans with OT Credit
- Regular payment schedule catered to your business capabilities
- Customised terms for repayment
- Flexible repayment terms that can be extended up to one year
- No hassle repayment. Payments will be deducted via GIRO or bank transfer
- Bad Credit history does not matter
- Loan proceeds can be used for any legitimate business purposes
Requirements for SME Business loans Singapore
- Business must be registered in Singapore
- Business profile ( ACRA )
- Tenancy agreement
- 3 months Company Bank account statement
- Financial statement
- Income tax notice of assessment, if any
To apply, simply fill out the online application form and wait for our call. While waiting, prepare the necessary income documents. What are you waiting for? Send the online form now or give us a call at this number.