Top 10 Best Business Funding Companies in Singapore
Singapore is a great place to do business. It has a thriving economy and a pro-business environment. But starting or expanding a business can be expensive. That’s where business funding companies come in. These companies can provide the money you need to get your business off the ground or expand it. There are many business funding companies in Singapore, but not all of them are equally good. So how do you choose the right one for your business?
Table of Contents
#1 – Linkflow Capital Pte Ltd
Introduction: Linkflow Capital Pte Ltd is a Singapore consultancy firm that assists SMEs to secure business loans from banks and financial institutions. Incorporated since 2012, They specialize in SME finance, and through their expertise and extensive network, they help clients secure funding with low-interest rates efficiently and hassle-free.
Type of Services:
- Lower Interest Costs: They will help you compare and secure the current lowest available rates via our wide network of banks and financial institutions. Don’t pay higher interest.
- Secure Funding Faster: They help your company secure financing fast! Reduce SME loan application processing time by 3-5 working days.
- Higher Finance Amount: Secure larger financing & a higher loan amount. Procure up to $1M or more unsecured business loans in Singapore across multiple banks.
- Higher Approval Rate: improve your approval chances. They are familiar with the credit criteria of most banks, with a solid track record of >80% approval rate for SME loan applications.
- Hassle-Free Approach: Leave the tedious SME loan application process to their specialists while you focus resources on your core business.
- Risk-Free Process: No upfront fees, no fees apply if we’re not able to secure financing for your company. Performance guarantee, pay only for results!
Location: 150 South Bridge Road #02-10A Singapore 058727
Contact: +65 6589 8119
Email Address: info@linkflow.com.sg
Website: Website Link Here
#2 – Lendingpot.sg
Introduction: Lendingpot’s mission is to revolutionalize the way businesses apply for financial products such that they get the best outcomes in approvals and pricing
They aim to create a platform where financial service providers can compete to provide the best financial solutions to SMEs. They measure their performance based on 3 metrics: Cost-effectiveness, Speed and efficiency, Top-in-class advisory
Type of Services:
- Business Term Loan: The most versatile loan for all your business needs. Get up to 6x your monthly cash flow. Repay monthly.
- Invoice Financing: Unlock trapped cash in your receivables
- Property-Backed Loan: Up to 80% LTV for a new purchase, refinancing, or equity cash-out. Options to pay interest only.
- Revenue-Based Financing: Similar to a business term loan but repay based on a % of your revenue.
- Line of Credit: Get a standby credit facility for urgent use, and pay interest only when you utilize
- Business Cards: Benefit from rewards and get access to up to 50 days of free credit.
- Start-up Loan: Get a personal loan for your start-up to 6x of your monthly income. Get more when you include a guarantor.
Location: #09-02A SingPost Centre Singapore, Singapore 408600
Contact: +658774 9895
Email Address: ask@lendingpot.sg
Website: Website Link Here
#3 – ICS Funding Pte Ltd
Introduction: ICS Funding is offering business financing solutions. Many types of business loans are available. Discover new opportunities every day. Get finance assistance. Get Active. Get Vibrant.
Type of Services:
- Business Term Loan
- Line of Credit
- Business Overdraft
- Commercial Rate
- Project Financing
- Equipment Finance
- Enterprise Program
- QuickBiz Loan
Location: 2 Kallang Avenue #05-06 CT Hub Singapore 339407
Contact: +65 8292 2088
Email Address: enquiry@icsfunding.com.sg
Website: Website Link Here
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#4 -IFS Capital Limited
Introduction:
IFS Capital Limited (“IFS”) provides commercial finance services like factoring, hire-purchase/leasing, loans, government-assisted schemes, and trade/export finance, to small and medium-sized enterprises (“SMEs”) regionally.
IFS was incorporated in Singapore in 1987 and has been listed on the Mainboard of the Singapore Exchange (SGX) since July 1993.
Type of Services:
- Supply Chain Financing: Supply chain financing is a financing method initiated by an Anchor Buyer to help its Suppliers to finance their invoices, which otherwise may be challenging under normal lending criteria. This financing is made available to all suppliers for approved invoices and can be drawn when required.
- Factoring and Invoice Financing: invoice Financing or Factoring is a cash flow solution that allows an SME to sell its receivables (invoices) to financial institutions like IFS Capital and receive early payment. This financing solution is useful for SMEs with recurring sales and receivables who are unable or do not want to wait for the standard 30 – 60 days payment terms to receive payment.
- SME Working Capital Loans: Working Capital Loans or Term Loans are unsecured loans (i.e. not backed by any assets) provided to SMEs in a lump sum, with fixed equal monthly repayment and no usage restriction. Business owners are able to tap on the fresh fund from this facility for their immediate expenses such as marketing, purchase of inventory, expansion, or seasonal opportunities.
- Government-Assisted Loans: IFS Capital is one of the Participating Financial Institutions (PFIs) for Enterprise Singapore’s (ESG) Enterprise-Financing Schemes. They provide the following government-assisted loans: Enterprise Financing Scheme – SME Working Capital Loan (EFS-WCL) and; Temporary Bridging Loan Program (TBLP)Enterprise Financing Scheme – Trade (EFS-Trade)
- Consumer Loans: Their consumer loans are provided by our 100%-owned subsidiary, Friday Finance, also known as IFS Consumer Services Private Limited.IFS Capital was one of the six firms issued a new moneylending license in December 2018 for pioneering new business models that better protect borrowers. Friday Finance focuses on financial wellness and affordable, transparent pricing.
Location: 10 Eunos Road 8#09-04 Singapore Post Centre Singapore 408600
Contact: +65 6270 7711
Email Address: info@ifscapital.com.sg
Website: Website Link Here
#5 – Funding Societies Pte Ltd
Introduction: Launched in 2015, Its mission is to uplift societies in Southeast Asia by creating financial opportunities for everyone. As SMEs are the backbone of their economies, they are committed to solving the SME financing gap in the region, while providing a convenient and short-term fixed-income investment option to individuals and institutions.
Type of Services:
- Elevate Virtual Card: Managing business expenses has never been easier with this all-new Expense Card for Growing Businesses.
- Micro Loan: Fast loans with approval within 24 hours¹. Suitable for small businesses that need urgent financing
- Term Loan: Funds tailored for working capital, business expansion, and more. Larger financing amounts are available.
Location: 112 Robinson Road Level 8 Singapore 068902
Contact: +65 6221 0958
Email Address: info@fundingsocieties.com
Website: Website Link Here
#6 – Bizsquare Management Consultants
Introduction:
Simply stop the stress and frustration by working with a professional business loan consultancy company who have helped over 3,000 business owners in the last 8 years to obtain a business loan that they couldn’t achieve themselves.
Many of them have also listened to Bizsquare’s advice and have since grown their business to new heights.
They take your business to a whole new level with their conversion-focused strategies.
Bizsquare started in 2013 and has applied over 10,000 loan applications for over 3,000 business owners over the last 8 years. After experiencing so much, they understand exactly what it takes for you to get there.
They are the EXPERTS, they will use what has proven to convert, and instead of you telling them what to do…
They will tell you what to do.
Type of Services:
- TEMPORARY BRIDGING LOAN: Government funding initiatives to help the company overcome covid-19. SMEs can get a loan of up to $3 million at a very attractive interest rate starting from 2.5% per annum.
- PROPERTY LOAN: Save money on your monthly installments through mortgage plans with low and competitive interest rates and by refinancing to plans with lower interest rates.
- TRADE FACILITIES: Credit insurance scheme, premiums partially supported by Government. For short-term trade finance needs such as inventory/ stock financing.
- PRIVATE FINANCING: Each private financing option individually tailored criteria to your needs so you might find it much more flexible compared to traditional bank lending.
Location: 62 Ubi Road 1, Oxley Bizhub 2 #08-06, Singapore 408734
Contact: +65 9183 4413
Email Address:admin@bizsquare.com.sg
Website: Website Link Here
Read Also:
Top 14 Best Car Parallel Importers in Singapore
#7 – Brilliant Bridge Funding Pte Ltd
Introduction: Brilliant Bridge Funding is a B2B financial services firm. They provide a range of loans for businesses based in Singapore. They ensure responsible, transparent, and quick services. They uphold themselves to high standards and believe the loan process is not just about disbursement but also about simplifying repayments.
Type of Services:
- Micro Term Loan: Up to $50k SGD, Tenor: 3 – 12 Months, Collateral Free.
- Invoice Financing: Up to 80% of the Invoice value,Tenor up to 90 Days,Finance only as much as you need
- Purchase Order Financing: Up to 60% Invoice Value, Tenor up to 90 Days, Expand Inventory for Seasonal Demand
Location: 7 Temasek Boulevard #12-07 Suntec Tower One Singapore 038987
Contact: +65 6681 6474
Email Address:brilliantbridgefunding@gmail.com
Website: Website Link Here
#8 – Cash In Asia Pte Ltd
Introduction: Cash In Asia Pte Ltd (CA) is a Singapore-based Business-to-Business (B2B) financing platform powered by AI and data analytics, that provides a one-stop solution for responsible, transparent, and flexible financing for micro, small and medium enterprises (MSMEs) in the Asia Pacific.
Type of Services:
- Fixed Payment: Business Cashline Solution for longer business needs. Repayment is done monthly, solving bigger cash flow needs, and sustainable growth of your company. Monthly interest at 1.7%-2%, Choose between 6 or 12 months tenor, No early repayment fees
- 3 minutes simple application
- as fast as 3 hours of credit approval
- as fast as 3 hours of fund disbursement
- Annual fees waived
- 100% digital application
- Pay for only what you use
Location: 20 Sin Ming Lane, Midview City #04-60, Singapore 573968
Contact: +65 6635 5668
Email Address:enquiry@cashinasia.com
Website: Website Link Here
#9 – Validus Capital
Introduction:
They’re building a world where small businesses can thrive and deliver a big impact. And They believe that making business finance better is key to building stronger businesses.
In a world where small businesses are empowered with easier, all-in-one finance solutions and connected to capital for growth, they’re creating a ripple effect that will uplift lives, enrich communities, and power sustainable growth for economies.
Type of Services:
- Business Account
- Working Capital Financing
- Expense Management
- Corporate Cards
- Invoice Financing
- Money Transfer
- Purchase Order Financing
Location: 6 Shenton Way, #17-09 OUE Downtown 2, Singapore 068809
Contact: +65 8306 6646
Email Address: info@validus.sg
Website: Website Link Here
#10 – Innov8
Introduction:
Established in 2010, Singtel Innov8 is the corporate venture capital fund of Singtel, Asia’s leading communications technology group. With an evergreen fund of US$350 million, Innov8 invests in and partners with start-ups with promising innovations and possible applications for Singtel Group’s diverse business needs.
By leveraging Singtel Group’s presence across 21 countries in Asia, Australia, and Africa with a total combined reach of over 770 million mobile customers and partnerships with local and global stakeholders, Innov8 helps start-ups grow and go beyond their home markets.
Innov8 also connects start-ups with Singtel Group operations and telecommunications partners worldwide via Innov8 Sparks.
Innov8 is managed by its own set of decision-making, approval, and investment processes.
Type of Services:
- Geographical Strategy: Innov8 is deeply rooted in innovation hotspots of the world for new ideas, technology, products, and services, with offices in Singapore, San Francisco, Tel Aviv, and Beijing.
- Investment Stage: Innov8 seeks opportunities for and invests in companies at all stages of development, from seed to early growth.
- Funding Size: Innov8’s ticket size for investments is guided by the level of strategic relevance to the Singtel Group and the maturity of the start-ups. Typically, the initial investment amounts range between US$1 million to US$5 million.
Location: 71 Ayer Rajah Crescent #02-22 Singapore 139951
Contact: +65 6838 4686
Website: Website Link Here
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