Licensed Moneylender Personal Loan Bukit Merah

Bukit Merah is a phrase that translates to “red hill”, referencing the red soil on its hills. Recommended places of visit include the Gillman Barracks, Silat Road Sikh Temple, and Everton Road Street Art. 

Interested in visiting? You may inquire with 1 Fullerton Credit for your fast cash loan needs on your travel plans.

What Is SME Business Loan and How it Works?

SME business loans are designed for small and medium-sized enterprises looking for the means to acquire capital. This loan is used for business expansion, improvement of cash flow, or to supplement funds for regular business expenses. 

The maximum loan amount for SME business loans is set at SGD 200,000.

Advantages of Taking SME Business Loan With a Moneylender

• Fast application and approval process

Compared with banks that have a maximum of several business weeks of business loan transactions, moneylenders provide approvals within 3 working days, and you may get your cash loan on the day of approval itself.

• Good credit scores can help, but not required 

You can still apply for a business loan and get approved even if you don’t have high credit scores, unlike applying for a loan with banks. However, having good credit scores provide access to better loan deals.

How to Apply?

First, you must meet the eligibility criteria:

• Business or company must be registered in Singapore
• At least 1 year of operation
• Minimum turnover of SGD 60,000

If you meet the criteria, prepare the following required documents on the day of application:

• All directors/partners NRIC
• Recent ACRA information report
• Recent income tax assessment notice (personal and company)
• Recent financial statement
• Recent invoices/business contracts
• Recent utility bills under the company’s name
• Recent 6 months bank statements
• List of assets owned by the company, directors, and partners
• Office/Shop tenancy agreement (if applicable)

You can call or apply online, through our dedicated online facility and through our loan officer at the number 6588 1886. 

Our loan officer will schedule an appointment to discuss the terms and conditions of your loan agreement. After the agreement has been signed and approved, you can get your loan immediately.

How Can 1 Fullerton Credit Help You?

With our motto “borrowing money made easy”, 1 Fullerton Credit offers legal, quick and affordable loan plans for your financial needs. Being established in 2009, we are one of the most reputable licensed moneylenders in Singapore, which means that you can expect excellent service from us, as attested by our previous clients in their feedback. 

We aim to cater every client in need, providing clear-cut terms and conditions in their loan agreements. Lastly, we provide a fair and transparent service aimed at making you feel comfortable and safe in your loan transaction.

1 Fullerton Credit is always here to give a legal and hassle-free loan application experience. Get your business loans from Bukit Merah Licensed Money Lender to kickstart your business today! Contact us at 6588 1886, or you may send us an email at enquiry@1fullertoncredit.com.sg. You can also visit our office at 110A Telok Ayer St, Singapore 068579.