Licensed Money lender Personal Loan Redhill

Redhill is another name for the place Bukit Merah, a Malay phrase which translates to “red hill”. It is known for its hangout places and parks which entices both locals and foreigners. 

Avail these amenities with fast cash loans from 1 Fullerton Credit, one of the most reputable moneylenders in Singapore.

Types of Loans

Personal Loan

This is an unsecured type of loan which is used however the borrower sees fit. Depending on your salary, you can borrow from SGD 3,000 to 6x of your monthly salary. To be able to get the highest loan limit, you must have at least SGD 24,000 minimum annual income.

• Eligibility Criteria
  • 18+ year old
  • Minimum salary of SGD 2,000 (Singapore residents, PRs)
  • Minimum salary SGD 3,000 (foreigners)
• Documents
  • Identity card
  • Proof of residence
  • Proof of employment
  • Recent 3 months payslip
  • SingPass
  • Passport (foreigners)

Business Loan

This type of loan is used by SMEs for capital needs, which is then used for business expansion or for the improvement of cash flow. Maximum loan amount can reach up to SGD 200,000.

• Eligibility Criteria
  • Business must be registered in Singapore
  • 1 year+ operation
  • Minimum turnover SGD 60,000
• Documents
  • All Directors/Partners NRIC
  • Recent ACRA report
  • Recent Income Tax Assessment Notice (personal/company)
  • Recent Financial Statement
  • Recent Invoices/Business Contracts
  • Recent 6 months bank statements
  • Recent Utility bills under the company name
  • List of Assets (company, directors, partners)
  • Office/Shop Tenancy Agreement

Payday Loan

Acts similarly to a cash advance, the loan amount for payday loans is based on the borrower’s monthly salary. The advised loan amount is a month’s worth of salary.

• Eligibility Criteria
  • 18+ year old
  • Minimum salary SGD 2,000 (Singapore residents/PRs), SGD 3,000 (foreigners)
• Documents
  • Identity card
  • Passport (foreigners)
  • Proof of residence
  • Work permit/S-Pass/Employment Pass (foreigners)
  • Proof of income
  • Proof of employment
  • Recent 3 months payslip
  • SingPass

Monthly Loan

Also known as an installment loan, it comes with fixed interests and repayment schedules. Maximum loan amount is up to 6x of the borrower’s monthly income

• Eligibility Criteria
  • 18+ year old
  • Minimum salary SGD 2,000 (Singapore residents/PRs)
  • Minimum salary SGD 3,000 (foreigners)
• Documents
  • Identity card
  • Passport (foreigners)
  • Proof of residence
  • Work permit/S-Pass/Employment Pass (foreigners)
  • Proof of income
  • Proof of employment
  • Recent 3 months payslip
  • SingPass

Foreigner Loan

This is a personal loan that is designed for foreigners, with a different criteria and requirements. Loan amount ranges from SGD 500 to 6x of the borrower’s monthly income

• Eligibility
  • 18+ year old
  • Minimum salary SGD 3,000
• Documents
  • Passport
  • Proof of residence
  • Work permit/S-Pass/Employment Pass
  • Proof of income
  • Proof of employment
  • Recent 3 months payslip
  • SingPass

How Can 1 Fullerton Credit Help You? 

Looking for Redhill Licensed Money Lender? 1 Fullerton Credit makes offers legal, quick and affordable loan plans resulting to “borrowing money made easy”. 

We are one of the most reputable licensed moneylenders in Singapore since 2009, showcasing excellent service as attested by our previous clients’ feedback. 

We cater and advise every client on loan types depending on their specific situation. 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. 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.