Unlocking Growth in Small and Medium Enterprises with SME Loans in Singapore

Securing a business loan to finance your company’s fleet of vehicles is not always a walk in the park. Transport and delivery industries are not the only ones that require a fleet of vehicles. Vehicles are also essential in driving the operations of other types of businesses such as those in food catering, air condition […]

Business loans are loans offered to business owners to fund their business ventures. There are several types of business loans available in Singapore, such as working capital loans, business term loans, line of credit, overdraft facilities and many more. There are a variety of reasons for securing a corporate loan. Most, if not all, contribute […]

It is not an easy task to run a small business. Navigating the competitive financial environment may be extremely difficult, particularly when looking for more funding. There are a lot business owners who are looking for small business loans in Singapore, but they are having trouble getting one because they have a low credit score, […]

There’s no denying loans are important for a lot of businesses that want to fill financial gaps and manage their finances. However, understanding the different types of loans available can be overwhelming. Two common types of loans are revolving credit facilities and non-revolving credit facilities, and they differ in several ways. In this article, we’ll […]

For many, having a car in Singapore might be an unnecessary luxury — most places you need to go to are easily accessible by public transport. However, there could come a point where having a car can fulfil your need for greater flexibility. With the high cost of owning a car in Singapore, a car […]

Thinking of starting a business? Perhaps it has always been a dream to strike it out on your own? If that sounds like you, you are going to need a business loan.  Having enough capital will make a world of difference for your business which is why knowing where to get the best business loan […]

As a business owner, you may be thinking of ways to offer greater value to retain your customers and build customer loyalty. Whether you are a furniture retailer, car dealer, or are in the business of selling big-ticket goods, instalment payment plans, hire purchases, or other financing options may be what you need to keep […]

Utilities, staff salaries, inventory, equipment rental — these are just some aspects that make up day-to-day operational costs. To keep your business running, you first need to have enough capital to get it started. And this is perhaps the greatest challenge of most businesses. Working capital is, fundamentally, a term for having money on hand. […]

What Is A Bridging Loan? A bridging loan is designed to help companies and individuals tide over a short period of financial challenge.  For companies, this is a type of business loan that can be used to increase working capital while waiting for longer-term financing to come in.  To individuals, a bridging loan usually applies […]

Your business needs that extra funding to allow it to move forward. If you are unsure of which lenders to go to or how to approach them, the process of getting a business loan can be daunting. Borrowers often make the mistake of not doing thorough research on which lenders to approach or the types […]

If your business is in need of funds and you’re seriously considering taking a loan, you will need to know the importance of credit ratings. No matter what sort of business you run — a large global business or a local SME, credit ratings play a significant role in helping you secure loans. In fact, […]

At some point in your business, be it at the start-up or expansion stage, you might find the need for extra funds to push it forward. You might also be wondering if it’s worth engaging the services of an SME loan broker for your business in Singapore.  Would hiring a loan broker add value to […]

This period of unexpected circumstances in Singapore is forcing SMEs to face monumental challenges. Businesses from almost every sector have been impacted by the recession and the Covid-19 situation. If your SME business has been hit, you are likely looking for solutions right now to tide through this season. So where does a Singapore SME […]

2020 has been one of the most challenging years for businesses worldwide. With COVID-19, there are many unexpected costs and preparations to be made. Although many companies in Singapore have reopened, it may take some time before business picks up. If you are a business owner, what should you do to prepare you and your […]

Managing a business in Singapore is not easy. Operating costs such as payroll make up for a considerable percentage of your monthly overheads. As a business owner, you may have run into a cash flow crunch and need a quick influx of cash to pay your employees or hire extra help. This is where many […]

As a business owner, you probably have had your fair share of experiences managing tricky financial situations. Finding yourself in a position where your business finances are not enough to cover operational expenses can be daunting. In times like this, turning to a business loan in Singapore can be useful. A business line of credit, […]

You have gone through your fair share of ups and downs in your business, and you are now ready to take a business loan — for whatever reason that may be: to manage your cash flow, purchase equipment, or to boost the growth of your SME further. If you are thinking of getting a business […]

Whether you have been toying with the idea of running your own company, or thinking of leaving your job to be an entrepreneur, it’s not difficult to understand why many would want to be their own boss and learn how to start a business in Singapore.  In recent years, Singapore has been consistently rated as […]

Is your business expanding? Or is it in its initial stages and you are looking forward to launching your new product or service? Whether your business is mature or just starting out, you might have considered taking a business line of credit. In Singapore where there is a high saturation of SMEs in almost every […]

A car is possibly the biggest purchase you might make aside from buying a house. We always hear or know that owning a car, especially in Singapore, is expensive. But do you know the actual cost of owning a car in Singapore? First, what makes a car so expensive to own in Singapore? Singapore has […]

Running a small or medium-sized enterprise (SME) in Singapore has both opportunities and challenges. Cash flow issues are common in SMEs and may limit growth or opportunity for advancement. SMEs commonly use small business loans to solve these challenges. However, business owners need to assess the key factors before signing an SME loan agreement to make informed […]

Every business will face trying times. The struggle of staying afloat amid reduced revenues or rising costs is an experience all businesses will go through at some point. The repercussions of the current COVID-19 pandemic is a testament to this. You need a healthy reserve of funds set aside for rainy days to see your […]

Running a business is not easy. It’s even harder to run a food and beverage (F&B) business due to its fast-changing nature. Healthy cash flow is needed for smooth business operation, and without enough funds, problems will only accumulate.  Now with COVID-19, the world’s economy has taken a tremendous hit, and many F&B business owners […]

As you try to secure extra funding for your business, you might have stumbled upon the term merchant cash advance. Clueless as to what it is? Here’s a lowdown of what it can offer. A merchant cash advance is a form of short-term business funding that could serve as a lifeline for businesses that had […]

It can be tough owning a business, especially in Singapore, the world’s most competitive economy. There might come a time when a short-term expense puts you in need of additional financing. Perhaps you’re looking for a merchant cash advance because you need cash urgently. Or maybe you have a credit history that didn’t fit the […]

Are you a business owner? Do you own an SME in Singapore? Or perhaps you are thinking of finally launching your startup? There are many challenges when it comes to running a business. Businesses that have been around for an extended period of time could be thinking about expansion and growth. On the other hand, […]

Cash flow is the lifeblood of any small business. It determines your ability to pay bills, invest in growth, and handle unexpected expenses. Unfortunately, many small businesses struggle with managing cash flow effectively. In this guide, we’ll explore practical strategies to help you increase cash flow and build a more financially robust business. Simple Ways […]

Most of us could rattle on unflinchingly on the credit cards we have but would probably get tongue-tied if asked about each card’s credit limit. Perhaps this is a slippery slope for some as not knowing the credit limit could potentially sink one into debts. Are you aware of your credit limit? And do you […]

When your business is going through a challenging period and overdue suppliers’ bills and staff salaries need to be paid, waiting is not an option. Getting a business bridging loan in Singapore is one solution that can help to ease cash flow issues. Much like a bridge loan for buying a home, a bridging loan […]

Singapore has one of the most expensive car prices in the world, which comes as no surprise. And when you add up all the different costs like COE, owning a car in Singapore sums up to quite a substantial amount. However, the high cost should not be an obstacle to owning a car in Singapore […]

In recent years, hire purchase has been a popular method for businesses to purchase expensive goods and assets.  Hire purchase provides businesses with another financing option to finance their fleet of cars and motorcycles needed for business operations. However, like all financing options, it comes with its advantages and disadvantages.  In this article, we compare […]

Whether you’re a business owner in the automobile dealer industry or looking to start up your own auto dealership, you’d probably know how expensive inventory for automobiles is. Businesses that have to deal with such huge purchases usually take up business loans in Singapore to manage their inventory and showroom. For a business owner in […]

Have a business line of credit and looking to expand and build your business? Then you might want to consider increasing your credit limit. Getting a higher limit is beneficial as you can access extra funds during emergencies or use it to seize opportunities. That said, requesting an increase in your business line of credit […]

The COVID-19 pandemic has led to a spike in food delivery. Delivery platforms such as Foodpanda saw an increase in rider applications, and in tough times like these, becoming a food delivery rider has become one of the options to secure income. Some riders have even reported earning over S$7,000 per month. Of course, this […]

Gone are the days when banks are the default go-to place in getting a business loan in Singapore.  Small and medium-sized enterprises (SMEs) these days have various options ranging from banks to private financial institutions that offer different types of business loans. As your business grows, it would most likely need more financing to expand […]

Sometimes, an item we need may be too expensive for us to make full payment upfront. A hire purchase could be the right choice if you don’t want to tie your money down and prefer to have monthly repayments. So what is the difference between a hire purchase, a leasing plan, and an instalment plan? […]

Most people need loans at some point, whether it’s for a credit card, car, home, or a business. Your personal credit rating, found in your credit bureau report, directly influences your ability to get approved. Even if your business is profitable, a director’s poor personal credit score can sink a business loan application. Know your […]

If you own a small-medium enterprise (SME) business that has charted success in consecutive years, you might be thinking of scaling up your business further. The question is whether you have enough resources to see through your plan. This is where taking up a business loan in Singapore in the form of expansion financing could […]

Being cash-strapped is not a great feeling. Running a business and managing operational expenses and monthly overheads can get stressful. Thus, having a good cash flow is essential to ensure that your business stays afloat and prospers. But how do you ensure a good cash flow when your business relies heavily on invoice payments? Outstanding […]

Running a small or medium-sized business (SME) is tough – especially in those early years when you’re spending a lot to get things going. It’s easy to think “If we make a lot of sales, we’ll be doing great!” But cash flow is a whole different beast. Think of cash flow like your business’s bank […]

At some point in your business, you may require a business loan to help in expanding and building your company. One type of business loan that companies commonly apply for is a business term loan. Here, we will share what business term loans are and what you need to know about them before applying. What […]

From cab drivers to fresh graduates, the sobering reality is that countless Individuals have been hit hard by the COVID-19 pandemic. Small business opportunities in Singapore take a plunge as companies are not spared the challenge to stay afloat in this unprecedented economic slowdown. A joint survey conducted on more than 3,000 small and medium […]

Did you know that a lack of funding and working capital are among the common reasons why businesses fail? And how could invoice factoring in Singapore come into play? Running a business can be challenging, especially in a competitive environment such as Singapore. Businesses need to stay in-the-know and be quick to adapt. More importantly, […]

Always dreamed of being the boss of your own business? Before exploring the different small business opportunities in Singapore and taking on the risks of starting one, overcome foreseeable challenges by planning and preparing ahead.  Here are 9 tips that you should consider before getting your small business off the ground in Singapore.  1. Don’t […]

Running a small business often comes with its fair share of financial challenges. To overcome these hurdles and ensure steady growth, small and medium-sized enterprises (SMEs) in Singapore can greatly benefit from the availability of SME working capital loan choices. These financial solutions are designed to address the unique needs of small businesses, providing them […]

One of the top concerns on any startup owner’s mind is probably funding. Today, crowdfunding is a legitimate way to get funding for different purposes—from artistic endeavours to a new business. If you have a new business and are looking at a startup business loan in Singapore, this article explores crowdfunding to shed light on […]

It can be challenging running your own business. There are many hurdles SMEs often face — from administrative matters, ideas-generation, to finding enough money to fund your business. Many approach banks and private financiers for SME working capital loans in Singapore when facing such financial difficulties, especially during the initial phases. Working capital loans can […]

Many small and medium-sized enterprises (SMEs) often hurry to secure financing for their expansion and day-to-day operations. However, it’s crucial to recognise that hastily obtaining a loan may not always be the optimal choice. Instead, SMEs should take a moment to assess the available financing option, as making the wrong choice could lead to higher […]

You might have an impending need for extra working capital in your business. As you research possible sources for a loan, you might have come across the services of an SME loan broker in Singapore. But what exactly is an SME loan broker? How can such a broker fit into your plan of getting a […]

Short-term business loans offer a lifeline for immediate needs, but finding the right one is crucial for your bottom line. Don’t get lost in the maze of options. In this article, we’ll break down how to secure the best short-term business loan, the different types available to SMEs, and the essential factors to consider for […]

With the economy in an unpredictable flux, it can be tricky navigating through these uncertain times as a business owner. Certain business decisions incur expenses that can put you in need of immediate cash. While a business loan might seem like a solution, the terms and conditions may not always meet your business needs. In […]

Need to buy a big ticket item like a car or motorcycle but don’t have sufficient funds? Whether you are looking to finance your car or motorcycle purchase for personal or business use, hire purchase can help with it.  In this article, we share more about the meaning of hire purchase and how it works […]

If you are thinking of buying an asset or expensive item and you do not have sufficient funds on hand, you may consider taking up a hire purchase arrangement.  Hire purchase agreements are a popular option for those who wish to purchase items that cost thousands of dollars, such as cars or heavy machinery.  In […]

Buying a car with a hire purchase agreement is not uncommon in Singapore. After all, Singapore has one of the highest costs of owning a car in the world.  The good thing about hire purchase is that it allows you to pay the car in instalments, helping you spread the cost. However, it comes with […]

Is your business in need of vehicles for transportation? Or are you an individual looking to own a car in Singapore? Whether you are looking for a fleet of vehicles for your catering, delivery, or cleaning business, or just an individual looking for a car, business loans in Singapore can be a great help to […]

The convenience of having your own car would drive you to hunt for the best possible car loan. In looking to finance your car purchase, you might have been offered the balloon payment scheme as an option.  But is the scheme right for you? Would you be better off with a conventional car loan?  Before […]

Taking on hire purchase is a good way to spread the cost of big ticket items, such as cars for your business. But it is also said that hire purchase may be more expensive than taking out a business loan.  In this article, we will analyse how hire purchase works, as well as how to […]

It is never easy having to rely on multiple clients for income. As reliable as they may be, no client is immune to the need for an occasional late payment request, especially in times of economic crisis like global pandemics or recessions. Neither is a 60-day invoice that you issued to a client going to […]

Singapore’s thriving economy and supportive business environment make it an ideal place to launch a new venture. If you’re eager to become your own boss but have limited startup capital, don’t worry. There are many low-investment business ideas perfectly suited to Singapore’s dynamic market. Let’s explore five options to get you started. Top 5 Low-Investment […]

Running a small or medium-sized enterprise (SME) in Singapore is exciting, but getting the right financing can be a headache, right? There are plenty of misconceptions floating around, making it even harder to secure the funds you need. Let’s clear things up and give your business a fighting chance. Busting SME Financing Myths in Singapore […]

2020 hasn’t been kind to many businesses. With the outbreak of COVID-19, food and beverage (F&B) businesses in Singapore have taken a significant hit, facing over 50% – 80% drop in revenue with more than 500 eateries closing down. Well-known restaurants such as The Chophouse and The Starker Group have made the painful decision to […]

Bankruptcy is thought to be a very negative and taboo word in Singapore. After all, the word is associated with failure and financial ruin, with society often seeing bankrupt individuals or companies in a different light. To make things worse, those facing bankruptcy in Singapore can face a whole new set of challenges from their […]

During the COVID-19 pandemic, the global business environment changed, offering problems that have never been seen before and resulting in the closure of a great number of businesses. Businesses have been suffering from interruptions, closures, and economic concerns in Singapore. Nevertheless, in spite of these challenges, there are business ideas that have not only survived […]

Capital C Corporation, a Singapore-based financial services provider, has announced raising S$74 million ($54 million) in a mix of pre-seed equity and debt funding rounds. The fundraising exercise was participated by Phillip Capital, Luminor Capital, Paradise Group, Citystate Group, family offices, and ultra-high-net-worth individuals, according to the announcement. With the fresh funding, the company, founded […]

Capital C Corporation, a Singapore-based financial services provider, bags SGD$74 Million in their recent fundraising exercise with PhillipCapital, Luminor Capital, Paradise Group, Citystate Group, various family offices and Ultra-High-Networth-Individuals. The fresh injection of funds will serve to fuel their lending capabilities and expand their digital financial platform offerings to provide a seamless experience and also […]

DocuSign eSignature and Singpass make signing simple and secure for Singaporeans. As one of the earliest corporations to onboard and tap into the benefits of this partnership (Sign with Singpass + DocuSign eSignature), Capital C Corporation is glad to share our experience in DocuSign Momentum 2022, an annual flagship event by DocuSign to feature case […]

Many companies might find themselves facing financial difficulties due to the Covid-19 pandemic. But do you know that there are many government schemes to financially support local businesses, especially Small and Medium Enterprises (SMEs)? If you are a business owner, here is what you need to know to make the most out of your Covid-19 […]

The pandemic has severely impacted Singapore’s economy and affected many companies, especially Small and Medium Enterprises (SMEs). To support local firms, the government has rolled out several schemes for businesses. If you are reading this article, chances are that you applied for the Temporary Bridging Loan Programme (TBLP). In this article, we provide several options […]

The COVID-19 pandemic has caused economies worldwide to fall into a recession. With domestic-oriented sectors severely affected, Singapore’s economy is expected to take longer to recover than from past recessions. As of 30 October 2020, more than 20,000 people have been retrenched. In September 2020, our unemployment rate rose to 3.6%. Businesses have been struggling […]

It has been a year since the pandemic started, yet many firms are still reeling from its impact. Over 5,000 firms have borrowed about S$4.5 billion from government-assisted schemes to meet short-term costs, like rent, salaries, and contingencies. The Singapore government has rolled out several initiatives to support firms, including the Temporary Bridging Loan Programme […]

Many businesses have been affected by COVID-19. Over 27,000 business entities have shut down from March to November 2020, as the pandemic continues to put a severe strain on the Singapore economy. However, the government has put forth a slew of programmes and schemes to support businesses during this period. In this article, we summarise […]

COVID-19 has affected businesses around the world — some more than others. Whether you are an MNC in a supply chain business or an SME in the media industry, your business has likely faced certain difficulties during this period. To help businesses pivot to survive the unprecedented challenges brought about by COVID-19, the Singapore government […]

Given the economic impact of Covid-19, many businesses around the world have taken a hit. In Singapore alone, as many as 457 retailers have closed down in September 2020. But it is not all doom and gloom for businesses in Singapore, as Covid-19 support loans are available to help them tide through this tough period.  […]

Getting a loan application rejected is the last thing businesses want, especially during this tough period. If you applied for the Temporary Bridging Loan Programme (TBLP) but your application was rejected, knowing the possible reasons for its rejection can help you improve your chances for future loan applications.  What Is The Temporary Bridging Loan Programme […]

Is your business looking for short-term financing support to alleviate its cash flow needs? The Temporary Bridging Loan Programme (TBLP) can open up access to more working capital for your business, helping it bounce back stronger.  As a bridging loan, the TBLP provides immediate cash flow via a fast application and approval process, thus allowing […]

Capital C Corporation (“Capital C“) announces its partnership with Citystate Group. The joint-venture, Capitall Auto Financial Services Pte Ltd., marks Capital C’s foray into Singapore’s auto-financing market. This builds up Capital C’s existing portfolio of financial services for individuals and businesses. With deeper integration to Singapore’s National Digital Identity platform initiative, Capital C is poised for more growth in […]

Capital C Corporation (“Capital C“) announces its partnership with Citystate Group. The joint-venture, Capitall Auto Financial Services Pte Ltd., marks Capital C’s foray into Singapore’s auto-financing market. This builds up Capital C’s existing portfolio of financial services for individuals and businesses. With deeper integration to Singapore’s National Digital Identity platform initiative, Capital C is poised for more growth in […]

Capital C Corporation partners CityState Group to launch Capitall Auto Financial Services Capital C Corporation integrates more of National Digital Identity platform to meet underserved consumers with more user-friendly FinTech services 19 November 2020 — Capital C Corporation (“Capital C“) announces its partnership with Citystate Group. The joint-venture, Capitall Auto Financial Services Pte Ltd., marks […]

Taking a working capital loan in Singapore is common among SMEs. In short, a working capital loan is a specialised type of loan designed to help businesses cover daily operational costs.  Unlike other business loans, working capital loans generally do not need you to state the purpose of borrowing, as these loans are short-term and […]

If you’ve been following this space, you would know that we’ve been discussing what working capital loans are and how they can benefit SME businesses. Working capital loans help SMEs finance day to day operations and provide short term solutions to pressing challenges such as seasonal fluctuations and downturns. Perhaps your business needs to take […]

Thinking of striking it out on your own? Do you have big plans and an ambitious vision but don’t have enough capital yet? Getting a business loan in Singapore might just be the first step you need to take! Many business owners hesitate to take a business loan due to a range of reasons. It’s […]

There’s nothing more frustrating than to find out that your business loan application has been rejected.  Business owners look to banks and financial institutions to get business loans for a myriad of reasons. Whether it is to expand, innovate, or to cover day to day operations, having access to funds at the right time is […]

Does your business need a loan? Have you already tried applying for loans in the past but got rejected?  In Singapore, it’s almost impossible to go about building up your business without getting a business loan. Having your business loan rejected can be extremely troublesome.  If you have been following this space, we have previously […]

In Singapore, 65% of the economy is made up of SMEs. From e-commerce startups to financial products, there are all sorts of SMEs in the Singapore market. With a high saturation of competitors in different markets, growing your business is extremely challenging in Singapore.  On top of stiff competition, SMEs also face the challenges of […]

Starting a company can be a challenging feat. Not only must you have a good business idea, but you must also get enough capital. That’s not even considering all the countless administrative matters to handle. The first part, getting a good idea, is often already established when the company is founded. However, most companies struggle […]

Running a business costs money. If you are an experienced business owner, you would know that it is not easy to run a startup in Singapore. From employees’ pay to inventory, or even just turning the lights on, the cost of day to day operations adds up. That is why loans are unavoidable when you […]

Have you ever considered taking a business loan to meet the financial needs of your Small and Medium Enterprise (SME)? If yes, you probably have heard of working capital loans for SMEs. In short, working capital is the money companies use for daily operational expenses. Managing your working capital properly can be challenging for an […]

As the world is moving at a fast pace, the society is converting into a cashless society. People are more likely to be digitally active and doing business. Online selling and buying have become a new business market. The new generation is drawn towards the trend and soon the world will convert into a society […]

Small and medium enterprises (SMEs) continue to be one of the biggest players in Singapore’s economy. Based on a survey conducted by SME Magazine, SMEs continue to grow amid economic difficulties. The data also showed that the average revenue increases by about 109% than the previous year. As SMEs increases in numbers, we have observed […]

Managing your finances is a very tedious task especially for the ones who don’t understand accounts and finance at all. Most of us, even the ones who have just stepped adulthood have a job. We may have our own startup, work in an MNC, or maybe a government employee. We are here to let you […]

This series celebrates the achievements of 10 businessmen and women who prove to have what it takes to break boundaries and emerge as winners of Singapore’s Entrepreneur of the Year Awards (EYA).

From training aspiring pilots to lending money, 10 local entrepreneurs received the Entrepreneur of the Year Award (EYA) 2019.

Find out how local firms are helping F&B SMEs scale their businesses.

Singapore-based Capital C Corporation has come a long way since the inception of its money lending arm in 2011.

In the last decade, we have witnessed rapid growth in the alternative lending space, with the creation of new business models opening up the range of alternative lending products available.

In Singapore, SMEs account for around two-thirds of the workforce and a large chunk of GDP growth.