Business financing options we match you with
Lendly Business covers the full range of SME financing from regulated lenders.
Working Capital Loan
Day-to-day operational funding — payroll, inventory, supplier payments. Government-assisted under EFS up to S$500,000 with 5-year repayment.
Learn more →Business Term Loan
Lump-sum financing for expansion, renovation, or working capital. Unsecured up to S$300K–S$500K; secured facilities available above that.
Learn more →Trade Finance
Import/export financing including Letters of Credit, Trust Receipts, and invoice discounting. Government-backed under EFS Trade Loan up to S$10 million.
Learn more →Fixed Assets Loan
Finance machinery, equipment, or commercial property. EFS Fixed Assets Loan available up to S$30 million with tenure up to 15 years.
Learn more →Invoice Financing
Unlock cash tied up in outstanding invoices. Borrow against your accounts receivable — typically 70–90% of invoice value, repaid when your client pays.
Learn more →Revolving Credit Facility
Flexible standby credit you draw and repay as needed. Interest charged only on amount drawn. Ideal for businesses with seasonal or unpredictable cash flow.
Learn more →Does your business qualify?
Requirements vary by lender and facility type. These are the standard thresholds across our partner lenders.
Core eligibility criteria
ACRA-registered in SingaporeYour business must be legally incorporated and actively operating in Singapore. Sole proprietorships, partnerships, and Pte Ltds all qualify.
- At least 6 months in operation
Most banks require 6–24 months operating history. For government-assisted EFS facilities, at least 30% local shareholding (SC/PR) is required.
- Annual revenue of S$200K or more
Minimum S$200K annual turnover for most facilities; S$500K–S$1M for higher loan amounts. SME definition: revenue below S$100M or fewer than 200 employees.
- Director who is SC, PR, or EP holder
At least one director must hold a Singapore NRIC or valid Employment Pass. Personal credit assessment of directors is standard for SME loans.
- Average daily bank balance S$10K+
Most banks assess the last 6 months of business bank statements. A consistent average daily balance of S$10,000 or more strengthens your application.
Documents typically required
Current business profile from BizFile+. Download directly from ACRA portal.
Business operating account statements showing cash flow and balances.
Audited or management accounts. First-year businesses may use management accounts.
Personal NRIC and Notice of Assessment for each director/shareholder above 25%.
Last 4 quarters of GST F5 returns, if your business is GST-registered.
Statement of all current loans, overdrafts, and credit lines across all banks.
Enterprise Financing Scheme (EFS)
EFS is Singapore’s flagship government-backed SME financing programme administered by Enterprise Singapore. Participating banks share the risk with the government, enabling more favourable terms for qualifying SMEs.
EFS eligibility requires at least 30% SC/PR shareholding. Our matching engine identifies which lenders are EFS-participating so you see the best available terms.