Working Capital & SME Term Loans

At the matching stage, we use the income and employment details you provide to surface offers you're likely to qualify for. When you proceed with a chosen lender, they will run their own verification — typically via Singpass / MyInfo — and make the final lending decision. T&Cs apply.

No. Submitting your profile on Lendly SG does not trigger a hard credit inquiry. We do not pull your Credit Bureau Singapore (CBS) report. A formal credit check only takes place if you proceed with a specific lender after receiving your match.

Yes. Your contact details are never shared with any lender until you explicitly approve a specific match. We do not sell your data and you will not receive unsolicited calls or messages from lenders you have not authorised.

No. Lendly SG is a comparison platform — we do not lend money. Our network includes MAS-regulated banks and finance companies, as well as MinLaw-licensed moneylenders, in Singapore. We surface their personalised loan offers based on your profile, so you can pick the one that works best for you. The final lending decision sits with the matched lender.

Yes, completely free for borrowers. We do not charge any fees for using our platform or receiving your match. You are under no obligation to proceed with any lender we surface.

For most applications you will need your NRIC or passport, the last 3 months' payslips or CPF contribution history, and proof of address such as a utility bill or bank statement. Self-employed applicants typically need 2 years of NOA (Notice of Assessment). Exact requirements vary by lender — your matched lender will confirm what is needed before you proceed.

The advertised flat rate is applied to your original loan amount across the full tenure. The Effective Interest Rate (EIR) reflects the true annual cost of borrowing after accounting for the reducing principal over time — it is always higher than the flat rate. For example, a 5% p.a. flat rate over 3 years translates to roughly 9–10% p.a. EIR. MAS requires lenders to disclose EIR, and Lendly always shows both so you can compare accurately.

Lendly SG complies fully with Singapore's Personal Data Protection Act (PDPA). Your information is encrypted in transit and at rest, never sold to third parties, and only shared with the lending partner you choose to proceed with. You can request access to or deletion of your data at any time by contacting our Data Protection Officer at privacy@lendly.sg.

None. Lendly is completely free to use — we earn a referral fee from our lending partners, not from you. Banks and finance companies may charge their own processing or early repayment fees, but these are disclosed in your loan offer letter before you sign anything. You are never charged for using the Lendly matching platform.

Most MAS-regulated lenders disburse personal loans within 1–3 business days of approval. Some digital lenders such as GXS Bank and Trust Bank can disburse same-day or next-day. The timeline starts from when you accept the offer and complete the lender's own verification — the matching process on Lendly itself takes under 2 minutes.

Receiving loan offers through Lendly does not trigger a hard credit inquiry and will not affect your TDSR (Total Debt Servicing Ratio) or credit score. A hard check only occurs when you formally accept an offer and the lender processes your application. We recommend checking your TDSR headroom (capped at 55% of gross monthly income under MAS rules) before you apply.

Going directly to one bank means you only see that bank's rate. Lendly matches you with 8+ MAS-regulated lenders simultaneously, so you can compare and choose the lowest rate in one place — with no hard credit check at the comparison stage. Most users find that comparing multiple offers saves them between S$800 and S$3,500 in total interest over the loan tenure compared to accepting the first offer they see.