1. SME Growth Package: This is our signature financing package, which is a short-term business term loan for working capital. The features of this package include a maximum loan quantum of up to $300,000, with equal instalments payable and up to 12 months of loan tenure.
2. SME Flexi Package: This is our second most popular financing package, which is similar to an overdraft facility, utilised upon demand and is interest-servicing on the amount used. The features of this package include flexible repayment with interest chargeable on the loan amount used only.
3. Entrepreneur Growth Package: This package is offered to newly incorporated companies of less than 2 years seeking to grow their business. The features of this package include a maximum loan quantum of $30,000 and up to 6 months of loan tenure.
4. Sales Invoice Financing: This package allows companies to receive cash with their unpaid invoices. The features of this package include a maximum loan quantum of $300,000 with financing up to 80% of invoice value excluding GST.

For Growth Package, Flexi Package and Sales Invoice Financing:

1. Minimum 2 years incorporation
2. Minimum 30% local shareholding
3. Company’s group annual turnover of not more than $100 million or Employment size of not more than 200 employees

For Entrepreneur Growth Package:

1. Newly incorporated company of minimum 6 months
2. Minimum 30% local shareholding
3. Company’s group annual turnover of not more than $100 million or Employment size of not more than 200 employees

For Growth Package, Flexi Package and Sales Invoice Financing:

1. Identity documents (NRIC/Passport/Work Pass) of all Director(s)/Guarantor(s) (Front & back)
2. Latest Credit Bureau Singapore report of all Director(s)/Guarantor(s) (within 7 days of submission)
3. Latest 2 years Notice of Assessment of all Director(s)/Guarantor(s)
4. Latest 6 months of the company’s Bank Statements
5. Latest 2 years of Financial Statements of the company (Profit & Loss, Balance Sheet)

For Entrepreneur Growth Package:

1. Identity documents (NRIC/Passport/Work Pass) of all Director(s)/Guarantor(s) (Front & back)
2. Latest Credit Bureau Singapore report of all Director(s)/Guarantor(s) (within 7 days of submission)
3. Latest 2 years Notice of Assessment of all Director(s)/Guarantor(s)
4. Latest 3 months of the company’s Bank Statements
5. Latest 3 months Management Report

*If we require more documents, we will inform you accordingly.

Once you have checked your eligibility criteria as listed above and are interested to apply for a corporate loan with us, you may email us the mandatory documents at enquiry@sg-cash.com or call us at +65 6327 0128 accordingly. One of our officers will follow up with you on your loan application within 2 working days.

At SG Cash, our assessment is based on a holistic assessment of the company, including the business history, industry nature, revenue & profit, business plan, personal credit history, collateral for secured loans and outcome of the site visit amongst others. The loan application is also subjected to review and approval by our Credit Committee Panel.

Upon receiving the full set of mandatory documents for the loan application as listed above, it would take about 3 working days or less for us to get in touch with you. If we require more time, we will inform you in advance.

The site visit will be arranged on a case-by-case basis. (More than 85% of the loan applications with SG Cash require a site visit.

SG Cash will arrange for either a physical meetup at our client’s office or a virtual meeting with the Director(s) / Guarantor(s) of the loan application, to understand more about the loan applicant and to clarify any queries which we are in doubt.

The loan tenures are from a minimum of 1 month to a maximum of 12 months.

You can expect to receive the funds as soon as within 24 hours after the signing of the loan agreement.

Our interest rate ranges from 2% to 4% per month, depending on our credit assessment.

We charge a one-time facility fee of up to 8% per loan application, depending on our credit assessment.

You can choose from daily, weekly, bi-weekly and monthly repayment modes for your loan that best suit your business needs.

Our clients have the option to pay via cheques, bank transfers or ATM transfers to our bank account.

Late fees and late interest will be incurred if you are late for your payments.

Yes, the directors/guarantors will be the personal guarantee of the corporate loan. For secured loans, a collateral (such as commercial or residential property) will be required as well.