Singapore Small Business Loan Companies

Singapore is known to be one of the world’s fastest-growing economies. Its expansive growth has resulted in an improved standard of living for the people in Singapore. Not only this, but it has also given the environment and space for the SMEs and startups to grow to their penultimate state.

We are all aware of the fact that small businesses and startups have played an important role in the economy, especially when it comes to a country like Singapore. Sustaining a small business can sometimes be a little problematic.

The reasons are simple

Any startup requires business to keep them afloat. Which is where companies think of reaching out to a bank.

But, here’s the catch, banks turn down SMEs and startups because of their stringent regulations. This includes strict requirements on documentation and continuous paperwork for the application process with extra interest rates levied on the received funds.

For the most part, this is how business loans work in a country like Singapore. Even if you do pass these regulations, the application for a loan takes about 2 to 4 weeks to process. In addition to this, the lack of collateral also poses a huge barrier for SMEs and startups.

What is the solution?

Beating the age-old system of traditional banks is the easy and seamless systems of Finaxar which provides business financing to small businesses and startups.

It is easy, online & hassle-free. It is formed in collaboration with reputed accounting tools like QuickBooks, Stripe, Lazada, Financio, Xero and Sage to provide seamless business financing services.

A financial institution, Finaxar offers Finaxar Credit Line services to SMEs and startups. It comes with a flexible repayment plan and a fixed tenure. It also doesn’t require any collateral. Even the nominal fee is charged only once during the drawdown amount. You can very easily access funds of up to $500,000 as long as your business has been turning a profit for the past 6 months.

 

Why is Finaxar better as one of the best small business loan companies?

Finaxar is the bridge between small business owners and cash flow gaps. It is unlike any traditional bank where there is a long process of documentation with so many terms and conditions to comply.

All you need to do is apply online for a business loan, get your credit approval within 24 hours, and pay a single fee on the drawdown amount. Banks, on the other hand, may charge you several times. Not only this access your loan amount can also be a tedious task when it comes to banks.

Finaxar fixes all these problems by providing easy solutions such as easy eligibility criteria, and higher credit limits. So that no SMEs and startups have to struggle to get funded.

 

Why is Finaxar better as one of the best small business loan companies?

Finaxar is the bridge between small business owners and cash flow gaps. It is unlike any traditional bank where there is a long process of documentation with so many terms and conditions to comply.

All you need to do is apply online for a business loan, get your credit approval within 24 hours, and pay a single fee on the drawdown amount. Banks, on the other hand, may charge you several times. Not only this access your loan amount can also be a tedious task when it comes to banks.

Finaxar fixes all these problems by providing easy solutions such as easy eligibility criteria, and higher credit limits. So that no SMEs and startups have to struggle to get funded.

 

Finaxar - #1 Solution To Small Business Loan Issue In Singapore

We all by now know that Singapore is growing at an extremely fast rate. So, giving loans to small businesses will not only further add to economic growth but also encourage people to start something of their own. As a small business, you can always look for funding through investors who are interested in your plan. But, it is a known fact that finding an investor in this tough market is like looking for a needle in the haystack.

This is where small business loan companies like Finaxar come to your rescue. Finaxar Credit Line is a savior in many ways. It helps you tackle your slow sales. Whether it is unplanned expenses or expanding to new locations, Finaxar Credit Line can help you handle any big change.

Finaxar’s rules are business-friendly, which makes it so much better than any bank or any loan shark who doesn’t care about your business.
Companies like Finaxar make it a point to understand the effort that has gone behind building a company from scratch.

This is why we, at Finaxar, welcome any small business that has generated a profitable revenue in a six month time period. It is as if the rules have been tailor-made for an SME or a startup.

Are you are a small company looking to expand, but is afraid because you need a business loan?

Worry not, Finaxar is your gateway to success and immense growth.