Business Loan Singapore
101/2026
MinLaw licence number. Verify it on the registry.
Up to $200,000
Loans sized to your turnover, not to a template.
24 - 72 hrs
Typical time from complete documents to funds in your account.
Rating 4.9
From 624 Google reviews, which you can read yourself on Google.
What you are applying for
A Business Term Loan in Singapore, Built Around Your Cash Flow
A business loan from OT Credit gives your company a fixed sum upfront. You repay it in equal monthly instalments over up to 12 months. SMEs use it to bridge late invoices, buy stock ahead of a busy season, or cover payroll in a slow month. It also helps you take on a contract that needs money before it pays.
Banks offer business financing too, but approval often takes weeks. Banks also usually ask for two to three years of audited accounts. We look at how your business actually runs: your bank statements, your receivables, and what is coming in over the next few months.
A business term loan in Singapore works best when the purpose has an end date. You know what the money is for, when it comes back, and what it costs before you sign.
If you are looking for a small business cash advance to get through a few weeks, a short-tenure business loan does the same job with a fixed repayment schedule. Tell us how long you need the money, and we will match the term to it instead of stretching it out.
At a glance
Loan Amount
Up to $200,000
Security Required
none
Tenure
Up to 12 months
Repayment
Fixed monthly instalments
Method
GIRO, bank transfer, or at the office
Early Settlement Penalty
none
Every fee is itemised in the contract before you sign. If a lender will not show you the full cost in writing, walk away.
READ THIS FIRST
Three Things to Weigh Before Taking a Business Loan
01
Borrow for a purpose, not a recurring gap.
A loan works well for a one-off need, such as a large order or a delayed payment. If the same shortfall appears every month, the real issue is usually pricing or collections. We would rather talk that through with you than lend into it.
02
Match the tenure to the payback.
Stock that sells within 60 days should not be financed over 12 months. A shorter term means less total interest, so borrow only for as long as the money is actually working.
03
Settling early costs nothing.
If a customer pays ahead of schedule, you can clear the loan with no penalty. You only pay interest for the time you had the money.
04
Tenancy agreement
For the premises the business operates from. If you trade online without a commercial lease, tell us on the form and we will let you know what stands in its place.
05
Financial statement
Prepared accounts if you have them. If the business is already established, bring the income statement and balance sheet so we can evaluate properly.
06
Business profile from ACRA
A current ACRA business profile confirms the directors, shareholding and registered address. It costs a few dollars to download and saves a second appointment.
why borrowers choose us
Why SMEs Choose OT Credit for Business Loans in Singapore
What business owners tell us made the difference, in their words more than ours.
Decisions in Days, Not Weeks
Once your documents are complete, funds typically reach your account within 24 to 72 hours. That is fast enough to accept an order you would otherwise turn down.
No Collateral Required
You do not need to pledge property, vehicles, or equipment. We may ask for a director's guarantee, and if so, we tell you at the start.
Assessed on How You Trade
Younger companies often fall outside bank criteria. We look at real cash flow and receivables, not just the age of your company.
Repayments You Can Plan Around
You pay the same amount every month, with the due date set around when your receivables usually land. That means no surprises in your cash flow forecast.
Repayments You Can Plan Around
You pay the same amount every month, with the due date set around when your receivables usually land. That means no surprises in your cash flow forecast.
A Licensed Lender, Verifiable
Our licence number is 101/2026, and it is listed on the Ministry of Law registry. We have a landline and a shopfront in Jurong East you can walk into.
Not Sure How Much to Borrow?
Borrowing too much costs you interest, and borrowing too little leaves the gap open. Call us and a loan officer will help you size the loan.
three steps
How to Apply for a Business Loan
step one
Step One: Send Your Documents
Fill in the form online and prepare your ACRA Bizfile, your last six months of company bank statements, and your director's NRIC.
step two
Step Two: Talk It Through
A loan officer reviews your application and calls you, usually on the same business day. They will confirm the amount, the tenure, and the full cost of the loan.
step three
Step Three: Sign and Receive Funds
The director signs the contract at our Jurong East office. We then release the funds by bank transfer or cheque.
One point worth being clear about
Singapore law requires every licensed moneylender to verify the borrower face to face at their approved place of business before releasing any money. For a company, that means the director or an authorised signatory. A lender that approves and pays out entirely online is not licensed.
Frequently Asked Questions?
Cannot see your question? Call 6292 0119 during opening hours and ask a loan officer directly.
A business term loan gives your company a fixed amount upfront. You repay it in equal monthly instalments over an agreed period, which is up to 12 months with us. You know the full repayment schedule and total cost before you sign.
Singapore-registered businesses can apply, including private limited companies, sole proprietorships, and partnerships. You need an active ACRA registration and some trading history. Newer businesses can still apply, since we assess actual cash flow rather than company age alone.
You will usually need your ACRA Bizfile, six months of company bank statements, and your director’s NRIC. Recent financial statements or the director’s Notice of Assessment help if you have them. Your loan officer will confirm the exact list.
You can borrow up to $200,000. The exact amount depends on your monthly turnover, your cash flow, and your existing debt. We lend what the business can comfortably repay, not the maximum it could technically qualify for.
Once we have your complete documents, funds are typically disbursed within 24 to 72 hours. Missing or unclear documents are the most common cause of delay.
No. Our business loans are unsecured. We may ask a director to provide a personal guarantee, and we will tell you before you commit.
Yes. A merchant-style cash advance usually takes a share of your daily card sales, so its cost and duration change with your takings. A business term loan has a fixed amount, a fixed schedule, and a total cost you know from day one.
Yes. There is no early settlement penalty, and you only pay interest for the period you held the loan.
Apply Now
Loan Enquiry Form
Submit your business details for a quote today. A loan officer will get back to you within one business day.
Looking for a business loan in Singapore? Fill in the form or call 6292 0119. The consultation is free, there is no obligation, and you will get a straight answer either way.