No Waiting Time
When you apply for SME Business loan Singapore with OT Credit, there is no need to wait for weeks to get the money for your business. You can get it in as fast as 24 hours up to 72 hours upon submission of the required documents. As our payment terms are fixed and you can choose whether to pay weekly, bi-weekly, or monthly via GIRO, we are able to customise the payment plans based on your cash flow. You will not be pressured into payments within months because we understand that you need to stabilise your business hence the repayment terms can be extended to up to one year.
No Collateral Required
OT Credit’s business loan is designed to help boost your business therefore, as long as you can show the capacity of payment during the loan period, your loan application will be approved.
Personalised Plan for Your Business
OT Credit offers SME Business loan up to $200,000 but since we specialise in personalised service, we underwrite each application individually. This means that we offer you the amount and payment terms that can best support your business needs.
Where to Use the Funds
You are allowed to use the proceeds for any legitimate business purposes and the proceeds can be used to finance purchases of equipment, research and development, salaries for your staff, or as payment for suppliers.