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Equipment Loan
Equipment Loan
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What is an Equipment Loan?

Equipment loan provides a business with access to capital to purchase equipment and in turn, the equipment will secure the loan as a collateral. This would mean that the lender reserves the right to seize and liquidate the equipment in the event of default.

 

Lenders consider the nature of the equipment, the creditworthiness of the borrower, and financial ratios when evaluating equipment loans​.

Basic Requirements
  • Company registered and operating in Singapore

Loan Details
  • Loan Amount: Up to 90% of the equipment value 

  • Repayment Period: Up to 5 years

  • Interest Rates between 1.8% to 2.5%

  • Applicable for New or Used equipment

Our finance consultants have processed hundreds of applications for business loans, we can help you reduce processing time, compare to get the lowest rates and maximize your financing amount. 

Would you like to get yourself assessed for eligibility?
Fill in a form and find out more about your options.