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Short-Term Revolving Loan
What is a Short-Term
A short-term revolving term loan is a highly flexible unsecured loan based on your creditworthiness and income. You may choose to repay, draw or redraw anytime during the loan tenor.
Short-term revolving term loans are relatively easy to apply for and qualify. Funds obtained are useful for filling a short term cash-flow gap or serve as a 'standby fund'
Minimum 12 months of operating history
At least $100,000 in revenue
At least 1 Director who is Singaporean or PR
Loan Amount: Up to $200,000
Repayment Period: Credit facility available for up to 12 months
No processing or early repayment fees for some lenders
Our finance consultants have processed hundreds of applications for business term loans, we can help you reduce processing time, compare to get the lowest rates and maximize your financing amount.