Business Term Loan
Simple, Collateral-Free Financing for Your Business Growth
Need capital to expand, manage operations, or boost cash flow? Our Business Term Loan offers a fast, unsecured solution—no collateral needed, backed by your business’s revenue performance.
Loan terms may vary, but business term loans remain a flexible and accessible funding option for growing businesses.
How It Works
Business term loans provide a lump sum of capital upfront, which is then repaid over a fixed period (1 to 5 years). Repayments are typically made in regular monthly instalments at a fixed interest rate.
Why Choose a Business Term Loan?
Flexible, fast, and fuss-free—our Business Term Loan is a smart choice for SMEs ready to grow. Get the funds you need with a simple, straightforward application process.
Flexible Solution for Business Needs
This type of loan offers businesses a flexible solution to address a range of needs, including:
Working Capital
Expansion or Renovations
Hiring & Payroll
Purchasing Inventory
Equipment or Machinery
Loan Details
Loan Amount
Up to S$500,000
Tenure
1 to 5 years
Interest Rates
7%–12% p.a. (subject to credit assessment)
Admin Fee
1%–5% of approved amount
Repayment
Monthly fixed instalments
Loan Details
Loan Amount
Up to S$500,000
Tenure
1 to 5 years
Interest Rates
7%–12% p.a. (subject to credit assessment)
Admin Fee
1%–5% of approved amount
Repayment
Monthly fixed instalments
Minimum Requirements
- Annual revenue of at least S$200,000
- Business incorporated for 6+ months (1 year preferred)
- At least 30% local or PR shareholding
Additional Information
The information provided on this page is for general information and/or discussion purposes only and does not constitute financial, legal, or professional advice. Before making any business or financing decisions, you are strongly advised to consult with qualified independent advisors.
While every effort has been made to ensure the accuracy of the information presented, Aprove Asia makes no representation or warranty, express or implied, as to its completeness, accuracy, or suitability for any purpose.
The content is subject to change without prior notice, and Aprove Asia is under no obligation to update or correct any information that may become outdated or inaccurate.
Aprove Asia shall not be held liable for any loss or damage arising directly or indirectly from the use of or reliance on the information provided herein. Any references to specific companies, financing products, or service providers are for illustrative purposes only and do not constitute an endorsement or recommendation.
Start Your Growth Journey with Aprove Asia
Need quick access to capital while keeping your investments intact?