How are we performing :
WELOAN is a ACRA registered company whom sole business objective is to help SMEs in Singapore to secure best business loans for them. We are compliant to Singapore law and regulatory requirement.
We will never ask you for upfront fee before you get your loan. You wont have to pay anything to us before your funds are approved.
This is not a marketing strategy, you can get a Temporary Bridging Loan from as low as only 1% per month.
We know it is not easy to be a entrepreneur. We are a SME based in Singapore and working towards greater good for fellow SMEs in Singapore.
- We’ll handle the entire loan application process
- Get competitive payment terms and rates
- Access alternative financing options in case of initial bank disapprovals
- Get the right financial tools & products to achieve your business long-term goals
HOW IT WORKS?
Apply online, all we need at this moment is very basic information of you and your business.
Our business consultant will get in touch with you within 24hrs to understand your financial needs and will advise the type of business funding solutions most suitable for your company.
Prepare and submit the documentations required. Typically, we need the business financial information, bank statements, sometimes we need invoices and purchase order from your supplier and customers.
Once the necessary information is collated, we will review the data and feed the information to a credit review system. This process is done in our office and no action is needed at your side.
With the credit assessment scoring result, we will issue an in-principle approval for the business loan. Upon receiving the in-principle approval, our business consultant will explain all the terms and conditions to ensure you are completely comfortable before proceeding to the next step.
We will make an appointment with you to meet you in person and will present the documents to you.
Once the documents is signed, the deal is done and the funds will be transferred to your corporate account shortly.
SHOULD YOU APPLY?
- Are you a Singapore company ( Private Limited, Sole Proprietor ) ?
- Is it Singaporean owned with at least 30% shareholders?
- Is the company an active business for the last 12 months?