There are countless reasons why SME owners would apply for a business loan in Singapore. It may be because you want to take advantage of a business opportunity that rarely comes by and you have to grab that chance.  You may also need emergency funds to bail you …

You might have heard of a business loan consultant before, commonly known as a SME loan broker as well. Is it worthwhile for SMEs to engage a broker to secure a business loan in Singapore?

Applying for a SME loan could turn out to be an extremely tedious …

You are a business owner needing financing to expand your business. You have set plans to visit banks for a possible debt financing.  However, you still have doubts if applying for a business loan in Singapore is the best financing option.  While you have heard about equity financing, you …

Treating everyone equally is a noble act but in a purely commercial setting, treating every customer equally does not make good business sense.

Marketing resources are scarce and it doesn’t make sense if you set aside the same amount for every customer.  Would you allocate money for both ventures …

Obtaining a business loan in Singapore is akin to cracking the code of a puzzle game. Making the score is easier when you understand what the banks are looking at and you have good playing strategies.  Here are 6 strategies that could up your score and win a bank …

It is rational to rely on figures and metrics when making a cash flow decision.  To leave it all to gut feel won’t work.  Yet, there are business owners who keep their fingers crossed and simply hope for the best.  Anyway, the business seems to be doing fine and …

Cash transactions might one day become a relic of the past.  Many consumers nowadays prefer making purchases through credit cards, checks, and other non-cash modes because of the convenience they offer. Having your customer’s payments crediting reflected directly in your company’s accounts also helps during business loan applications.

Banks’ credit …

The need to upgrade facilities or improve business processes are some of the major decisions that may eventually fall on your lap in the course of running your own business.  But once you’re convinced that an upgrade (facilities, equipment, or technological) could improve your production or offer significant savings, …

Many small business owners in Singapore give up on their SME loan application process when challenged with too much requirements.  While there are issues beyond your control, the truth is, a lot has also got to do with how you approach the application process.

Take a look at four pitfalls …

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Among all business structures, sole proprietorships are the easiest ones to set up and operate but the flipside is, this entity type might face challenges when it comes to raising business loan in Singapore.

Why setting it up and running it is a breeze

In …