Business Loan Singapore Comparison

Free online loan assessment tool

Compare multiple loans from all banks at once

Business loan in Singapore is offered by over 20+ banks and financial institutions.

Different banks' criteria, rates and products are different. You need not call up every bank to source for the best offer.

Simply use this free online loan assessment tool to compare all SME business loans instantly!

Compare Best Business Loans
See All Loan Options Instantly!

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Which Bank Has Lowest Business Loan Interest Rate?

Typical unsecured business term loan interest rate range between 7% to 12% p.a. effective rate. Different banks and small business loan products bear different rates.

Use our loan calculator to check indicative monthly installment and repayment table.

Compare Best
Business Loans
In Just 3 Steps

  • Step 1

    Enter your business name & email in the form.

  • Step 2

    Take 1 minute to input information. System will generate indicative banks your business might be eligible for.

  • Step 3

    See all your financing options instantly!

Business loan requirements

Minimum annual revenue of $200K

Minimum average daily bank balance of $10K

Operating for at least 6 months to 1 year

Bank loan for business criteria and documents required are different across all financial institutions.

Use a loan assessment tool to check your financing eligibility and best rates before application.

SME Loan Financial Institutions

Best business loan in Singapore

Which bank is best for business loan? Here are some popular banks' corporate loans:

Name Business Term Loan Business First Loan BizMoney Business Term Loan
Interest Rate Not published Not published 10.88% p.a. Not published
Loan quantum Up to S$500,000 Not published Up to S$350,000 Up to S$500,000
Repayment period Up to 5 years Up to 4 years Up to 5 years Up to 5 years
Facility fee Not published 2% of loan amount 2% of loan amount Not published

Aside from these banks, there are more than 20 over financial institutions in Singapore that you can apply SME loans with.
Try out our free online loan assessment tool to see your best financing options instantly.

Join hundreds of SMEs just like yours who entrusted us to help grow their business


Fast efficient response

We are very satisfied with the service and capability of Linkflow Capital in assisting with our company’s expansion. They have provided us clear financing solutions with fast response and turnaround time.”

Mr Frankie Gwee
Tuan Yuan Pork Ribs Soup
(F&B restaurant)


Trusted advisor

Linkflow Capital has assisted our company with trade financing, enabling a 300% revenue growth in 2 years. They are our trusted advisor and served us with efficiency and honesty over the years.”

Mr S.S. Lee
Powerzone Technologies
(Engineering & trading firm)


Sincere customer service

“Linkflow Capital has helped us identify facilities suitable for our company’s growth. The consultant is sincere, efficient and provided prompt follow up service.”

Mr Toh
WaWe Design
(Reno & ID firm)

Linkflow Capital is a member of


Professional consultant

"The consultant’s service exceeded my expectations. He is professional and provided me with useful insights. I would gladly recommend Linkflow to anyone looking for a professional who knows their stuff and can deliver."

Mr Wong
Hola Pte Ltd
(Retail and e-commerce)


Flexible solutions

"Ben is a professional and exercised flexibility in our engagement. Others have approached us but we choose to stick with the consultant. He delivered beyond expectations and justified our decision."

Mr Phua
Rave International Group
(Events company)


Trustworthy and reliable

“Linkflow Capital is our long-term partner, supporting the growth of our company from the start. They are trustworthy, reliable and responsible, key qualities why they are my sole and preferred finance consultant over the years.”

Mr Kamesh
Appali Engineering Pte Ltd
(Construction company)

Free Loan Assessment

Enter your business name & email below to see all your best SME business loan options instantly!

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Frequently Asked Questions

Applicant business must have minimally 30% local shareholdings and operating history of minimum 6 to 12 months (preferably 2 years). There are many other credit criteria involved in credit assessment. SMEs can apply with various banks directly or seek advice from a competent financing consultant.

Maximum SME loan amount is between S$300K to S$500K for most banks. Loan quantum is dependent on business's revenue, debt leverage and credit profile. Different banks' credit assessment criteria differs.

Most banks do not offer startup business loan. Your business must be minimally 6 to 12 months old to apply for financing. Qualified SMEs can consider to apply for the Temporary Bridging Loan or SME Working Capital Loan.

Most banks require latest 6 months bank statements, latest 2 years financial report and director's NOA. Additional documents that could be requested include AR and AP ageing list, supplier and customer invoices, existing banking facilities list and GST returns (if applicable).

Application usually takes 2 to 3 weeks to be processed once required documents are in order. For weaker or complicated cases, application could take up to 4 weeks. Apply through an experienced SME loan consultant to save on processing time.