Alexandra is located in Bukit Merah in the south of Singapore’s Central Region. Although primarily a residential area, Alexandra is also home to industrial and automotive giants situated in Alexandra Road.
Summary of Top Legal Money Lenders of 2021
Fortune Credit Pte Ltd is a licensed moneylending company with branches in Bugis, and Bras Basah, Singapore. It offers personal loans, business loans, foreigner loans, wedding loans, renovation loans, payday loans etc. The moneylender provides free consultation and quotes and low interest rates from 1% to 4%. It also offers unsecured loans and flexible repayment options.
470 North Bridge Road #02-01A Bugis Cube Singapore 188735
GM Creditz PTE Ltd. is a company that offers monthly loans, foreigner loans, business loans, payday loans, and personal loans in City Hall, Singapore. The licensed moneylender charges no hidden fees, and offers flexible repayment plans and 30-minute preliminary loan approval process for online applicants.
111 North Bridge Road #01-41, Peninsula Plaza, Singapore 179098
A1 Credit SG Pte Ltd offers personal loans, foreigner loans, business loans, payday loans in Havelock II, Singapore. They offer loans for Singaporeans whose minimum monthly income is $1,500 and for foreigners whose minimum monthly income is $2,000.
2 Havelock Road #02-08 Havelock II Singapore 059763
365 Credit Solutions Pte Ltd offers different types of loans including personal loan, payday loan, foreigner loan, and business loan. They have competitive rates of up to 1 percent per month with loans processed within one hour.
14, Scotts Road, #03-64, Far East Plaza, Singapore 228213
Since 2007, Bugis Credit Pte Ltd is a licensed money lending company that offers personal loan, payday loan, business loan, and foreigner loan in Bugis Cube, Singapore. Those with a minimum income SGD 2,000 can avail of their personal loan solutions.
470 North Bridge Road #02-12 Bugis Cube Singapore 188735
Raffles credit is a company running in Singapore since 2011. They provide personal, business, payday and foreigner loan. They approve loans as fast as in 1 hour, subject to approval. They charge up to 4% of the rate of interest on any loan provided.
17A Circular Road Singapore 049373
Most visit the area for its IKEA store, but residents and tourists may also flock Alexandra’s scenic parks, busy shopping centres, and exciting restaurants.
What is SME Business Loan and how it works?
If you’re a small to medium-sized (SME) business owner in Alexandra needing some boost to your company’s finances, why not take out a SME business loan?
For starters, a SME business loan is a form of external funding to finance small and medium-sized enterprises.
Like a personal loan, this type of loan consists of a fixed lump sum that must be repaid together with corresponding interest payments within a certain period.
Advantages of taking SME business loan with a moneylender
Although the traditional route would be to go to a bank, licensed moneylenders in Singapore are quickly rising as trustworthy sources for individuals and businesses alike for personal and business loans due to the following reasons:
1. Low Credit Score? No Worries!
Unlike banks, moneylenders will not be very bothered with a low credit score. Your company’s current ability to repay the loan amount matters the most.
2. Faster and Shorter Transactions
After submitting the relevant requirements, you can expect the moneylender to release your loan within hours! This feature can assist your SME to pay off a maturing debt or support a crippling cash flow.
3. Customised Loan Packages and Repayment Plans
Moneylenders personalize their loan packages and repayment plans according to your business’ specific circumstances versus a bank’s uniform requirements.
How to apply?
To be eligible for an SME business loan from licensed moneylenders, you must prove that your business (1) is registered in Singapore, (2) has been operational for at least one year, and (3) has a minimum turnover of $60,000 per year.
You need to prove eligibility by providing your moneylender with the following documents:
- All directors and partners NRIC
- Recent information report (Business Profile) from the Accounting & Corporate Regulatory Authority (ACRA)
- Recent Income tax assessment notice (both personal & from the company)
- Recent financial statement
- Recent invoices or business contracts
- Recent utility bills under the company name
- Recent six-month bank statements
- List of assets owned by the company, directors & partners (if any)
- Office/shop tenancy agreement (if any)
How can our company help you? Why us?
We at Moneylender Review are committed to bridging the gap between moneylenders and borrowers.
We have the most updated directory of the best licensed moneylenders in Singapore. Our loan comparison service only displays the loans that are right for your needs. Plus, you will get personalised loan quotes from multiple licensed moneylenders all at once!
We guarantee a convenient and hassle-free experience in getting you the best loan for your business through our three-step process!
- Submit a loan application form.
- Receive your personalised loan quotes.
- Visit the Licensed Moneylender office to sign the papers and secure your loan!
List of Money Lenders in Alexandra
No licensed money lenders found in the area
- Beach Road
- Boat Quay
- Bukit Merah
- Bukit Timah
- City Hall
- Clarke Quay
- Holland Village
- Little India
- Raffles Place
- Paya Lebar
- River Valley
- Potong Pasir
- Serangoon Road
- Tanjong Pagar
- Telok Blangah
- Toa Payoh