Business financing
Business and SME Loans, Built Around Your Company
Most SME loans go wrong because the conversation starts with a product on offer, rather than your company's actual position. We look at your bank statements, your financials and what you already owe first, then advise you on structure, amount and the right route.
Loan size follows what you can afford to repay, not a headline number
- Indicative amount
- Varies by provider — contact us for an assessment
- Interest / fee structure
- Varies by provider — contact us for an assessment
- Repayment tenure
- Varies by provider — contact us for an assessment
- Processing time
- Varies by provider — contact us for an assessment
Amounts and terms depend on eligibility and provider assessment. Response time is not approval time; no approval date is promised.
What SMEs come to us for
Tell us what you need the financing for, and we'll help you explore suitable options.
Working capital
Payroll, supplier payments, inventory and the buffer that keeps trading steady.
Cashflow support
Covering the gap between money going out and customer payments coming in.
Business expansion
New outlets, added capacity, hiring, entering a new market, or buying another business.
Existing debt and refinancing
Combining or restructuring loans so your monthly repayments become manageable.
Equipment and assets
Machinery, vehicles and plant financed against the asset instead of paying cash.
Trade and invoice cycles
Funding the gap between delivery and payment without straining your main loan.
What does it cost?
Provider interest and charges
Check whether the rate is annual or monthly, flat or reducing-balance, and whether repayments include principal. EIR, where published, is separate from the advertised rate. Allow for processing, upfront, annual, legal, valuation and early-settlement charges where applicable.
Loura service fee
Separate from provider charges; no fee is assumed in the estimate. Your adviser confirms whether a Loura fee applies and its amount before you decide to proceed. All provider charges must be confirmed in the offer.
Business Term Loan Calculator
For expansion, renovation, assets and other larger business expenses.
Repayment tenure (years)
Rate basis
- Estimated monthly repayment
- S$9,436
- Total repayment (5 yrs)
- S$566,137
- Estimated interest (5 yrs)
- S$66,137
- Upfront provider fees
- S$0
- Total estimated financing cost
- S$66,137
- Net proceeds after upfront fees
- S$500,000
Illustrative monthly repayment at 5.0% p.a.
| Amount | 3 yrs | 5 yrs |
|---|---|---|
| S$100,000 | S$2,997 | S$1,887 |
| S$300,000 | S$8,991 | S$5,661 |
| S$500,000 | S$14,985 | S$9,436 |
| S$1,000,000 | S$29,971 | S$18,871 |
Repayments include principal and interest at a constant rate. Upfront fees are paid separately or deducted, not added to the loan. This rate is not EIR.
Illustrative estimate only, using illustrative example figures (amounts, rates, LTV and fees) — not verified provider offers, a loan offer or approval. Actual rates, fees, LTV, tenure and approval depend on the financing provider and your assessment. Provider, legal, valuation and other fees are excluded unless shown. Any Loura service fee is separate and disclosed before you decide to proceed.
Who may qualify?
- How long the company has been operating
- Revenue and cashflow shown in bank statements
- Existing loans and monthly repayments
- Credit history of the company and directors
Documents
No documents are needed for the initial enquiry.
- ACRA business profile
- Latest 6 months of business bank statements
- Latest financial statements or management accounts
- Directors' NRIC and latest Notice of Assessment
Additional documents may be requested by the financing provider depending on your case.
How it works
01
Tell us what you need
A short enquiry with the basics.
02
We review your situation
We review your situation against the provider's requirements.
03
We help you explore suitable options
We explain the options that may suit you.
04
You decide whether to proceed
We do not submit an application without your instruction.
FAQ
How does a business term loan work?
You receive a fixed amount upfront and repay it in equal monthly instalments over an agreed period, usually one to five years. Each instalment covers part of the loan plus interest.
Can I repay the loan early?
Usually yes, but some providers charge an early repayment fee. Check the facility letter before signing so you know the cost of settling early.
What do banks usually look for?
Most banks want to see at least one to two years of trading, steady revenue, healthy bank statements and a clean repayment record for the company and its directors. Each bank sets its own criteria.
Ready to explore your financing options?
Tell us what you need and a Loura adviser will contact you.