Business loans
Business Loans for Singapore Companies
A business term loan is the simplest loan on the market and the easiest to get wrong. The real question is not just how much you can borrow — it is what the repayment does to your monthly cashflow for the next few years.
Sized to what you can afford to repay, not the maximum on offer
- 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.
Where this facility fits
We start with the commercial problem you are solving, not with a product name.
General purpose term funding
A fixed amount drawn once and repaid over a set period, used when the need is known and finite.
Topping up an existing loan
Extra funding alongside a current loan, checked against your total commitments, not on its own.
Combining scattered loans
Replacing several small loans with one schedule, so your monthly outflow is predictable.
Bridging a known timing gap
Short-term funding where money is confirmed to be coming in but has not arrived yet.
Government-assisted schemes
If your company qualifies, scheme-backed loans can offer better terms — we assess your eligibility honestly.
First business loan
Younger companies borrowing for the first time, where having your paperwork in order matters most.
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.
Typically suited to
- 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
What we will need to assess it properly
No documents are required for the initial enquiry. Additional documents may be requested later.
- ACRA business profile
- Latest 6 months of business bank statements
- Latest financial statements or management accounts
- Directors' NRIC and latest Notice of Assessment
Term loans are offered by banks, private funders and other financing providers, and each one reads the same file very differently. Read how the three financing routes differ.
Questions business owners ask
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.
Bank said no?
A bank decline doesn’t always mean you’re out of options.
Every financing situation is different. Loura helps you understand which financing route may be suitable for your business or property — and what information lenders may need to assess your case.
- Explore different financing routes
- Understand your options before submitting
- Speak with an adviser about the next step
Loura is an advisory firm. Any financing remains subject to the relevant provider’s own assessment and criteria.
Not sure where to start?
Loura helps you identify the financing route that best matches what you are trying to achieve.
You may benefit from speaking with us if:
- You need financing for a business
- You are looking for working capital or expansion funding
- You are considering refinancing existing facilities
- You need property-backed financing
- You want to understand different financing options before applying
You may need a different solution if:
- You are looking for a purely personal loan
- Your business has not started operating
- You are looking for financing outside our available routes
This is a general guide, not an eligibility decision. If you are unsure, ask us.
Questions people ask
Will applying through Loura affect my credit record?
Speaking with us does not. A credit record is affected when a provider carries out its own checks, which only happens after you confirm a submission. That is one reason we assess your position first.
Can I approach Loura if my bank has declined my application?
Yes. A decline from one provider does not mean every route is closed. We look at why it happened and whether another structure or provider type is a realistic fit.
What types of business financing can Loura help with?
Working capital, expansion, refinancing of existing facilities, property-backed financing, trade and invoice financing, equipment and asset financing, and project or renovation financing.
Can I use property as security for financing?
In many cases, yes. Property-backed financing depends on the property type, ownership, existing mortgage and the provider's own valuation and criteria.
Can I refinance existing business or property financing?
Refinancing is one of the routes we assess. We look at your current facilities, lock-in position and repayment profile before recommending anything.
How much information do I need to provide initially?
Only enough to understand your position — typically your contact details, what the financing is for, and a broad sense of your business or property. Full documents come later, once a route makes sense.
Do I have to accept an offer if one is available?
No. You are free to decline any option presented. Nothing is binding until you sign with a provider directly.
Will my information be submitted to a lender immediately?
No. Nothing is sent to any provider without your explicit instruction. You see and approve the shortlist first.
Talk through your financing position
A Loura consultant will review your position and tell you plainly what is realistic before anything is submitted anywhere.