Fixed Term Loan
HOW DOES FIXED TERM LOAN WORK ?
This service allows you to better manage your cash flow by receiving the required amount of working capital and repaying by fixed installment over 3, 6, 9 months.
This solution is ideal for the stronger credit profile and business with strong consistent cash flow that desires a fixed payment structure.
BENEFITS FOR BUSINESS OWNERS
- We believe in building a long-term relationship with the management teams we back.
- Our experienced team makes decisions quickly.
- You can concentrate on growing your business whilst we meet your funding requirements.
HOW MUCH DOES IT COST ?
- 2% one-time origination fee payable on signing of the loan; this is to cover administrative and legal costs.
- Fixed rate interest of 12% to 15%.
- No other hidden costs.
WHAT ARE THE REQUIREMENTS ?
- Business must be actively operational for at least 6 months.
- Businesses with strong management teams; and must be based in Singapore.
- Businesses with good consistent cash flow and preferably in the growth phase.