Accelerate growth with Business Term Loans
Get the capital you need to scale your business quickly and easily, with flexible term loans of up to S$1 million.
-
Apply in less than 10 minutes
-
Funds disbursed as fast as 7 days
-
Flexible tenor options up to 36 months
-
No collateral required
-
Loan quantum from S$100,000 to S$1 million
Term loans for every need
NEW
Business Term Loan PRO
-
Loan tenor from 12 to 36 months
-
Loan quantum of S$100,000 - S$300,000
-
Origination fee from 3.5%
-
Only 4 documents required to get started
Business Term Loan
-
Loan tenor up to 12 months
-
Loan quantum of S$300,000 - S$1,000,000
-
Origination fee from 5%
-
Get access to market-leading loan quantums
Get financing in 3 simple steps
Tailored for SMEs, our quick process helps you get back to business fast.
1
Apply in minutes
Apply via Elevate in 2 minutes with basic information. Loan quantums start at S$100,000.
2
Review your offer
Upon successful review, you will be issued a Letter of Offer for your acceptance.
3
Receive funds
Receive funds in your Elevate Account as soon as 48 hours after loan approval and e-signing.
Eligibility
-
Singapore registered business entities
-
Minimum 30% shareholding by a Singaporean Citizen or Permanent Resident Director
-
More than 1 year of operating history
-
Annual turnover above S$500,000
FAQs
What are Business Term Loans?
Business Term Loans are unsecured loans designed for SMEs, allowing repayments through monthly instalments. You can access loan amounts ranging from S$100,000 to S$1 million, with interest rates starting as low as 0.8% per month*.
*Final rates depend on credit underwriting.
Fulfilled by FS Capital Pte. Ltd.
What is the difference between Business Term Loan and Business Term Loan PRO?
Business Term Loan Pro is a medium-term working capital loan designed to quickly meet urgent business needs.
Business Term Loan is a flexible, short-term loan tailored for businesses looking to address both working capital and expansion needs.
What is the repayment schedule for Business Term Loans?
Repayment is made through monthly installments, which include both the principal and interest, over the loan’s tenor.
Are sole proprietorships eligible for Business Term Loans?
Unfortunately, only Singapore-registered Private Limited (Pte Ltd) and Limited Liability Partnership (LLP) businesses are eligible for Business Term Loans.
How is the interest rate calculated?
A flat interest rate is charged over the loan’s tenor, depending on your profile and requirements.
Disclaimer
Elevate's Business Term Loans are provided by FS Capital Pte Ltd ("FSC"), in accordance with Elevate Financing Terms and Conditions.
Click here to learn more.
View all FAQs
Click here to view all Elevate FAQs