Need to bridge that cashflow gap for capital intensive projects, invest in product development, hire more staff or simply planning to expand your business? No problem. Here’s your chance to obtain a working capital loan at attractive, low interest rates and take your business to the next level.
What is the eligibility criteria?
To qualify for a working capital loan, your business must be registered on ACRA, with an operating history of at least 2 years, and a minimum annual revenue of at least SGD 500k.
How much can I borrow?
You may borrow up to SGD 250k for a working capital loan. Loan amount, interest rates and disbursement fee for any finance or loan request may vary and is subject to assessment by Validus Capital.
How do I apply? What is the process?
Simply get in touch with us to get started. The application process for a working capital loan typically takes less than 15 mins. Once your application has been approved and the documents verified (typically within 48 hours), your financing request will be crowdfunded by our lenders and the funds will be disbursed to your nominated account within 24-48 hours.
What documents are required to apply?
It’s easy to get started, SMEs will simply need to send in a few documents to apply for a working capital loan*
- Bank Statements (past 6 months)
- Financial Statement/ Management Account (past 1 year)
- Credit Bureau Statement (past 1 month) of Personal Guarantor(s)
- Notice of Assessment (past 1 year) of Personal Guarantor(s)
*Required application documents may vary on application based on the financing request.
For more information, please refer to our full list of FAQs.