Non-Collateral Funds

An unsecured loan is supported only by the borrower’s creditworthiness, rather than by any collateral, such as property or other assets. Unsecured loans are riskier than secured loans for lenders, so they require higher credit scores for approval. But laws protect borrowers from discriminatory lending practices.

Products: Business Loans, Business Credit Line, Personal Loans, Personal Advance Card

• Up to S$50 million per company/ individual
• Processing time 1-2 weeks
• Interest rates from 0.5% per year
• Tenure up to 7 years