1. Eligibility for Short-Term Bridging Loans in Singapore
Short-term bridging loans provide fast financial relief, but understanding bank requirements can be tricky. LoanOwl simplifies the application process, handling each step with the bank for you. We respond within 3-4 hours to get you short-term funding quickly.
2. What is a Short-Term Bridging Loan?
A bridging loan is designed to cover immediate needs, ideal for managing short-term cash flow gaps. Flexible repayment terms make it easier to address urgent financial demands.
Free Consultation Available3. Why Choose LoanOwl?
With LoanOwl, applying for a short-term bridging loan is quick and convenient. Our team manages every step with the bank, allowing for a fast and simple application process.
4. Interest Rates for Short-Term Bridging Loans
We offer personalized rates for short-term bridging loans based on your financial profile. LoanOwl connects you with multiple banks, ensuring you get competitive rates and flexible terms.
5. Can I Get a Bridging Loan with Other Financial Obligations?
Yes, you can apply even if you have other commitments. LoanOwl works to help clients secure financing that meets immediate needs while managing current obligations.
FAQ
- How Long Does It take for a Loan To be approved?
- Depending on the application the loan approval process will take between 3 to 10 working days
- What is the interest rate that I can expect?
- For the Micro Loan scheme, you can expect an interest rate from 3.7% flat per annum. You can pay off the loan at any point of time and the interest will be pro-rated
- How do I know which loan I Quaify for?
- If you are a Singapore incorporated company, you can potentially qualify for business financing, no matter how long your company has been incorporated. To know your options simply enquire here or call us.
- Which lenders do you work with?
- We work with all local and foreign banks in Singapore, Private Financiers and other lenders.
- How do I get started with an application?
- Simply enquire here, or drop us a call.
