Fund your business needs
A business loan from Advance Cash provides short-term working capital — to cover operational needs, bridge cash flow, or invest in growth for your Singapore-registered business. Terms are transparent and structured around your business’s cash cycle.
A licensed-moneylender business loan is built for smaller amounts over shorter tenures than a bank term loan — it suits a specific, temporary funding need rather than long-term expansion. If your business qualifies for cheaper long-term credit from a bank or a government-assisted scheme, that will usually be the better tool; where speed and a short tenure matter more, speak with our loan officers about the amount and repayment plan that fits your operations.
Who can apply
- A Singapore-registered business with a valid UEN (ACRA registration)
- Applied for by the business owner or an authorised director
- Supported by the business’s financials and the director’s or owner’s particulars
- Directors meeting our identity and eligibility checks
Every application is assessed individually on the business’s financials and repayment ability — approval is never guaranteed.
What you get
Operations or growth
Working capital when your business needs it.
Transparent terms
Clear rates and fees, explained before you commit.
Flexible repayment
Plans structured around your cash flow.
What a business loan can cover
A short-term loan works best for a specific, temporary need that your business’s own revenue will repay.
Cash-flow gaps
Covering payroll, rent or a supplier invoice in a month where outgoings and receipts don’t line up.
Inventory and stock
Buying stock ahead of a confirmed order or peak sales period, repaid as it sells through.
Equipment repair
Fixing or replacing a critical machine, vehicle or fit-out quickly so the business keeps trading.
Bridging receivables
Working funds while you wait on customer invoices due on 30–90 day payment terms.
Seasonal working capital
Gearing up ahead of a festive or peak season, repaid from the season’s takings.
A short-term loan is not suited to covering sustained losses or servicing existing debts. If revenue cannot realistically repay the loan on schedule, borrowing more usually makes things worse — talk to us honestly about the numbers first.
What it costs
For loans to individuals — including sole proprietors, who borrow in their personal capacity — every charge a licensed moneylender may impose is capped by law:
- Interest: up to 4% per month, charged on the reducing balance — interest falls as you repay
- Approval fee: a one-time fee of up to 10% of the principal, charged only when the loan is granted
- Late interest: up to 4% per month on the overdue amount only — never on the whole loan
- Late fee: up to $60 per month of late payment
By law, the total of all interest and fees can never exceed the loan principal. Every rate, fee and instalment is stated in writing in the loan contract and explained before you sign.
Loans to companies
The law treats loans to companies differently from personal loans to individuals — the income-based borrowing caps that apply to personal unsecured loans do not set how much a business can borrow.
Instead, the loan amount and terms are assessed on the business’s financials, cash flow and ability to repay. Whatever the structure, you’ll see every term in writing before signing.
Official information for borrowers is published by the Registry of Moneylenders at rom.mlaw.gov.sg.
Documents that help
Business: ACRA/UEN business profile, recent bank statements, and financial statements or management accounts if you have them.
Director: NRIC and proof of income, as applicable.
The clearer the picture of your cash flow, the faster and more accurately we can assess your application.
You’ll bring these to your office appointment in person — you don’t need to upload or send identity documents online.
Tip: with Singpass you can obtain your ACRA business profile from BizFile (bizfile.gov.sg) and download your Notice of Assessment from myTax Portal (iras.gov.sg) before your appointment.
How applying works
- Apply through the online form or call 6737 5737
- A loan officer responds within 1 hour on working days to discuss the amount, tenure and repayment plan
- Visit us at 304 Orchard Road, #04-12/13 Lucky Plaza with your documents
- We complete our identity and eligibility checks before any loan is granted
- Sign in person with every term explained — disbursement usually follows about 30 minutes after signing
By law, a loan cannot be finalised over the phone, SMS or email — it is always completed at our office.
Quick answers
Can I repay my business loan early?
Yes. Early repayment is welcome and there is no extra cost — just let your loan officer know. Because interest is charged on the reducing balance, settling early also lowers the total interest the business pays.
How fast is the process?
A loan officer responds within 1 hour on working days. The loan itself is always completed in person at our Orchard Road office — once checks are done and the contract is signed, disbursement usually follows about 30 minutes later.
Do you take collateral?
It depends on the assessment — many short-term working capital loans are unsecured, while larger amounts may be structured as secured loans. Secured loans are not subject to the unsecured borrowing caps. Either way, every term, including any security, is set out in writing before you sign.
Related guides
Interest rates & fees
Every charge a licensed moneylender may legally impose — and the charges the law does not allow.
Is your lender licensed?
How to verify any moneylender against the Ministry of Law’s official list before your business borrows.
How much can you borrow?
The borrowing caps for individuals explained in plain language — and how borrowing as a business differs.
Ready to grow your business?
Speak with a loan officer for honest, no-obligation advice, or apply online now.