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Terms & ConditionsAnnual Interest Rate
Max Loan Amount
Processing Fee
Monthly Repayment
Apply NowEthoz Capital is a leading non-bank financial institution in Singapore, known for offering accessible financing solutions to local SMEs. With over 40 years of industry experience and strong regional backing, Ethoz is a reliable option for businesses seeking fast, unsecured funding without the complexity of traditional bank loans.
Its business term loan (BTL) is designed to support working capital and business expansion needs, especially for SMEs with limited operating history. The loan offers financing of up to S$1 million, with a straightforward application process that typically requires just three months of bank statements and basic company documents. Approval can be granted in as little as one week, making it a practical choice for time-sensitive needs.
The BTL currently features an Effective Interest Rate (EIR) of around 7% – 10%, though rates are customized based on your business’s credit profile, financials and loan amount. Processing fees usually range between 1.25 % and there are no early repayment penalties, providing greater flexibility and transparency for borrowers.
Interest Rates
Interest rates for Ethoz Capital’s BTL are typically around 9% EIR per annum, with actual rates depending on your company’s credit score and financial documents. The pricing is transparent and there are no early repayment penalties, giving SMEs added flexibility.
Loan Amount
Loan amounts can go up to S$1 million, offering generous headroom for capital-intensive businesses. Ethoz is also open to working with businesses that have a limited credit history, making it more inclusive than many banks.
Repayment Terms
Repayment terms range from 12 to 60 months, letting companies structure payments according to their financial capacity. Longer repayment options ease monthly burdens but may result in higher total loan costs.
In conclusion, Ethoz Capital’s BTL is a strong option for SMEs with larger funding needs and a preference for flexible repayment periods. It is particularly attractive to growing businesses that need higher loan limits without pledging collateral.
| Lender | Annual Interest Rate | Processing Fee | Annual Fee | Monthly Repayment |
|---|---|---|---|---|
| Anext | 7%-10% | 1% or S$200 | No | $2,970.18 |
| DBS | 7% | 1% | No | $2,970.18 |
| Maybank | 7%-10% | 1-2% | No | $2,970.18 |
| OCBC | 7% | 1-2% | No | $2,970.18 |
| Orix | 8.5 % | 1-2% | No | $3,077.48 |
| Ethoz | 7-10% | 1.25% | One time off $1,500 Commitement Fee | $2,970.18 |
| Funding Societies | 9.6 % | 4% | No | $3,157.61 |
| SCB | 9.00 % | 1-3% | $288 | $3,113.75 |
* Rates Updated 12 Jan 2026 - Loan Amount Example S$150,000 In 5 Years
Submit an online request form or speak directly to an Ethoz financing advisor.
Prepare and submit NRIC of business owner(s), ACRA profile and 3 months of bank statements.
Ethoz assesses your company’s risk level, repayment ability and loan amount requested.
Receive feedback within 5–7 working days.
Upon acceptance of the terms, the loan is disbursed directly into your business account.
Borrow up to S$1 million to fund larger business needs.
Choose terms from 12 to 60 months based on your cash flow.
Only 3 months of bank statements needed for initial application.
Repay early without extra charges.
EIR typically starts around 9%, which may be higher than bank loans.
Takes up to 7 working days for full approval.
