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Terms & ConditionsAnnual Interest Rate
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Monthly Repayment
Apply NowHong Leong Finance, a well-established financial institution in Singapore, offers the temporary bridging loan to support local SMEs in managing operational costs and cash flow during challenging periods. This loan is part of the Enterprise Singapore initiative and provides access to substantial financing without the burden of annual or penalty fees.
With a competitive fixed annual interest rate of 5.5% and a flexible loan tenure of up to 5 years, businesses can borrow up to S$500,000 to meet their immediate financial needs. Notably, the monthly instalment for a S$100,000 loan over the full tenure is S$1,910.12, leading to a total repayment amount of S$114,606.97, which includes S$14,607 in total interest.
This loan does not require a minimum income threshold for application, nor does it impose a lock-in period or annual fee, making it accessible and manageable for companies with a minimum turnover of S$750,000 and at least 2 years of incorporation.
Overall, Hong Leong Finance’s temporary bridging loan is a strategic option for SMEs seeking mid-term financial stability with predictable repayments and low administrative burden.
Loan Accessibility
The temporary bridging loan by Hong Leong Finance removes common entry barriers. There is no minimum income requirement and businesses only need a minimum turnover of S$750,000 and 2 years of incorporation to qualify. This ensures accessibility for a wide range of SMEs across industries.
Flexible Financing Amount
Borrowers can access up to S$500,000, allowing for flexible funding based on operational needs, from covering payroll to managing short-term expansion plans. The scalable loan ceiling makes it suitable for both small enterprises and growing mid-sized businesses.
Predictable Repayment Structure
With a fixed interest rate of 5.5% per annum and a maximum tenure of 5 years, businesses benefit from consistent monthly instalments. For instance, a S$100,000 loan comes with a monthly repayment of S$1,910.12, offering financial predictability and easier budgeting over time.
Cost Transparency
There are no annual or penalty fees and the processing fee ranges from just 1–2%. The total interest for a typical loan of S$100,000 over five years amounts to S$14,607, keeping cost projections transparent from the outset.
| 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
Hong Leong Finance’s temporary bridging loan is tailored for Singapore-based SMEs seeking short- to mid-term financing under the support of Enterprise Singapore.
Visit the ROSHI platform to compare SME loan options and begin your application for Hong Leong Finance’s temporary bridging loan. Select the relevant product listing and proceed with the guided online form.
Once initiated, applicants will need to provide key documents for identity verification and financial assessment. These typically include:
– ACRA Business Profile
– Latest 2 years of financial statements
– Latest 6 months’ company bank statements
– NRIC copies of company directors and key shareholders
– GST filings and/or Notice of Assessment, if applicable
Upon submission, Hong Leong Finance will assess your company’s financials and compliance with eligibility criteria. Processing time varies but typically takes a few working days, depending on the completeness of the documentation.
Once approved, the loan amount of up to S$500,000 is disbursed directly to the business bank account. In standard cases this can be completed within one week, allowing businesses to access funds quickly to meet urgent operational needs.
Fixed 5.5% per annum offers predictability and affordability over a 5-year term.
Zero annual maintenance fees and no charges for early repayment, enhancing financial flexibility.
Borrow up to S$500,000, giving SMEs ample funding to manage cash flow or scale operations.
Requires only 2 years of incorporation with S$750,000 in annual turnover. No personal credit score checks or minimum income requirements are needed.
A 1–2% processing fee is charged upfront, which may affect the net amount disbursed.
Unlike some digital lenders, fund disbursement typically takes a few working days post-approval.
