Updated July 14, 2025
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Terms & Conditions
Annual Interest Rate
Max Loan Amount
Processing Fee
Singapura Finance offers a competitive temporary bridging loan designed to provide quick and flexible financing solutions for individuals and businesses in need of short-term funds. This loan is ideal for those looking to bridge financial gaps before securing long-term financing or while managing short-term cash flow needs.
The loan comes with a straightforward interest rate of 5% per annum, making it an affordable option for borrowers seeking a reliable temporary solution. The maximum loan amount is S$500,000, providing ample financing for various personal or business purposes. With no annual fee and no lock-in period, this loan offers flexibility and ease of access, with borrowers able to repay their loan within a maximum tenure of 5 years.
Singapura Finance’s temporary bridging loan is available to both individuals and businesses, with no minimum income or credit score requirements, making it an accessible option for a wide range of applicants. The processing fee, which ranges from 1% to 2%, is relatively low compared to other lending options, ensuring that borrowers can access funds without excessive costs.
A notable feature of this loan is its competitive monthly instalments, with a sample principal loan amount of S$100,000 resulting in a monthly repayment of S$1,887.12. This predictable repayment structure helps borrowers manage their finances more effectively.
Overall, Singapura Finance’s temporary bridging loan offers a compelling option for those in need of temporary financial support, combining competitive interest rates, flexible terms, and affordable repayments.
Interest Rate and Total Interest
Singapura Finance’s temporary bridging loan offers an annual interest rate of 5%, which is highly competitive for a short-term financing option. Over the course of a 5-year tenure, this interest rate results in a total interest payment of S$13,227 for a principal loan amount of S$100,000. This ensures that borrowers have a predictable cost of borrowing, allowing them to plan their finances more effectively.
Flexible Loan Amount
The temporary bridging loan from Singapura Finance offers flexibility in the loan amount, with a maximum loan limit of S$500,000. This makes the loan suitable for both individual borrowers and businesses with varying financial needs, providing access to a substantial amount of funding.
Loan Tenure and Repayment Flexibility
With a loan tenure of up to 5 years, borrowers have the flexibility to choose a repayment schedule that aligns with their financial capacity. This long tenure makes it easier for borrowers to manage monthly payments, which start at S$1,887.12 per month for a S$100,000 loan. It ensures that repayments remain manageable without placing undue strain on the borrower’s cash flow.
No Annual Fee and Lock-In Period
Singapura Finance’s temporary bridging loan does not come with an annual fee, which is an attractive feature for borrowers looking for cost-effective solutions. Additionally, there is no lock-in period, providing borrowers with the freedom to repay the loan early without incurring additional charges or penalties.
Minimal Entry Barriers
With no minimum loan amount and a modest eligibility requirement in annual turnover and 3 years of incorporation, the programme accommodates a wide spectrum of SMEs, from growing startups to more established firms.
Processing Fee
The temporary bridging loan from Singapura Finance carries a processing fee between 1% and 2% of the total loan amount. This fee is applicable once upon loan disbursement, and it covers the administrative costs associated with the loan application and approval process. It ensures that the loan remains affordable, with no hidden fees throughout the loan term.
Late Payment Fee
Singapura Finance does not charge any penalty fees for missed payments, providing greater flexibility for borrowers. This feature is particularly beneficial for businesses that may encounter temporary cash flow challenges, as they will not be penalized for missing an installment. However, it is essential for borrowers to remain on top of their payments to avoid any potential negative impact on their credit rating.
No Annual Fee
Unlike many other loans, the Singapura Finance temporary bridging loan does not have an annual fee. This feature makes the loan more cost-effective for borrowers, as they won’t face recurring charges beyond the interest rate and processing fee.
No Prepayment Fee
One of the standout features of this loan is the absence of a prepayment fee. Borrowers who choose to repay their loan early will not incur any additional charges, allowing them to save on interest costs and settle their loan faster without facing any penalties.
| Lender | Annual Interest Rate | Processing Fee | Annual Fee | Monthly Repayment |
|---|---|---|---|---|
| Anext | 7% | 1% or S$200 whichever is higher | $0 | $2,970.18 |
| DBS | 6% | 1% | no | $2,899.92 |
| Maybank | 7% | 1-2% | $2,970.18 | |
| OCBC | 7.5 % | 1-2% | no | $3,005.69 |
| Orix | 8.5 % | 1-2% | no | $3,077.48 |
| Ethoz | 9 % | 1.25% | One time off $1,500 Commitement Fee | $3,113.75 |
| Funding Societies | 9.6 % | 7% | $3,157.61 | |
| SCB | 10.88 % | 1-3% | $288 | $3,252.39 |
* Rates Updated 14 Jul 2025 - Loan Amount Example S$150,000 In 5 Years
Singapura Finance’s temporary bridging loan is designed to support businesses in need of short-term financial assistance. The eligibility criteria for this loan are straightforward, ensuring that a broad range of businesses can qualify.
Minimum Annual Turnover
Businesses applying for this loan must have a minimum annual turnover of S$750,000. This ensures that the loan is accessible to established businesses with a steady revenue stream.
Minimum Years of Incorporation
To qualify, businesses must have been incorporated for at least 3 years. This requirement ensures that the borrower has a proven track record of operation and financial stability.
No Personal Income Requirement
Unlike many personal loans, the temporary bridging loan does not impose personal income requirements or assess individual credit scores. This makes it particularly suitable for businesses looking for quick access to funding without being tied to personal financial standing.
Applicable to Local and Foreign Businesses
This loan is available to both local businesses and foreign-owned businesses operating in Singapore. It is a versatile option for various types of businesses, regardless of their ownership structure, as long as they meet the minimum turnover and incorporation requirements.
Start your loan application journey with our quick online application multistep form—it takes just 30 seconds to complete. Our advanced technology and expert loan specialists work together to match you with suitable options on our platform
Our team will reach out requesting the following necessary documents: company registration information, bank statements, financial reports and your IC/FIN details.
Our dedicated customer success team will carefully examine your application, contacting you if any additional information is required. Once we’ve verified your details, we’ll begin the process of matching you with appropriate lenders and loan options.
Compare loan offers in real-time through your application dashboard. Our customer success team is available to discuss loan details.
Once you’ve agreed on the loan terms and signed the contract, you’ll receive a copy of the agreement. This document will outline your monthly payment schedule. Your funds will then be disbursed either in cash or via bank transfer.
Singapura Finance offers quick approval for the temporary bridging loan. Businesses can expect to receive approval within minutes of application submission, ensuring fast access to the funds needed to bridge financial gaps.
The loan provides flexibility with a maximum loan amount of S$500,000, catering to businesses of varying sizes and financial needs. Whether you’re a small enterprise or a larger business, this loan can accommodate diverse funding requirements.
There is no lock-in period, which means businesses are not penalized for repaying the loan early. This feature provides greater flexibility and helps businesses manage their finances without being tied down by long-term commitments.
The loan comes with a relatively low processing fee of 1% to 2%, making it more affordable compared to other financing options. This ensures that borrowers can access the funds they need without significant upfront costs.
While the loan offers flexibility, it is only available to businesses with a minimum annual turnover of S$750,000 and at least 3 years of incorporation. This means that new or smaller businesses may not qualify for the loan, limiting its accessibility to more established enterprises.
