ANEXT Bank Business Term Loan (January 2026)
(Product review)

Current Anext Business Term Loan Rate

Product Review

ANEXT Bank, a digital wholesale bank licensed by the Monetary Authority of Singapore (MAS), offers a flexible Business Term Loan designed to support SMEs and startups in managing their cash flow, expansion plans and working capital needs.

With a loan amount of up to S$500,000 and tenure options of up to 5 years, ANEXT Bank’s term loan is well-suited for businesses seeking mid-to-long-term financing. The interest rate ranges between 7% and 10% per annum, providing a transparent and predictable cost structure.

Singapore’s Favourite
Loan Marketplace

Up to 1% Cashback*

$100 Grocery Voucher*

Quick 5 Minutes Approval

How much do you want to borrow?

$50,000

$500,000

Over what period would you like to pay?

1 Month

60 Months

Your monthly payment

337

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Rate Disclaimer*

Based on a $20,000 loan at 6.95% APR over 5 years, total repayable amount is $26,940 with $449 monthly payments. Your personal APR will be provided upon application completion. Loan terms available from 3 to 72 months. Maximum APR 8.88%.

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*Based on a $20,000 loan at 6.95% APR over 5 years, read more total repayable amount is $26,940 with $449 monthly payments. Your personal APR will be provided upon application completion. Loan terms available from 3 to 72 months. Maximum APR 8.88%. show less

What makes this loan offering particularly attractive is its no annual fee policy, no penalty fee and no lock-in period, which grants businesses the financial freedom to repay early without incurring extra charges. Additionally, the processing fee is competitively structured at 1% or S$200 making it accessible for both small and medium-sized enterprises

ANEXT bank’s business term loan also stands out for its minimal eligibility requirements, requiring no minimum turnover or years of incorporation. This positions it as a viable financing solution not only for established SMEs but also for newly incorporated entities and entrepreneurs looking to grow.

In a sample scenario with a loan amount of S$100,000, at a 7% annual interest rate over 5 years, the monthly installment would be approximately S$2,066.14, with a total repayment amount of S$123,968.54. This makes it a predictable and manageable financing choice for businesses seeking to scale operations or maintain liquidity.

Key Factors

Interest Rate
ANEXT Bank applies a fixed yearly interest rate between 7% and 10% depending on each borrower’s credit standing along with the level of risk involved. The clear rate structure helps businesses plan their financial commitments more accurately while ensuring they can evaluate repayment capacity across the entire loan term.

Loan Amount & Tenure
The available financing ranges from S$5,000 up to S$500,000. This allows companies to select an amount that fits their operational goals whether for expansion, purchasing new equipment or supporting working capital. The repayment period can go up to five years which gives flexibility to manage cash flow. Borrowers may select shorter terms to clear debt faster or extend up to 60 months for smaller monthly payments.

Repayment Structure
Repayment follows a fixed monthly installment plan. For instance, taking a S$100,000 loan at 7% interest over five years would require a monthly payment of about S$2,066.14 with a total repayment of S$123,968.54. The amortized structure makes budgeting easier and supports steady financial planning.

Processing Fee & Charges
A single processing fee of 1% or a minimum of S$200 is deducted when the loan is released. There are no yearly maintenance costs, no penalty for early settlement and no lock-in requirement. This helps borrowers save on unnecessary expenses while maintaining payment freedom.

Digital Experience & Speed
ANEXT operates entirely online with automated credit evaluation and rapid fund transfer. The digital setup benefits businesses that need quick access to financing without delays or lengthy paperwork.

In conclusion, the ANEXT Business Term Loan offers a reliable and transparent financing option that suits the evolving needs of small and medium-sized enterprises. The streamlined online process ensures both flexibility and efficiency for modern businesses.

ANEXT Bank Fees

ANEXT Bank adopts a cost-transparent approach with its business term loan, eliminating hidden fees and reducing the cost burden on borrowers.

• Processing Fee: A one-time processing fee of 1% of the approved loan amount or S$200, whichever is higher, is charged at disbursement. This fee is deducted upfront from the loan principal.
• Annual Fee: There is no annual fee applicable throughout the loan tenure, enhancing long-term cost efficiency for SMEs.
• Late Payment Fee: ANEXT Bank does not impose a penalty fee for late repayment, which is rare among business lenders. However, interest on overdue amounts may still accrue.
• Early Repayment Fee: The loan has no lock-in period, meaning borrowers can repay the loan early without incurring any prepayment or early settlement fees. This provides greater financial flexibility for businesses with improving cash flow or access to alternative capital.
• Miscellaneous Charges: As of the latest policy, no additional administrative or maintenance fees are charged beyond the processing fee. However, businesses are encouraged to review the terms during application to stay updated on any policy changes.

This fee-light structure makes ANEXT Bank’s Business Term Loan highly accessible and cost-effective, especially for SMEs, startups and early-stage businesses seeking affordable financing without long-term commitments or punitive penalties.

Overview of Interest Rates

ANEXT Bank designs its business term loan to serve small and medium-sized enterprises at every growth stage including startups as well as young companies. The entry requirements are kept minimal which makes it one of the most accessible business financing choices in Singapore.

General Eligibility Criteria:

• Business Entity Type: The applicant must be a company registered in Singapore. Eligible entities include Private Limited firms (Pte Ltd) and Sole Proprietorships.
• Business Incorporation Age: There is no minimum period of operation required. Even newly established companies are qualified to apply.
• Minimum Turnover: No specific revenue threshold is needed. This makes the loan suitable for ventures that are just beginning operations.
• Ownership: At least half of the business ownership must belong to Singapore citizens or permanent residents.

Additional Requirements:

• Business Bank Account: Applicants must have an active corporate bank account for fund disbursement and repayments.
• Credit Assessment: While there are no strict financial thresholds, creditworthiness and financial health will still be assessed using both traditional and alternative data points, including transactional history, cash flow patterns and digital business footprints.

This open and inclusive eligibility framework demonstrates ANEXT Bank’s dedication to promoting financial inclusion. It particularly benefits underserved business groups such as micro-enterprises, self-employed professionals and founders in the early growth stages.