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Terms & ConditionsAnnual Interest Rate
Max Loan Amount
Processing Fee
Monthly Repayment
Apply NowFunding Societies is a leading digital financing platform in Southeast Asia, offering accessible funding solutions tailored for small and medium enterprises (SMEs) in Singapore. Their working capital loan is a short-term financing option designed to support business cash flow, cover operational expenses or fund growth initiatives without the burden of rigid collateral requirements.
With a fixed annual interest rate of 12% and a processing fee of 7%, the loan caters to businesses seeking quick access to capital with minimal red tape. Notably, Funding Societies imposes no minimum operational years requirement, making it ideal for startups and younger businesses that may not qualify for traditional bank loans.
The loan offers flexibility with a maximum loan amount of S$150,000 and a tenure of up to 1 year. There are no annual fees, lock-in periods or penalty charges, making it a transparent and predictable financing option for SMEs. Whether you’re managing seasonal fluctuations or accelerating growth, this loan is structured to meet the dynamic needs of modern businesses.
Fixed Interest Rate at 12% p.a.
The Funding Societies working capital loan offers a flat annual interest rate of 12%, allowing businesses to plan repayment costs with full transparency. This predictable structure is ideal for managing short-term financing without unexpected cost hikes.
Short-Term Flexibility
With a maximum tenure of just 1 year, the loan is structured for fast repayment cycles. This makes it a strong fit for SMEs seeking quick working capital boosts without being tied to long-term debt commitments.
Generous Loan Cap
Eligible businesses can borrow up to S$150,000, a substantial amount for handling cash flow gaps, supplier payments or inventory expansion. This upper limit provides room to act decisively on growth opportunities.
Low Entry Barriers
There are no minimum operational years required, making the product accessible to newly incorporated businesses. This is a rare advantage in Singapore’s financing landscape, where most lenders require at least 1–2 years of incorporation history.
| 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 13 Jan 2026 - Loan Amount Example S$150,000 In 5 Years
Begin your application through the ROSHI marketplace. Select the Funding Societies working capital loan and proceed with the online pre-qualification form.
Applicants will need to provide essential business documents, including:
– ACRA business profile
– Latest 6-months’ bank statements
– NRIC or passport of directors and guarantors
– Financial statements or management accounts (if available)
– Digital submission is supported to streamline the process.
Once documents are submitted, Funding Societies typically provides a preliminary approval or feedback within 1–2 working days. This includes loan amount eligibility and terms based on your submitted financials.
Upon approval, businesses will be issued a digital loan agreement to review and sign. After signing, funds are disbursed directly to the business bank account, often within 24 to 48 hours on working days.
This fast, paperless application makes Funding Societies a preferred choice for SMEs seeking quick access to working capital without lengthy delays.
Pre-approval typically within 1–2 working days and loan disbursement in as little as 24 hours, making it ideal for urgent financing needs.
Startups and newly incorporated businesses can apply, a major advantage over traditional bank loans that usually require 1–2 years of operational history.
Borrowers have the freedom to repay early without any penalties or lock-in period restrictions.
Simple fee breakdown: 12% interest and 7% processing fee, with no annual fees or hidden charges.
Loan tenure capped at 1 year, which may not suit businesses needing longer-term financing.
A 7% processing fee is relatively steep compared to traditional banks or government-backed loan schemes.
