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Business owner comparing SME loan rates from 45+ lenders in Singapore
Personal Loans
with fast approvals
0 docs
verification only upon approval
0.5%
cashback on your loan amount*

Explore the Best Loan options from:

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& more...
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Member of:
$0$100,000
1 month24 months
1%4%

Expected monthly repayment

$2,908.35
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Important Loan Information

Repayment period
3–84 months
Maximum interest rate
4% per month on a reducing balance
Administrative fee
Up to 10% of the loan principal
Maximum APR
48% p.a.

Representative example : For a S$1,000 loan over 3 months at 4% interest per month, monthly repayment is approximately S$360.35 and total repayments are approximately S$1,081.05. If a 10% administrative fee applies, S$100 is deducted upfront, so the borrower receives S$900. Total borrowing cost including interest and the administrative fee is approximately S$181.05.

Actual rates, fees and repayment terms vary depending on lender and borrower eligibility.

Why Choose Lendingpot

We are providing a new solution to an age-old problem.
Fast Approvals
70% of eligible applications receive offers within 60 minutes.
Real-time Updates
Fully automated with WhatsApp Business API to keep you informed at every step.
Human Expertise
A dedicated support team is available to provide top-class advisory and clear expectations.
Broad Network
Access 70+ licensed lenders with a single, secure digital request.
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Frequently Asked Questions About Personal Loans In Singapore

Have a different question? View all FAQs here
Am I eligible for a personal loan?

The ultimate loan approval is always contingent upon the internal regulations, procedures, and eligibility standards of each loan source. As a result, it is challenging to determine your eligibility for a final loan prior to using our application form. We boost your chances of acquiring a loan by working with several banks and financial institutions; even if one bank rejects your application, you still have a strong chance of getting accepted by others.

However, in order to apply with Lendingpot, you must meet these minimal requirements:

  • You must be between the ages of 21 and 70.
  • You must have a monthly salary of at least $2,500.
  • You must be a Singaporean with a salary, a PR, or an EP holder.
What is the maximum amount I can borrow for my business?

In Singapore, you can typically secure a start-up business loan of up to 8x your monthly income if you earn above S$30,000 annually.

Does a personal loan affect my ability to get a home loan?

Yes, it affects your TDSR. However, taking a smaller loan to preserve your cash buffer for a down payment is often a smart "Optimiser" move.

Can I get a startup loan if my company is less than 6 months old?

Yes. While traditional banks prefer a 2-year track record, our platform connects you to lenders who specialise in directors with a strong personal income (NOA).

How do I qualify for the 0.5% cashback reward?

Apply through Lendingpot. Once your loan is successfully disbursed, you receive an exclusive 0.5% cashback on your total loan amount (capped at S$1,000).

Still have doubts?
Let us help!

We’re happy to address any doubts you may still have. Let us know in the message box or simply book an appointment with us below. If you would like to be kept updated on the most recent developments in the SME and personal loan market, join us in our mailing list.