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:
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.
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.
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).
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).
