Property Financing or Property Cash Out refers to the usage of private residential or commercial property in Singapore, which is under your personal name, as collateral for a business loan. Lending institutions usually offer a loan amounting to 80% of the property value. The loan tenure can be 1 to 20 years with the repayment structured accordingly into monthly installments.
Property Financing allows business owners the flexibility of using cash that is tied up to a property without having to sell off the property and without having to wait to find a buyer for the property.
The financing specialists at Finnacle can find you a business loan in quick time, with full documentation guidance and at a dependable success rate.
Finnnacle's Loan Approval Success Rate
1. We know the lenders and eligiblity criteria
Capital financing can be a tricky affair. Finding the right lender and loan product can be as confusing as the documentation requirements and eligibility criteria for business loans. We will help you navigate the process seamlessly.
2. We have direct contact with the lenders
Our financing experts has extensive experience in working directly with all the leading lenders in Singapore such as Standard Chartered, Bank of China, DBS, Maybank, UOB, BEA, OCBC, CIMB, Citibank, RHB, ORIX, HONG LEONG Finance and SINGAPURA Finance.
3. We know the numbers as well as the paperwork
Navigating the sea of paperwork requirements such as bank statements, financials, identification documents etc. is one thing. Finding the right lender and loan product with the friendliest interest rate is all together another thing. We can find you the right business loan at a rate as low as 3%.