Fast Loans in Singapore are made possible by Finnacle Capital Solutions in partnership with 21 banks and lending institutions. At Finnacle, we can work with you closely, as well as with the participating bank or lending institution to get your business loan application processed in just 8 working days. The timeline includes all the necessary documentation review, credit assessment checks, and all other processing steps involved in the loan review process.
Finnacle is not a bank or lending institution. Instead, Finnacle works directly with Singapore's leading banks and lenders to sell their loan products. We have direct contacts in the loan processing departments of banks and lenders, so they will ensure that your loan application is processed very quickly. Also, the instant communication channel helps us to get your business loan application into the system real quick. Often, we will be able to hear feedback from the respective bank or lender's processing departments in just a few minutes.
So, how do banks and lenders process your loans? Where is all the time spent? From the loan application to document collection, processing, requests for further papers, loan decision, and loan payout, each bank and lender sets their own timeline. And they are certainly essential in trying to understand where you stand in terms of qualifying for the loan, and if you will be able to pay back the loan smoothly.
Often, our clients ask us how we are able to promise fast loans if we are an external agency sitting outside the bank or lending institution. To explain this, we will need to also explain how we work, and what we do.
Firstly, Finnacle's team consists of ex-bankers who were in the Industry for a long time. Having ex-bankers in the loan specialists team ensures that we think just like the banks and lenders who will be processing your loan application.
Secondly, we have direct contacts in the loan processing teams of 21 banks and lending institutions in Singapore. That puts us in a unique position - we can not only understand if your loan will be granted even before we submit the application, but we can also get it quickly on the processing table.
In terms of documentation, it's no secret that every bank or lender will have their own process and requirements. To get in and understand these requirements will cost you a few working days. We can help you in quickly getting the required documentation in place, so that we do not waste time with the documentation process. Often, the loan processing team will send requests for additional supporting documents when you are waiting for a verdict on the loan, and that might get frustrating. With Finnacle in the picture, this can be avoided as we will get all the necessary documentation from you before going to to the bank or lender.
Also, by finalising the bank or lender in terms of mapping your loan requirements to the appropriate loan product, we are once again saving precious time and effort.
From experience, our usual loan processing time is 8 working days, with the key promise that the entire process will be hassle-free and driven by our loan specialists and their knowledge of how the banking Industry works.
Even before you get into the loan application process, it might be useful to get a FREE credit assessment done first. This will help you understand which business loan products that you and your company qualify for. Get a FREE credit assessment done today, and we can take it from there.
Finnacle Capital Solutions seeks to contribute to the community and bring value to its customers by being a compelling financial advisory firm, while upholding the highest ethical values.
We would like our customers to enjoy exceptional services which is operated in a trust-centric and customer-friendly environment and devoid of complicated processes.
Finnacle Capital Solutions is a Singapore-based company providing financial advisory services to Small to Medium Enterprises in Singapore. Finnacle acts as an intermediary between its customers and lenders.