Business Loan for Local Singapore SMEs
Starting and running a business in Singapore is tough. Things have not been made easier by the global uncertainties and the economic slowdown in China. Faced with other global shifts such as Brexit, businesses in the country have an even harder time today. At SpeedCreditSG, we are determined to help businesses meet their goals through our flexible business loans. Our mission is to give a boost to businesses in the country to expand and optimize their operations through easy financing. Our loans for businesses are suitable for any industry including technology, healthcare, restaurants, manufacturing among others.
We appreciate that the existing financial environment makes it even tougher for businesses to access credit. Banks are even more stringent with their money and their conditions are unattainable by small businesses in the country. SpeedCreditSG is providing a legal alternative to traditional lending for businesses that are looking for financing. We appreciate the important role small businesses play in the economy and we are committed to helping them expand or at least status quo. Our business loans are designed to spur growth in local companies, as this will in turn improve the national economy.
A 2011 study in The Entrepreneur shows over 80% of all small and medium businesses fail within the first two years. The main problem according to the findings is limited cash flow. Our SpeedCreditSG business loans are designed to help make sure your business does not fail due to cash flow reasons. Having established our business in a volatile economic period we appreciate how hard it is to access capital in the formative years of your business operations.