Manage cash flow gaps, purchase stock, or take advantage of short-term business opportunities. Our business loans provide sole proprietors and small business owners with access to working capital, based on the business’s ability to repay — with a simpler application process and less paperwork than traditional bank financing.
What you get
- Short-term working capital
- Suited to sole proprietors and small businesses
- Straightforward, fast-turnaround assessment
What you’ll need
- Registered sole proprietorship or business owner
- 21 years old and above
- Proof of business income
These are starting requirements. Our team will confirm the documents needed for your individual assessment.
Prepare a working-capital enquiry for your business
Describe what the funds are intended for, how much is needed and when the business expects to receive income. Examples include a stock purchase or a gap between supplier payments and customer receipts. A clear purpose helps our team understand the enquiry.
Prepare information about business income and existing commitments. Consider quieter trading periods as well as expected sales when discussing repayment. Our team will confirm the documents needed to assess your particular business.
Before you decide
Our team will explain the rate, fees and repayment schedule before you sign. Verification and completion take place at our Sim Lim Square office. Sending an enquiry does not guarantee approval.
Read the borrowing FAQBusiness Loan questions
Can a sole proprietor make a business-loan enquiry?
Yes. Sole proprietors and small business owners can contact HMS Credit about working capital. Approval and terms depend on the individual assessment.
What business information should I have ready?
Prepare your business registration details, proof of business income and information about existing financial commitments. Staff will confirm any additional documents needed.
Is the calculator a business-loan quotation?
No. It provides an illustrative repayment estimate only. The assessment and terms explained by our staff determine any actual offer.
Speak with us at Sim Lim Square
Visit HMS Credit at #01-08, 1 Rochor Canal Road, Singapore 188504. We are open Monday–Saturday, 11am–7pm; Sundays by appointment, closed on public holidays.
Contact details and directionsLearn more about HMS Credit, or start your application with Myinfo or the manual form.