FundSpot understands the struggles of new businesses. We have designed a business loan catered for New Start-up businesses with tailored loan amounts, loan term and repayment structure specially to your situation and business needs.
Connect with our Business Managers today to find out what is available to you.
*Time frame refers to business hour, subject to scenario simplicity and borrower’s availability to respond.
All lenders have one common concern: Can the loan be repaid? The reason lenders only want to lend to established businesses is due to the statistic of failure rate. New businesses typically will take some time to generate stable and sustainable sales and turnover. First time business owners also often need time to adjust expectation and expense control. Hence lenders are more reluctant during experimental stage of any new businesses.
To overcome this hurdle, FundSpot would consider your new business if you have prior experiences in the industry, a well-planned business, already obtain relevant qualifications or licenses and able to demonstrate the debt can be managed. Let our business manager to help you realise your dream, speak to us today.
Not sure which loan product and features are best for you? Use our comparison table. Otherwise, reach out to us. We’re happy to help!
*Pre-Approval time applicable during office hour only and is subject to relevant document recipients and applicants availability for communication.
**Turnaround time is indicative only after signed loan contract is received. Fund transfer is subject to fund availability and settlement conditions satisfied.
Complete our obligation-free application today, and expect a call from your Business Manager shortly
Provide some basic documents for the most suitable finance option.
Same-day fund transfer upon contract settlement
Not sure which loan product and features are best for you? Use our comparison table. Otherwise, reach out to us. We’re happy to help!
