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-   -   Buffer your business cash reserves with Temporary Bridging Loan 1.5% p.a. inter (https://forums.salary.sg/marketplace-find-work/13070-buffer-your-business-cash-reserves-temporary-bridging-loan-1-5-p-inter.html)

mlfin 28-09-2020 05:38 PM

Buffer your business cash reserves with Temporary Bridging Loan 1.5% p.a. inter
 
News has it that there will be an increase in the interest rate for WCL and TBL soon. The interest now is as low as 1.5% p.a., it will eventually revert to 6 - 14%.
Do not hesitate if you have not gotten the capital to buffer your cash-flow.

Attractive Terms :
⁕ Up to $5M Working Capital
⁕ Up to 5 years tenure
⁕ Service interest only for the 1st year
⁕ As low as 1.5% interest per annum
⁕ No early repayment penalty

Our credit advisory spans across more than 200 funders and we facilitate up to USD1 billion. We are featured in CNA MoneyMind, MoneyFM 89.3, ASME, sgSME.sg and Jumpstart Magazine.

Contact [email protected] now for a free financing assessment and we will bridge you to suitable funders.

Act now to grab the low interest rate.

lewsy 03-06-2021 07:43 PM

With 1.5% the offer looks nice, but about the other formalities? Usually, loans like this, take a lot of time and documents until you can take the money, and this is a very long and annoying process, which most of the people avoid engaging in. I prefer more fast and secure methods from both sides, like loans against fine jewelry https://www.newbondstreetpawnbrokers.com/loans/loans-against-fine-jewellery/, where you have the same conditions almost, but with the main and most important reason that it's very easy to take it, and you don't need a ton of documents.

Unregistered 17-06-2021 05:55 PM

Business Loans
 
Well, at least there is a way to save the business. If the debt won't kill it at all.

Unregistered 17-06-2021 05:59 PM

Feasible alternative
 
All I can say is that it's better to overpay, instead of risking with the whole thing..

DiBrain 17-06-2021 06:28 PM

I genuinely think that taking a loan is not the best option, not for a business nor for individuals. But since the pandemic has had these restrictions, I didn’t find a better way to save my business from bankruptcy. So, I have applied for a loan offered by the government which was offered under very good conditions and low interest rate. Here is the link by the way: https://www.nationalbusinesscapital....usiness-loans/ In general, I liked the fact that authorities have tried to help business owners to overcome the pandemic. Looks like they care about our economic perspective.


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