Six months of company bank statements, two years of personal NOA for every director coming on board as a guarantor, NRIC for identity verification, two years of company financials and your ACRA business profile. A credit bureau report is not mandatory but helps. Individual lenders ask for more depending on the case and the facility.
The core pack
- Last 6 months company bank statements — for all active operating accounts.
- Latest 2 years of directors’ personal Notice of Assessment (NOA) — for example 2024, 2025 or 2026, whichever two years are available. Required for all directors coming on board as Personal Guarantor.
- Clear photo of NRIC, front and back — needed for bank verification purposes, for all directors.
- Latest 2 years of company financials — P&L and balance sheet. Not required for a sole proprietorship.
- Credit bureau report — for all directors coming on board as Personal Guarantor. An older copy is fine. Not mandatory, but useful to have.
- Company business profile (ACRA) — entity particulars, shareholding and directors.
Case-specific additions
Depending on what the funding is for, a lender may also ask for an awarded contract or purchase order, a quotation for equipment, a tenancy or property document, a debtor ageing list, or a management account more recent than the last filed set. A structured case anticipates these rather than being surprised by them.
Why this is the part that decides your timeline
The lender’s processing time is not something you control. The completeness of your pack is. Incomplete documentation is the most common reason a case that should have taken about a week stretches into several. See how long financing actually takes.
A note on account conduct
Your bank statements are read closely — balances, regularity of receipts, returned items, how the account is actually run. Six months of tidy conduct before you apply is worth more than any covering letter. If you are planning to seek financing later this year, that is the thing to start on now.
Send them once
When a case is positioned across several suitable lenders in parallel, the documents are assembled once and presented to each. You are not re-gathering the same pack for every bank in turn.
Talk to us about your case
Every business is different, and the only honest way to answer “can we get this funded” is to look at your numbers. Send us your company name, roughly how much you need and what it is for, and we will tell you whether there is a case worth building. Speak to us, or read how it works.
Cornerstone Capital Services Pte. Ltd. (UEN 202622107K) is a business financing consultancy and is not a bank or a licensed moneylender. Loan approval, final quantum, tenure and interest rates are determined solely by the participating financial institutions and are subject to their credit assessment. Scheme figures shown are published by Enterprise Singapore and may change.
