A business loan broker is an intermediary who assesses a company’s financial position, works out which lenders and facilities genuinely fit it, structures and presents the application, and manages the process through to disbursement. A broker does not lend money and does not approve anything. Credit decisions belong to the financial institution, always.
What the work actually involves
- Assessment. Financials, business activities, ownership structure, existing facilities and what the funding is actually for.
- Mitigation. The things that turn into rejections get addressed before submission rather than explained afterwards.
- Structuring. Which facilities, in what combination, in what order.
- Positioning. The case goes to several suitable lenders in parallel rather than one at a time.
- Management. Rounds of banker questions, documentation, and the run to disbursement.
What a broker is not
- Not a lender. No broker funds your facility.
- Not an approver. Approval, quantum, tenure and pricing are the bank’s decision.
- Not a shortcut around credit criteria. A well-presented weak case is still a weak case.
- Not a form-filling service. If all that happens is your documents get forwarded, you are paying for postage.
Is loan broking licensed in Singapore?
Loan brokerage in Singapore does not itself require a specific broker licence. That is worth knowing, because it means the licence question cannot tell you who is competent. What can tell you is how a broker works: whether they assess before they submit, whether they explain why a particular lender suits your profile, and whether their fee is written down before you commit.
Cornerstone Capital Services is a financing consultancy. It is not a bank and not a licensed moneylender.
How brokers charge
Cornerstone works on a success basis: a one-time fee of 3% to 7% of the financing raised, with the exact percentage quoted after the case is assessed, and nothing payable upfront. The fee is explained in full here.
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.
