Oct 16, 2026
SME loan vs business loan: what is the difference?
An SME loan is a business loan for a smaller company. The real difference is scheme-backed financing versus a bank's own conventional lending.
Oct 16, 2026
Oct 16, 2026
How to choose an SME loan broker in Singapore
Judge a broker on how they work: do they assess before submitting, explain why a lender suits you, and put the fee in writing before you commit?
Oct 16, 2026
How much does an SME loan cost in Singapore?
Interest plus any fees. Working Capital Loan pricing is indicatively around 3–4%+ simple interest p.a.; the bank sets the actual rate after approval.
Oct 16, 2026
How to get an SME business loan in Singapore
Five steps: check the basics, prepare the documents, choose which banks to approach, apply, then accept the offer and draw down. Here is each one.
Oct 16, 2026
What is an SME loan in Singapore?
Business financing for a small or medium-sized company, usually from a bank. In Singapore many sit under the government-backed Enterprise Financing Scheme.
Sep 11, 2026
Working capital loan vs business term loan: what is the difference?
The WCL is a non-collateralized facility under the Enterprise Financing Scheme, capped at S$500,000 per borrower. A Business Term Loan is a separate facility that may raise additional financing.
Sep 11, 2026
What interest rate can I expect on an SME loan in Singapore?
Indicatively, current market pricing is generally around 3–4%+ simple interest per annum. The actual rate is set by the participating bank after its credit assessment.
Sep 11, 2026
Which bank is best for an SME loan in Singapore?
There is no single best bank — there is a best bank for your profile. Here is why we do not publish a ranking, and how the shortlist is actually chosen.
Sep 11, 2026
What is the SME Working Capital Loan in Singapore?
An unsecured working capital facility under the Enterprise Financing Scheme, capped at S$500,000 per borrower and up to 5 years' repayment. Here are the published terms.
Sep 11, 2026
What is the Enterprise Financing Scheme (EFS)?
A Singapore government scheme under which Enterprise Singapore shares the default risk with participating banks, so those banks can lend to SMEs they might otherwise decline.
Sep 11, 2026
What is a business loan broker and what do they actually do?
A business loan broker assesses your company, structures the case, and takes it to several lenders at once. Here is what that means in practice, and what a broker is not.
Sep 11, 2026
What “government-backed” actually means for your loan
Government-backed is not government-approved. Enterprise Singapore shares the bank's default risk; it does not guarantee your loan or decide your application.
Sep 11, 2026
What do you need to qualify for an SME loan in Singapore?
There is no single set of requirements that applies to every SME loan. Here are the typical ones — operating history, active revenue, ownership structure and personal guarantee — and why meeting them is still not approval.
Sep 11, 2026
Should you apply to several banks at once?
Applying blindly to every bank is a mistake. Applying to a shortlist of suitable banks in parallel, with the case positioned for each, is not. Here is the difference.
Sep 11, 2026
Rejected by the bank. What happens next?
A rejection from one bank is one bank's answer, not a verdict on your business. Here is how a declined case gets re-examined — and when it genuinely cannot be saved.
Sep 11, 2026
What is a personal guarantee, and why does the bank want one?
An unsecured SME facility usually requires a director to guarantee it personally. Here is what that means, who can give one, and what the bank asks for.
Sep 11, 2026
Working capital loan vs invoice financing vs supplier financing
Three ways to solve a cash-flow gap, each suited to a different shape of problem. Here is how to tell which one fits yours.
Sep 11, 2026
Is a loan broker worth it in Singapore?
It depends entirely on whether the broker does the work. Here is the honest case for and against using one for an SME facility.
Sep 11, 2026
How new can my business be and still get financing?
There is no minimum number of years incorporated. What lenders need is roughly six months of active revenue visible in your company bank statements.
Sep 11, 2026
How much does an SME loan broker charge in Singapore?
Cornerstone charges a one-time success fee of 3% to 7% of the financing successfully raised, payable only after the money lands. Here is how the percentage is set and when it becomes due.
Sep 11, 2026
How much can my business borrow in Singapore?
Nobody can tell you before seeing your numbers. Here is what the scheme caps allow, what lenders actually assess, and why a percentage-of-revenue rule of thumb is misleading.
Sep 11, 2026
How long does business financing take in Singapore?
Roughly one week for a clean case, three weeks to two months for a complex one, plus about a week from signed documents to disbursement. These are indicative ranges, not promises.
Sep 11, 2026
How does a working capital loan work?
You borrow a lump sum for day-to-day operations and repay it in instalments over a fixed term. Here is the mechanism, and what it is and is not for.
Sep 11, 2026
What documents do you need for an SME loan application?
Company bank statements, financials, ACRA particulars and each guarantor's two years of NOA. Getting these together early is the single biggest thing you control.
Sep 11, 2026
Cornerstone Capital Services: a Singapore SME financing consultancy
Cornerstone Capital Services Pte. Ltd. (UEN 202622107K) is a Singapore business financing consultancy. It is not a bank, not a licensed moneylender, and not the similarly named American institution.