We do not publish an interest rate, and we will not quote you one before your case has been assessed, because the rate is not ours to set. Rate, quantum, tenure and approval are all determined by the participating financial institution, per case, after its own credit assessment. Anyone quoting you a firm number before looking at your financials is telling you what you want to hear.
What actually determines your pricing
- Your financial performance and margins
- Existing liabilities and how leveraged the business already is
- The credit profile of the company and of the guaranteeing directors
- Your industry and how the lender views it
- The facility type and tenure
- The individual bank’s appetite at that moment
Change any one of those and the number changes. That is why two businesses of the same size, in the same month, can be offered materially different terms.
Why “lowest rate” is the wrong thing to shop for
A headline rate you do not qualify for is worth nothing. The useful questions are whether you can be approved at all, for how much, over what tenure, and with what conditions attached. A slightly higher rate over a longer tenure can cost less per month than a sharper rate you cannot service. Structure beats a decimal point.
What the scheme does to pricing
Under the Enterprise Financing Scheme, Enterprise Singapore shares the default risk with the participating bank. That risk-sharing is part of what keeps SME pricing under the scheme where it is. It still does not produce a fixed rate, and it does not remove the bank’s credit assessment.
What we will tell you
After we have looked at your numbers: whether there is a case worth building, which facilities fit, which lenders are worth approaching and what the realistic shape of an offer looks like. What we will not do is invent a rate to win the conversation.
Our own fee, by contrast, is something we control and will tell you plainly: 3% to 7%, success-based.
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.
