Too many Singaporean businesses are finding their business growth hampered by a lack of cash flow or a weak working capital position, and banks are becoming increasingly selective about which businesses they lend to.
As a result, SMEs often feel 'stuck' and suffer the consequences.
They are unable to attract new business and service key clients, while missing out on attractive opportunities, and failing to meet revenue targets.
Our flexible funding with no long term contracts will ensure that you are never held back through lack of funding.
Seek for funds as much as you need, for as long as you need.
Whether you're looking to fund your purchase orders, invest in business expansion, or meet any short terms cash flow needs, we'd love to help you.
Your business is great - It's time to show the world how truly great you can be.
BRDGE's innovative approach to business financing involves combining technology with crowdfunding to provide better business funding while providing investors with a new investment vehicle.
Here's a quick comparison if you're a fast-growing SME and is seeking funds at $300,000
|BRDGE||Traditional Financing||Typical Funding from Another Leading Alternative Financing|
|Repayment Term||1 to 24 months||12 months to 36 months||6 to 12 months|
|Type of Rate||Fixed rate No hidden fees, simple and transparent||Fixed rate + Prime Lending Rate + Application Fees + Facility Fees||Fixed rate + Application Fees|
|Early Pay Off||$0. No penalty for early re-payments.||2% penalty||$0. No penalty for early re-payments.|
|Can they finance your business up to $300K?||Yes||Yes||No, business loan quantums are capped at 200K|
|Processing Time||As fast as 7 days||2 to 3 months||1 week|
|Will your clients know that you're in debt?||No||Yes, through a Registered ACRA Charge||Depends|
See If I Qualify
Complete our simple online application form, it only takes a few minutes. We will contact you and discuss your business loan application and options.
We will verify your eligibility and confirm facility amount for your business loan.
Sign your documentation and funds will be transferred to your nominated account. Many of our customers are funded within 3 days of approval.
In today’s business climate, SMEs face multiple challenges such as tight labour issues, limited access to financing, rising costs and increasing competition. SMEs need to be productive and grow quickly in order to remain competitive in their field. These challenges are not easy to overcome when you are a young company. We are lucky to be able to secure crowdfunding to help us grow our business in the early days.
- Mr Lee Yue Cheng
Now, please click here to begin your BRDGE member registration.