Are you looking to expand your catering and event planning empire? Great news! SBL Singapore has an exemplary track record in helping such businesses (catering and event companies and dining establishments) expand by providing them with the necessary funding.
Ms Yeo, Mr and Mrs Lim (couple-team) are the perfect example. Fuelled by a passion for cooking and helping others, the three of them sought to set up a food catering business, specialising in a mix of both Western and Asian food. After two years in the business, they explored options to further expand it by providing other services like event planning (arranging for food, decorations, creating event designs and finding suitable sites). Of course, as the business grows larger, they foresaw themselves needing more funding for things like increased manpower, a greater social media presence, above and below the line advertising costs and a whole new design and layout for their website. This is where SBL stepped in and offered them with the necessary financial support. Today, their event and catering business is steadily increasing with a growing base of followers.
With SBL Singapore’s financing, we can help you:
- Buy or lease equipment(s)
- Purchase inventory or supplies
- Rent space or remodel
- Create and execute a marketing campaign
- Hire and train staff
- Secure the licenses and other permits you need
Launched in February 2018, we aim to provide even more assistance financially, as well as gathering mentors in the food industry through our Coach-and-Go programme to help caterers, events and space planning business owners scale their businesses into a prosperous one, and to also grow a local Singaporean brand into the overseas market.
With a SBL Catering and Event / Space Planning Business Loan, you pay an inexpensive as well as reasonable rate of interest on regular monthly settlements, leaving you with the capital to remain competitive and to expand your business. Additionally, you will also obtain the mentor-ship assistance and also operation assistance that you require.
Max Loan Amount$1,000,000
Min Years to Qualify0.5
Min. Annual Turnover< $100,000