When we hear a certain piece of music that we love, more often that not, we can’t help but move our bodies along to the song. People dance for a variety of reasons. It may be to express themselves when words become insufficient. It may be to relieve stress. Some may simply dance because of the passion and flair they have towards dancing.
As a passionate dancer, you might have thought of imparting your techniques and skills to others. The idea of setting up your own dance academy/ dance studio might have crossed your mind.
At SBL Singapore, we understand that setting up your own business in Singapore, especially if it’s your first, can be quite daunting. Not only do you require a significant amount of funds, you also need the relevant business expertise to get your business up and running.
This is why we have specifically tailored a dance academy / dance studio business loan to financially support those who are looking to set up their own dance studio.
With a dance academy /dance studio business loan, you will be able to either start up your very own dance studio, or grow your current dance studio to greater heights.
Ask Ms Eline Lim what drives her to better herself everyday and she’ll tell you it’s her love and passion for dancing. After graduating from the royal school of ballet in London, Ms Eline Lim worked as a dance tutor in one of the more reputable dance studios in Singapore.
After teaching there for several years, she had her sights further. She wanted to open her very own ballet dance studio and design the course curriculum to suit students of all ages. Ms Lim firmly believed that as long as one has the interest and passion for something, they should not be denied the opportunity to pick up a new skill.
That said, setting up your business from scratch is no easy feat. She thus sought the help of SBL Singapore where we provided her with timely financial help in terms of manpower, advertising, rental and furniture costs. Today, Ms Lim is proud to call Bijou Dance Studio her own and is even looking at opening another studio in central Singapore, specialising in contemporary and modern dance.
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 may need
Launched in February 2018, SBL Singapore aims to provide financial assistance to all companies including those in the dance academy / dance studio industries. We also gather mentors in related fields through our Coach-and-Go programme for our clients to attain more information and knowledge on business management. Our objective is to help local Singapore brands grow and enter the overseas market.
With a Dance Academy / Dance Studio Business Loan, you pay for an inexpensive and reasonable rate of interest on monthly repayments, ensuring that you have enough capital to remain competitive and grow your business. In addition to funding, you will also obtain the mentor-ship and operation assistance that you require.
- Max Loan Amount$1,000,000
- Min Years to Qualify0.5 Years
- Min. Annual Turnover< $100,000