Weddings, birthdays, anniversaries or days when you simply wish to show your appreciation for someone, are just some of the reasons why people patronise the florist. There have been a burgeoning of flower / florist boutiques and gift shops in Singapore. Step into any shopping centre, or even your neighbourhood malls and you’ll find at least one. At SBL Singapore, we understand the costs needed to remain relevant in such a competitive industry. This is why we are here to offer you with the timely financial help that you seek.
We have helped quite a few young Singaporeans achieve their dreams of opening their very own florist / flower bouquet gift shops. One of which is Ms Teo Jing Hao. After graduating from Ngee Ann Polytechnic with a diploma in Arts Business Management, she worked briefly as a project executive in a performing arts organisation.
She always had a flair and interest for flower arrangement and even had a small online side business where she arranged, crafted and designed floral bouquets. After doing so for three years, she felt that it was time to look forward.
She had bigger goals in mind. Not only did she want to sell flower bouquets online, she wanted to set up her own gift shop and was interested in providing flower arrangement classes. That said, it is no easy feat to set up a business entirely on your own. Things such as manpower, rental, advertising, equipment and furniture costs have to be factored in.
This was where she sought the help of SBL Singapore to help fund part of the cost of her business. Today, Ms Teo Jing Hao owns a humble flower bouquet gift shop in the heartlands that not only offers flower arrangement services but also classes.
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 flower boutique 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 Florist / Flower Bouquet Gift Shop 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
Min. Annual Turnover< $100,000