Loan Overview
Emails, newsletters, social media, online portals, dropbox, Cisco WebEX, Skype and more. In the 21st century, online communication tools are part of our daily lives and essential for both businesses and individuals. No matter which industry one is in, we will definitely need IT and their services.
With a growing need for softwares, IT maintenance services, IT support, outsourcing, desktop services and data security, prospects of technology and IT related companies are good in the coming years and more profits are expected to be made. If you are a business owner of an Information Technology (IT) Solutions or technology engineering company, you might want to make use of the market opportunity and expand your firm to reap more benefits.
SBL Singapore offers Information Technology (IT) Company Business Loan to all IT business owners in Singapore. Whether they need funds to expand, relocate, upgrade their equipment, increase their team or simply to tide over a financial crisis, SBL Singapore will be able to help.
At SBL Singapore, we help business owners and entrepreneurs achieve their dreams and goals. One of the clients that we have worked with was Mr Dennis Tan, the owner of the IT solutions company, Swift Decoders.
Mr Tan graduated with a Bachelor of Computing in Information Security (with honours) from NUS and after working in the IT industry for two years, he decided to start his own business. He rented an office in One North and managed to secure quite a few clients within a few months. However, he soon realised that he needed to hire more employees to help with the growing workload.
Mr Tan heard about SBL Singapore from a friend and approached us for a business loan to expand his business, hire more employees and increase the office size. SBL Singapore provided him with the necessary funding and today, Swift Decoders is running well with a strong team of 8.
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 Information Technology (IT) industry. 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 Information Technology (IT) Company 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.
Loan Details
- Max Loan Amount$1,000,000
- Min Years to Qualify0.5
- Min. Annual Turnover< $100,000