Makeup and beauty products are among the list of must haves for most females. Makeup helps in enhancing one’s appearance. On the other hand, beauty products help to keep our skin healthy and hydrated. This is why makeup and beauty products go well together hand in hand. They have an added effect of making women feel better and more confident about themselves.
At SBL Singapore, we understand that the beauty industry is quite a competitive and saturated industry to tap into. This is also due to the prevalence of similar businesses. If you are currently thinking of expanding your own makeup/beauty business, be it online or offline, SBL Singapore will be more than willing to help.
We are not only able to help you with the financing of your business, but to also provide you with valuable business tips. This is especially important for first time business owners. With our easy approval and quick loan application process, you’ll be able to take your makeup/beauty business to the next level.
Among some of the makeup/beauty products businesses that we’ve helped is Madam Evon Cheng’s beauty business. She operates her own beauty store in the East of Singapore selling imported skincare and makeup products from countries like Japan, Korea and China.
Having been in the business for the past 7 years, she realised that she needed a stronger online presence in order to remain competitive and relevant. She also wanted to reach a wider audience.
It was then that she sought help from SBL Singapore to procure the required funds needed for the entire website design and execution process. All this along with the marketing and advertising costs. Today, Madam Cheng has no regrets of taking out a loan with SBL Singapore. Her business has seen a steady increase of loyal customers both online and offline and she hopes to continue her beauty store for as long as she is able to.
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 makeup/beauty 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 Makeup/Beauty Products 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