Neighbourhood Café / Bakery Business Loans

Loan Overview

Think about the last time you had your caffeine fix. It probably isn’t too long ago.

With the hectic lives that most of us lead, it’s quite impossible to go through your day without a few cups of fresh coffee. Cafés are places where you can get your fresh and potent energy boost each morning or recharge during your lunch break.

Café shops are places for smiles and warmth. It is where writers come to do a bit of work in a place that allows them to absorb some positive energy. Where business people come to negotiate contracts, and where people come to catch up with their friends.

Our lives without cafés would be completely different, and that is why increasingly more neighbourhood cafés and bakeries have recently opened up in Singapore.

However, the exponential rise of coffee shops has made the industry very competitive. Thus, owners find it difficult to ensure their café makes it through this hustle and bustle of corner coffee boutiques.

SBL Singapore understands the sheer amount of effort and resources needed to start a business. You’ll have to build and advertise your unique selling proposition, attract new customers and to strengthen the relationship with your old customers. Add to all that your bills, rent, and paychecks, and your budget seems to increase every month.

All these added costs might seem too much to handle. However, here at SBL Singapore, we can help you with these extra costs.

Neighbourhood Café / Bakery Business Loan

Two years ago, we helped Mrs Jennifer Lim to start her café . Mrs Lim left Singapore for Australia during college, and she became a lawyer. She eventually got married there, but after the divorce, came back to her home country with her young son, Tom.

Mrs Lim wanted a fresh start, and so she decided to open a neighbourhood café . She wanted to make café food affordable for those living in the heartlands. Albeit a savvy lawyer, she didn’t know all the intricacies of opening a new business. Mrs Lim invested a lot in fancy equipment and stellar furniture and workforce, but she had very few customers.

Mrs Lim then understood that she needed to invest more in her relationship with her customers, so she wanted to hire a good advertising agency to devise a plan. Short on funds, she came to us at SBL Singapore for financial assistance.

Through our Neighbourhood Café / Bakery Business Loan , she hired someone who taught her how to connect with her audience and how to appeal to a younger age group. Mrs Lim has a popular café now, and she knows everyone in the neighbourhood.

SBL Singapore can also help you with our personalised Neighbourhood Café / Bakery Business Loans so you can cover expenses for:

  • Suppliers
  • Inventory
  • Equipment
  • Rent
  • Remodel
  • Marketing, PR and advertising campaigns
  • Staff hiring
  • Licenses and permits

Launched in February 2018, SBL Singapore aims to provide financial assistance to all companies including those in the food and beverage industries. We also gather mentors in the pet business industries 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 Neighbourhood Café / Bakery 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