Pet Cafés have become increasingly popular and you might have thought of starting one to house the lovable furkids. We understand that operating a business is expensive in Singapore. Stop furrowing your eyebrows! SBL Singapore has been supporting and helping local pet or café businesses grow. Whether you are relocating, planning to improve your marketing campaigns or is simply worried about funding for operations and bills, SBL Singapore is the one stop shop for all your financial needs.
Ms Sabrina and Ms Melissa Choy have always loved animals. Catching onto the trend of pet cafés, the Choy sisters opened their very own pet café at Jalan Jurong Kechil. Business started off well but most cafés do require a few years to generate profit. The sisters soon found themselves in a pinch when they realised the lack of funds for their rent, supplier and bill payments. That was when SBL Singapore stepped in and assisted them with funding. With SBL’s financial help, the pet café was able to continue, improve and today, the Choy sisters are busy managing their growing business and are also planning to expand in the next few years.
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 pet business 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 Pet Café 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