Perhaps you have been planning to expand your pet grooming and boarding shop so as to care for even more animals and reach a greater crowd. However, business expansions in Singapore can be costly, and you are probably worried about funding and sustainability. Fret not! SBL Singapore has been helping businesses (especially in animal grooming and care) in Singapore expand by providing them with the required funds to reach their goals.
One of the pet boarding business owners that we have helped is Ms Elaine, an animal lover who was a full-time pet sitter. Ms Elaine always had an affinity with dogs and typically took care of at least 5 dogs every day. Eventually, to care for more dogs, she forked out her own savings and started her first pet grooming and boarding centre, Cosy Loft at Serangoon area. With her good reputation as a meticulous caretaker, her business quickly grew.
After three years, she decided to expand and open another branch at Holland Village in order to reach a greater crowd. However, she was concerned with the funding for the rental, equipment, manpower and marketing for the new store. That was when SBL stepped in and offered her a helping hand. SBL provided her with the necessary financial support and her second outlet successfully opened in mid 2018. Today, the two Cosy Lofts are able to care for even more dogs with good quality care and services.
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 greater financial assistance and at the same time, gather more mentors in the pet business industry through our Coach-and-Go programme to help pet grooming and boarding business owners expand their businesses. Our objective is to help local Singapore brands grow and enter the overseas market.
With a SBL Pet Grooming and Pet Daycare Business Loan, you pay for an inexpensive and reasonable rate of interest on monthly repayments, leaving you with capital to remain competitive and expand your company. Additionally, you will also be able to attain mentor-ship assistance and operation assistance which is sure to be a big help in your business expansion.
Max Loan Amount$1,000,000
Min Years to Qualify0.5
Min. Annual Turnover< $100,000