Having a extra furball to keep you company is always nice and comforting. Imagine going home after a long day of work to be greeted by your dog as it eagerly runs towards you. Or seeing your fishes swimming so gracefully as they swish their tails from side to side.
If you’re an animal lover who possesses a strong sense of entrepreneurial spirit, you might be thinking of setting up your own pet shop / pet store business. However, pet shops are a dime a dozen in Singapore. How is it possible to stand out among the rest? Where do I get the requisite funds to start a pet shop / pet store business?
With these questions in mind, some of us might think of throwing in the towel before things even start to take flight. However, it might be a pity to just give it all up. At SBL Singapore, we recognise the cost of setting up a business and the pressure to remain competitive in a saturated industry.
Whether you are looking to start your own pet shop / pet store or expand your current business, SBL Singapore will be here to help. We are able to help you with the requisite funds and provide you with valuable business tips. Especially for first time business owners.
Ms Tiffany Tan has always been an avid lover of animals. From dogs, hamsters, fishes to birds, she always finds herself getting drawn to the beauty of animals. Thus, she sought her first part time job at a pet store. She took care of the various animals by washing, cleaning, feeding and grooming them. During her free time, she also finds herself volunteering at animal shelters.
Upon receiving her diploma, she continued her job at the pet store and became a full time staff. After a few years, her performance saw her holding a managerial position in the store. However, with time, she decided that she wanted to do more. By more, it meant having a pet store she could call her own.
Of course, setting up your own business is no easy feat. It didn’t help that she didn’t have a business partner to help share their expertise or lessen the financial burden. She needed funds for rental, hiring staff, marketing and advertising efforts and equipment purchase, among other things.
She thus sought the help of SBL Singapore where we were able to provide her with the necessary funds to tide her over the opening of her pet store. Today, Ms Tan is the proud owner of Animal Trot Pet Store.
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 shop / pet store 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 Pet Shop / Pet Stall 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