Loan Overview
Imagine visiting a website to learn about something, to purchase something, or to check out the menu of a restaurant. Only to realise issues with the website. These include not being mobile responsive, the images and text don’t align, or the site being hard to navigate in general.
Such issues can prove to be extremely frustrating. This is where the importance of User Interface (UI) and User Experience (UX) come in.
UI and UX companies are thriving because the user experience is essential to how many conversions websites get. People’s interaction with content needs to go as smoothly as possible. Hence, navigation needs to flow without any impediments. UI designers make sure that websites’ visual layouts sieve users to the right result.
Having a UI / UX website design company means reaching into a profitable market. Even looking at the entry average salaries per year, you can see that the UI / UX industry is extremely lucrative. Mid-level professionals are sought after because they have reliable experience. They are also creative people with technical skills and good communicators.
For your business to thrive you’ll need a list of things. These include good employees and a lot of capital. This is so that they can have access to effective tutorials, constant training, as well as a decent client database.
At SBL Singapore, we understand the importance of education. That said, it’s also important for your employees to work in a pleasant, motivating environment. These factors will influence your budget, whether your business is just starting out or growing.
A year ago, we helped Mrs Nora Png with her UI / UX website design business. She started out by hiring people with potential. Following which, she invested in their training to perfection their design, usability, and communication skills. She also offered her employees the possibility to work from home, and she brought in some clients she already worked with on other projects.
Unfortunately, some of these clients’ projects needed programming skills. As Mrs Png’s business was just starting out and she had a limited budget, she hired UI and UX designers with no coding background. That way, she could afford to pay their agreed salaries.
However, the clients didn’t want to pay double to hire a web development company too. That’s when Mrs Png came to us at SBL Singapore asking for a loan.
She used the money to hire a web developer with some knowledge in UX. She then paid for some courses so her other employees got the basis of coding sorted, while the web developer had to become more familiar with the key concepts behind UI and UX.
Now, Mrs Png’s business is thriving. SBL Singapore can also help you with our affordable UI / UX Website Design Business Loans, which are affordable and easy to personalize. These loans will help you cover expenses such as:
- Company registration
- Insurance
- Salaries
- Office equipment
- Monthly rent and security deposit
- Marketing and advertising campaigns
- Training and team-building
- Software
- Miscellaneous bills
Launched in February 2018, SBL Singapore aims to provide financial assistance to all companies including those in the Website Designing Business industry. We also gather mentors in the hotel and tourism sector 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 UI / UX Website Design 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