Start-up Loan

Want to start a business but am experiencing cash flow issues? Then our start-up loan is the loan for you!

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Working Capital

Managing business complexities is challenging, and temporary cash flow gaps happen. Our working capital loan is designed to help your business navigate these hurdles smoothly.

Business Expansion

Don't delay business expansion due to capital constraints. Secure the right financing to meet demand, fuel robust growth, and stay ahead in the market without straining your finances. Seize the opportunity to propel your business forward.

Rental Downpayment

Explore financing options with us to cover your rental down payment and free up capital to fuel your business expansion.

More About Start-up Loan

Want to start a business but am experiencing difficulties in getting your business loan approved? Then our start-up loan is the loan for you! Be it for Working Capital/ Business Expansion/ Rental Down payment, we do it all. We understand that starting and running a new business is challenging and occasionally, temporary cash flow gaps may arise. That's why Friday offers working capital financing to tide your business over road bumps. 

Frequently Asked Questions

Are there any restrictions on how a start-up loan can be utilized?

Versatile application
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The advantage of a start-up loan allows for various uses such as:
• Procuring inventory
• Hiring new staff or covering payroll
• Facilitating refurbishments
• Meeting rental down payment requirements
• Acquiring equipment
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Are there cheaper financing options?

Certainly, if you possess eligible collaterals, you may explore the option of leveraging your property through a property-backed loan, featuring an interest rate of less than 3% per annum. Alternatively, you can opt for invoice financing by selling your invoices, which also offers a lower interest rate ranging from 3-4%.

Will my credit score be affected?

As long as you make all your payments in a timely manner, taking up a start-up loan will not impact your credit score negatively.

Do I need financial statements?

It is not a requirement as our risk assessment is done on a personal risk profile. However, we may ask more details about your business for further clarification.

Friday Finance is a product of IFS Consumer Services Private Limited, a licensed moneylender regulated by the Registry of Moneylenders of the Ministry of Law in Singapore