Loan Eligibility Checker

Find out which business loans you qualify for

Business Age

How long has your business been operating?

Annual Revenue

What is your annual business revenue?

Credit History

How would you rate your credit history?

Loan Purpose

What do you need the loan for?

Your Contact Information

We'll send your eligibility results to your email

By submitting, you consent under the Personal Data Protection Act 2012 to businessloans.sg sharing your enquiry with up to three matched lenders or brokers so they can contact you about business financing. See our Privacy Policy for details on how we handle your data, withdrawal of consent, and access/correction rights.

Why check your eligibility?

  • Find loans you're more likely to be approved for
  • Save time by focusing on suitable options
  • Protect your credit score by avoiding multiple applications

Check eligibility on each major SG bank

Eligibility criteria vary by bank — see each lender's authoritative SME page via these independent comparator reviews.

DBS business loans
DBS SME Working Capital + Business Loan + Digital Business Loan + Property Loan
OCBC business loans
OCBC Business First Loan + Business Term Loan + Revolving Short Term Loan
UOB business loans
UOB BizMoney unsecured + Business Loan + Biz Property Loan via UOB Infinity
Maybank business loans
Maybank Business Term Loan + SME Working Capital Loan (EFS-eligible)
CIMB business loans
CIMB Business Term Loan + SME Working Capital Loan, relationship-banking focus

Frequently asked questions

What are the typical eligibility minimums for an SG SME business loan?
Bank route: typically 2+ years operating history, SGD 300k–500k annual revenue, Singapore-incorporated entity, director PG. Alt-lender route: typically 6–12 months operating history, lower revenue thresholds, often unsecured up to a cap. EFS additionally requires ≥30% local shareholding. Each lender sets its own thresholds; the lender's product page is authoritative.
Can a Newly Incorporated Company (NIC, <2 years old) get a business loan?
Yes but options are narrower. Routes include EnterpriseSG's EFS young-enterprise track via participating banks, alt-lenders with newer-business appetite (Aspire, Funding Societies, Bizcap), and director-guaranteed personal credit. Expect higher rates and tighter security.
Do I need a personal guarantee from the directors?
Most SG SME loans require a director PG, regardless of bank or alt-lender. Larger secured facilities (e.g. commercial property loans) may rely less on PG. Sole-prop and partnership structures effectively carry unlimited personal liability anyway.
What documents do SG SMEs typically need for a business loan?
Most lenders ask for: ACRA business profile (BizFile), bank statements for the past 3–12 months, financial statements (filed accounts), GST returns if applicable, NOA for directors, and a brief description of the loan purpose. EFS-backed loans also need confirmation of ≥30% local shareholding. Documentation requirements are set by each lender — confirm before applying.