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Why is getting a Business Loan through us better than going directly to the Banks & Financial Institutions?
Save time in a single application
Compare mulitple lenders in just 1 application.
Lenders compete for your loan
With multiple lenders on our platform, you can be assured in getting the most competitive quote.
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Interest rate is 4.79%-6.57% (EIR 8.8%-11.8%)
Subject to credit assessment
Tenor: 3 months - 5 years
Subject to credit assessment
Loan amount is $10k to $400k
Subject to credit assessment
NEW BUSINESS TERM LOAN
No Bank Statement Required!
Our new Business Term Loan is designed for small medium business owners who need funding without the hassle of providing bank statements. With a streamlined approval process, flexible terms, and fast funding, it’s never been easier to access working capital and grow your business.
WORKING CAPITAL LOAN
A simple straightforward Collateral-free loan.
A working capital loan is the most common type of financing that allows businesses to obtain financing without the need of any collateral. They can be used for pretty much any business need from working capital to purchasing of new equipment.
Interest Rate: As low as 3.76% p.a. Simple Interest (EIR 7% p.a.)
Subject to credit assessment
Tenor up to 5 years
Subject to credit assessment
Loan Amount starts from $20,000 to $500,000
Subject to credit assessment
Loan amount:
Up to 90% of the invoice face value
Interest Rate:
1-3% per month with 2-3%
Success Fee
Subject to credit assessment
Duration:
15 days - 1 year (up to the payment due date of the invoice)
INVOICE FINANCING
Free up cashflow from your unpaid invoices
Invoice Financing or Factoring is a cash flow solution that allows an SME to sell its receivables (invoices) to financial institutions to receive early payment.
REVENUE-BASED FINANCING
Flexible repayment based on your revenue
Enjoy a stress free loan with no fixed repayment schedule. Repay in proportion to your revenue.
Get funded up to 3x your monthly revenue
Get up to $10,000,000 in loan amount
Low Fees with no collateral
As low as 8-15% of the principal amount.
Flexible Repayment based on your revenue
Repay as little as 10% of your revenue, fret no more with lull months.
Explore business term loan options from our leading lenders
Feel free to use our Equipment Finance Calculator
**Note: For exceeding 120 no. of payments, a group of 12 payments will be combined into a single payment number for better chart visibility.
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Calculator Disclaimer
The repayment amount shown using this calculator is an estimate, based on information you have provided. It is provided for illustrative purposes only and actual repayment amounts may vary. To find out actual repayment amounts, contact us. This calculation does not constitute a quote, loan approval, agreement or advice by My Finance. It does not take into account your personal or financial circumstances.
