SME Loan

8 Mistakes To Avoid When Applying For Small Business Loan

Building a company not only requires a brilliant idea, but enough capital must also be prepared. If you think realistically, no business can be started and expanded without financial flow. Do you know that many small business owners give up on their global changing idea because of financial difficulties?

Advice from a fintech startup: Don't borrow if you only want to stay afloat

“What do you intend to do with the money?”, “Are you sure that you need that much?”, “Will you be able to cover the monthly repayments comfortably?”. We do this because most of the times when people come to us for help staying afloat they don’t have a plan for how to climb back into the ring.

Ecommerce Financing: Why Every Ecommerce Business Needs A Line Of Credit

A business line of credit, gives borrowers access to a predetermined sum of capital. It functions like a credit card; you can draw from the sum as and when required (as long as you don’t exceed your credit limit) and interest is charged only on the amount drawn. Once this sum is repaid, your credit limit goes back up.

The SME Owner's Guide To A Business Line Of Credit

You’re an SME owner who needs fund for your business and are weighing out different external financing options. The right kind of financing needs to offer flexibility - you’re looking at an option that can fund a variety of expenses, and which you can tap into time and time again. If this checks off all the boxes on your list, a credit line may be right up your alley.

Practical lessons for growing startups

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From Gaming to Fintech: How Aspire’s Senior UI Developer is Taking User Experience to the Next Level

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Aspire raises US$158 Million series B round to double down on its All-in-one Finance OS for growing businesses in South East Asia

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Create Gift Cards for Free: ASPIRE Launches COVID-19 Support for SMEs

Aspire aims to support local businesses impacted by COVID-19 outbreak through Gift Cards. SMEs can create and sell gift cards through Aspire's website for free.

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[12 Days of Christmas] Earn $400 when you invite businesses to Aspire

Christmas is here for businesses. Share the Christmas joy with a fellow business owner, and earn upto S$400 for each successful referral.

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Make Business Transactions On the Go with Aspire’s New Maker Checker Workflow

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Here’s How Streamlining Your Employee Expense Reimbursement Process Can Save Your Business

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Deep-dives

How To Raise Series A Funding For Your Start-up

Preparing for a Series A funding round? We share practical tips on how to navigate this new chapter for your start-up

The Essential Start-up Metrics Guide for Entrepreneurs

Whether you’re preparing for an investor meeting or looking to monitor your company’s finances, these essential start-up metrics are just what you need.

The Ultimate Guide To Start-up Funding

Not sure how to navigate the start-up funding process? Set yourself up for fundraising success with Aspire Founder Academy’s comprehensive guide.

Finance & Accounting 101: Everything You Need to Know For Your Start-up

From CFA jargon to essential financial reports, we’ll take you through everything you need to know about start-up finance and accounting.

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Recent Articles

The Ultimate Business Metrics Glossary

The ultimate start-up metrics glossary with all the marketing, finance and operational metrics you need as a founder.

15 mins

Aspire Start-up Terms Glossary

The Aspire Start-up Glossary is a comprehensive list of business terms every start-up founder needs to know.

15 mins

How to Pick the Right Company Cards for Your Start-up

Are you looking to get company cards but not sure what to choose? An overview of the benefits and different types, such as corporate credit cards and virtual cards.

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Consumer advisory - Aspire FT Pte Ltd ("Aspire") is currently exempted from holding a licence under the Payment Services Act for the provision of Account Issuance Service, Domestic Money Transfer Service, and E-money Issuance Service for a specified period. This can be confirmed on the MAS website here. Aspire is not licensed, nor exempt to provide cross-border money transfer services, and consequently provides these services in conjunction with MAS licensed partners. All corporate cards are issued and powered by Nium Pte Ltd. Cardholders are advised to read the Nium Pte Ltd terms and conditions. All partner terms and conditions can be found in the Terms of Use here. Credit lines to businesses are issued by Aspire Financial Technologies Pte. Ltd, which is an exempted moneylender under the Moneylenders Act (Cap. 188) and received a certificate of exemption from the Ministry of Law (No: 02135) on November 2nd 2020.

If you wish to discuss data protection matters, please contact our Data Protection Officer at singapore-dpo@aspireapp.com

Blog —

SME Loan

As a FinTech startup, loans are our area of expertise. Here are all the resources you’ll need to understand SME loan, and how Aspire can work for you.

August 16, 2021

October 22, 2021

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7 mins read

Build Credit and Get Funded: Tips for Businesses in Singapore

January 7, 2021

October 24, 2021

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4 mins read

All-Time Favourite Financing Options for SMEs in Singapore

October 12, 2020

September 30, 2021

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5 mins read

How to Get Business Loan for Startups?

January 10, 2020

October 22, 2021

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6 mins read

Boost Your Small Business with Online Loan

December 3, 2019

September 11, 2021

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6 mins read

What is Line of Credit and the Different Types for Start-Ups

November 6, 2019

October 22, 2021

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4 mins read

7 Most Common Requirements to Qualify for Small Business Loans

November 1, 2019

October 22, 2021

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4 mins read

Different Types of Business Loans for SMEs in Singapore

October 29, 2019

October 22, 2021

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5 mins read

Best Banks for Small Business Loans in Singapore

October 22, 2019

October 22, 2021

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4 Easy Ways to Improve Credit Score Fast in Singapore

October 4, 2019

September 9, 2021

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6 mins read

Revolving and Non-Revolving Credit: Which One is Better?

September 27, 2019

October 22, 2021

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3 mins read

5 Things That Keep You From Getting Online Loan Approval

September 6, 2019

September 7, 2021

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4 mins read

Business Line of Credit: Pay suppliers with Aspire

August 19, 2019

September 8, 2021

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4 mins read

What is Working Capital?

January 10, 2030

September 8, 2021

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4 mins read

Tips for Online Loan Approval

August 19, 2019

September 5, 2021

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5 mins read

4. Choosing a Working Capital Loan | SME Guides

August 19, 2019

September 5, 2021

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