We're happy to tailor a solution that suits your business needs of up to S$2M. Fill in the form below and we'll be in touch.
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What our customers say
We love that we only pay for what we use with Aspire’s flexible line of credit. It gave us full control and allowed us to invest in marketing when we needed it and boosted our sales significantly.
Owner of Enjoy Eating House & Bar
Commonly asked questions
How long does it take to receive funds?
Upon submission of your credit application, it will take 2-7 business days for us to review your application. Once approved, you can drawdown immediately.
What type of financing does Aspire provide?
We provide a revolving business line of credit of up to S$300,000.
If your business has annual revenues over S$2M, we can provide customised financing solutions. Reach out to us at email@example.com and we'll be happy to find a solution that suits your needs.
What documents do I need to submit to apply?
- All corporate bank accounts' past six months’ bank statements - Director and all guarantors’ front and back copy of NRIC/ Employment Pass, Passport copy - Director and all guarantors’ CBS report with at least three months’ validity
What are your fees like?
Account opening and obtaining a line of credit is free.
There are no obligations to utilise your credit limit, and therefore no monthly fees.
You will only pay when you decide to utilise your credit, and fees are only charged on the amount used. You will always be able to preview your repayment schedule before committing to a withdrawal.
Our fees differ depending on the financial health of each business, but the below should give you a good sense of our pricing range.
Processing Fee: 1 – 4% on the amount withdrawn Interest Rates: 1 – 3.9% simple monthly interest
Is Aspire regulated by MAS?
Aspire is an excluded moneylender under the Moneylenders Act (Cap. 188)
Aspire lends solely to corporations and limited liability partnerships, so a moneylender’s license is not required.