Services

6 Best Bridging Loan In Singapore For Immediate Financing

July 27, 2021
Best Bridging Loan Singapore

Transferring or purchasing a new home may require immediate payments. However, due to the lengthy process of a selling the previous house or property, money may not be directly available during the time. The use of a bridging loan can be useful in this aspect.

A bridging loan helps Singapore residents by providing financial assistance while in the procedure of liquidating assets. While the sale is still to be expected, a bridging loan can be extended to a customer by settling immediate payments and having it paid on a later date when cash is received. Below are our top 6 picks for the best bridging loan providers in Singapore.

Note: This list is strictly not in order.

1. Orange Credit

Image Credit: Orange Credit

Extending help to those in need is what Orange Credit revolves its business as a licensed financial provider around.  The moneylender accomplishes this by offering several features which include in-house consultation by an experienced officer within the establishment which is free of charge. Furthermore, Orange Credit has a two week no interest policy for new clients in addition to a repayment schedule built around for the ease of the client.

As one of the premiere institutions offering bridging loans in Singapore, Orange Credit assists the customer by being able to supply immediate financial assistance while the client is still awaiting for their necessary funds coming from the sale of property. The bridging loan by the enterprise is considered one of the best in Singapore in meeting the objectives of the customer.

Customer Reviews

Dan Md

Jia Sin was very helpful and didn’t hard sell anything. Together with her colleagues, they advised me financially and brought me back to the right path. Nothing pushy, just straight up honesty and sincerely with willingness to help.

Junaidy Sapuan

Thank you Orange Credit Pte Ltd for giving a long term plan. Staff Grace is very professional and friendly. Advise and plan for my financial. I strongly recommend those who are in need to look for them and you be impress by their professional service. Highly recommended.

Website: https://orangecredit.com.sg/loan/bridging-loan/
Contact: +65 6748 2320
Location: 810 Geylang Rd, City Plaza, #01-91 , Singapore 409286
Opening Hours: Mon-Fri 11AM-8PM | Sat 11AM-3PM | Closed on Sun

2. Capital Funds Investment

Image Credit: Capital Funds Investment

As a reputed loan provider headquartered in Singapore, Capital Funds investment is all too familiar with the financial obstacles many families and individuals face when encountered by sudden emergencies. These emergencies not only having an impact on the livelihood a person but the stability of cashflow as well. To counter these types of situations, Capital Funds Investments has set in place an efficient internal system which was designed to cater to the varying needs of individuals within a short amount of time span. The total amount of time needed is just within hours upon submission of Capital Funds Investment’s application form.

Bridging loans by Capital Funds investment are made easier by helping customers purchase their dream homes with ease. The establishment understands how quickly an opportunity may arise and leave, therefore having built their bridging loans to cater to urgent requirements as well. Requirements for availing the bridging loan include being of legal age, Singapore government ID, proof of income, a year’s worth of evidence pertaining to CPF contributions, and documents on the residence.

Customer Reviews

Jean Lee

Recently just apply $50000 for debt consolidation loan .Thanks for their advise to consolidate all the moneylenders loan .I save quite a lot interest and save all the trouble to remember all the different due date .Really appreciate for their time to work out a monthly installments plan for me.

Danny Noh

greatly appreciate the assistance from Capital Funds to help us when we are in need and the monthly instalments plan is really beneficial for us. highly recommended for their great and efficient services especially phoebe and stanley. thank you very much 🙂

Website: https://www.loancfi.com.sg/
Contact: +65  6281 7736
Location: Centre, Singapore 408559
Opening Hours: Mon-Fri 12PM-8PM | Sat 11AM-3PM | Closed on Sun

3. Lending Bee

Image Credit: Lending Bee

Composed of 4 branches within the island of Singapore, Lending Bee is not only a quality provider of bridging loans but has also made its services accessible to the general population. On the year of 2021, the financial provider has been able to receive recognition for its developments in the moneylending industry through the utilisation of modern technology which has not been seen compared to other bridging loan providers in Singapore.

The bridging loan provider is able to shell out a whopping amount of up to 300,000 Singapore dollars. Furthermore, the bridging loan offered by Lending Bee can be considered a step ahead of other financial institutions such as banks due to the ease of process in addition to the speed at which funds can be given. Even if an individual has an existing loan with the same provider, they still have the opportunity to avail of Lending Bee’s bridging loan.

Customer Reviews

Hardi Maon

The whole process was fast. Mr Andy & Loke was very professional and helpful. My second time coming back here. Thank you so much! Will recommend to my friends.

Lim Jason

Have been here for a few times for personal loan from this money lender company. Miss YuanXi who served me a few times still provide good customer services. Thank you for always making a good arrangement with the loan amount and tenure period.

Website: https://www.lendingbee.com.sg/
Contact: +65  6219 1611
Location:
14 Scotts Rd, Far East Plaza, #02-44/45, Singapore 228213
Yishun Central 1, #01-233, Singapore 760925
Bedok North Street 1, #01-111, Singapore 460213
Jurong Gateway Road, #01-335, Singapore 600135
Opening Hours: Mon-Fri 12.30AM-9PM | Sat 10AM-7PM | Sun 11AM-8PM

4. Aero Credit

Image Credit: Aero Credit

The team of Aero Credit are a group of passionate individuals who are eager to cater to the needs of their customers. The establishment has been operating within Singapore for more than a decade and has been able to present itself as a trustworthy establishment when it comes to financial assistance. The organisation offers personal, business, and bridging loans in addition to a few other types of assistance. To ensure quick transaction a client can take advantage of Aero Credit’s online platform which is able to determine whether an individual in Singapore is qualified for the requested loan amount.

Aero Credit’s bridging loan is aimed to help facilitate the purchase requirements of a Singapore customer by providing cash assistance prior to  the date when the client is expected to receive their funds. For a person to be eligible for the following, all they need to do is provide proof to the establishment so that they may verify the funds and release the bridging loan.

Customer Reviews

Fatimah Salleh

Very nice office. Clean and tidy. The lady is very polite. Must give you a good comment. She provided me a monthly installment plan for my personal loan. Very efficient money lender.

Rinah Ng

Contacted them through their website. Was pretty responsive and not pushy. Does offers instalments and really friendly bunch.

Website: https://www.aerocredit.com.sg/
Contact: +65 6256 6319
Address: 810 Geylang Rd, City Plaza,  #02-59, Singapore 409286
Opening Hours: Mon-Fri 11AM-8PM | Sat 11AM-3PM | Closed on Sun

5. Cash Direct

Image Credit: Cash Direct

With humble beginnings as a one-man show, Cash Direct has grown into a reputable organisation in the short span of approximately half a decade. The establishments aims to position themselves in front of those who are experiencing obstacles relating to money. Not only do they provide cash, but the business does it in a quick manner in order to meet the urgent needs of the client.

Cash Direct’s bridging loan application process is a hassle free procedure. The establishment takes the responsibility of doing the work for you when applying for a bridging loan. All the person has to handover are their credentials wherein the establishment can assure the potential borrower they are capable of handling the rest. These bringing loan services can be availed by either a permanent resident or citizen within the Island of Singapore.

Customer Reviews

Rajan Limo

Cash direct help me clear all my other loans and provide me with the best repayment plan. And he also explain to me how i can work on my finance for the upcoming months. This company really serve to help customers who have difficulties paying their multiple loans. Best moneylender in jurong east

Ng Ph

Contract was explained very clearly by Loan officer yuji and was advised on how to manage my financial commitment. They deserve more than 5 stars! With the professional service and attitude. I would say this is the best moneylender in Jurong east !

Contact: +65 6943 0088
Address: Vision Exchange, 2 Venture Drive #01-21, Singapore 608526
Opening Hours: Mon-Sat 11AM-8PM | Sun 8AM-5PM

6. Credit Hub

Image Direct: Credit Hub

In just under an hour’s processing time, Credit Hub claims it can complete an individuals loan process. As a financial provider, the organisation claims to take the top spot as a premier lender in bridging loans as well as other services. This is accomplished by the ease of transactions customers have with the business. Processing time is easy and requirements are simple to pass. The system of acquiring the loan can be completed in 3 stages. The first being to fill-up and complete the loan form for review wherein after approval the client will sign the papers and wait for the last stage is receiving the money.

The bridging loan from Credit Hub is best utilised when seeking to purchase a new residence. Under the strict protocol enforced by the government of Singapore, the establishment has been able to fulfil the needed requirements to become a licensed  moneylender.  People who choose to pursue a bridging loan from can rest assured they are in qualified hands.

Customer Reviews

Eleanor Tay

Took loans from Credit Hub for the past few months and they’re friendly and accommodating to my financial needs. Although a few times the amount I needed got rejected, they will still advise on what I should do to manage my finances. Pleasant experience with them! Recommended.

Teh Alex

Have with them for a period of time n their services is excellent, friendly counter staff, solving.my financial needs. Enjoy latest movies while having coffee n snacks. Excellent!

Website: https://credithubcapital.sg/
Contact: +65 6338 5115
Address: 190 Middle Rd, Fortune Centre, #10-01A, Singapore 188979
Opening Hours: Mon-Fri 11AM-8PM | Sat 11AM-4PM | Closed on Sun

Conclusion

Availing a bridging loan can close the gap when still awaiting funds in purchasing a new home. The best bridging loan providers in Singapore understand the quickly moving market of real estate and supply customers with the necessaries in procuring their new property. Bridging loans are usually considered low risk and establish repayment dates with are built around when a customer is expected to receive the proceeds of the sale of their previous asset.

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