SME Working Capital Loan for Singapore’s Businesses

With up to S$10 million credit line, our bespoke working capital loan is tailored to meet your unique business financing needs.

Get a quote today

Up to 10 million SGD of working capital loan

We can help your business cash flow needs of up to S$10 million.

Term loan rates as low as 0.8% per month

We work closely with your tailored needs to provide the most competitive interest rates.

Working capital facility
approved in 24 hours

With our bespoke financing solutions, your working capital can be approved as fast as within 24 hours.

Testimonial

From our client that trusted us

“LyteFinance provided us with the much-needed cash flow based on our unique requirements. The approved quantum and the speedy turnaround was critical in the success of our regional expansion.”

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Request for a quick review

Apply for your working capital in 3 easy steps

1. Send us a request

Drop us your details and we’ll give you a decision on your venture debt within a day.

2. Flexible access

We will tailor a working capital solution that works for you.

3. Receive capital

Once approved, we will transfer the funds to your businesses bank.

How we can help

Our working capital loan for Singapore businesses

✓ Small Business Financing

Helping SMEs reach their business goals. We believe in flexible access to a working capital loan when you need it.

✓ LyteLease: Cash flow from Rental Deposit

Leave no idle cash with your landlord. Convert up to 80% of your rental deposit to monthly payments of working capital for you.

✓ Invoice Factoring

Late payment headaches, no more! Get an advance and turn unpaid invoices into cash.

✓ Early Payment Discounting

Reduce the risk of late payments. Unlock working capital to fund your purchases.

We understand your working capital needs

39 million SMEs in Southeast Asia lack access to financial support despite contributing to 40 per cent of Southest Asia’s GDP. More than half of SMEs require working capital financing due to delayed payments, insufficient funding, and archaic banking systems.

Singapore SMEs struggle with cash flow

Even with healthy outstanding receivables

According to industry data, 72% of SMEs in Singapore regularly struggle with cash flow. Many of these businesses have healthy outstanding receivables, but often have low available funds to utilise. This results in unpaid salaries, late payment fees incurred by vendors, and the inability to grow their business effectively.

Industry data also shows that 35% of invoice payments are received late, which further worsen the cash flow position of businesses. This is critical to small and medium businesses, especially the sub-contractors which often have no legal means to enforce their invoice payments on time.

According to a study by Vias and Deloitte, 40% of Singapore SMEs have no access to bank loan financing. Therefore, it is crucial that Singapore SMEs have access to modern working capital loan and financing solutions, so that essential business operations will not be impacted.

Frequently asked questions

Questions and answers on working capital loans

Reach us at [email protected] for a detailed walkthrough on the application process or fill in the “Contact Us” form.

To meet the minimum requirements, your business must be:

  • A Singapore company with business operations in Singapore.
  • Have a minimum of one (1) Singaporean director; and
  • at least one (1) year of credit records prior to your credit application.

If you do not meet these requirements, we may consider other criteria subject to our discretion.

Today, businesses often request longer and more flexible payment terms. As a result, your business is constantly waiting to be paid. “Working Capital Financing backed by Invoice” helps your business improve cash flow by giving you money for your outstanding invoices today. This way you can pay employees and suppliers, and reinvest in operations and growth earlier. Invoice financing can either be a notification (where customers are made aware of the transaction) or a non-notified arrangement (where customers remain unaware of the transaction).

No, LyteFinance gives you an advance on your invoice amount. The amount is then repaid on the invoice due date. While a generic loan is not pegged to an invoice and have deferring repayment intervals such as monthly repayments.

A Working Capital Facility for the purpose of Procurement Financing is a loan that is taken to finance a company’s everyday operations, specifically, its purchases.

No third party will receive notice of your request for factoring unless you instruct us to do so.

A Working Capital Facility for the purpose of Procurement Financing is a loan that is taken to finance a company’s everyday operations, specifically, its purchases.

A Working Capital Advance on Security Deposits allows a company to unlock up to 80% of its security deposits (that would otherwise have been idle with the landlord) into payments to be amortised monthly.

Lyte Ventures is the holding company of Fundflow Pte Ltd. Lyte Ventures respects, and is compliant with, all applicable laws. The company consults with regulators, and keeps up to date with government-issued guidelines, regulations, and legislation in all jurisdictions it operates in.

Lyte Ventures is also the holding company of LytePay Pte Ltd. LytePay Pte Ltd is a Major Payment Institution licensed by the Monetary Authority of Singapore (MAS) under the Payment Services Act to provide (i) account issuance service; (ii) domestic money transfer service; and (iii) cross-border money transfer service. Please note that this does not mean you will be able to recover all the money you paid to if LytePay’s business fails.

Our Partners

Your business, your way

LyteFinance is proud to provide a full suite of tailored financial services for your working capital needs. Focus on building the next chapter of your business while we provide business financing you need.

Your Business, Your Loan

Helping SMEs reach their business goals.
We believe in flexible access to capital when you need it.

LyteLease

Leave no idle cash with your landlord.
Convert up to 80% of your rental deposit to monthly payments.

Factoring

Late payment headaches, no more!
Get an advance and turn unpaid invoices into cash.

Early payment discounting

Reduce risk of late payments.
Unlock instant credit line of up to $200k to fund your purchases.