SG’s latest SME loan provider

Getting a business loan in Singapore is no small feat. There are a few requirements you must meet.

Requirements to get a business loan for your SME:
  • At least six months since the incorporation of your company
  • Proof of annual income
  • Government-assisted funding only for companies registered and operating in Singapore with 30% Singaporean/PR ownership
  • Good credit score

First, vendors generally require your business to have been around for at least six months to qualify. If you’re established, you’ll still need proof of your annual income to lend, making it difficult for new business owners to get a business loan.

Second, government-assisted financing is only open to companies registered (and present) in Singapore, with 30% of the registered capital held by Singaporeans/PRs. If you don’t have enough Singaporean/PR shareholders, it will be more difficult for you to get a business loan.

Finally, credit scores play a huge role in determining whether the lender will reject your loan application, as a low credit score causes banks to doubt your ability to repay your loan.

With so many hurdles to jump through, not all SMEs are able to successfully secure a loan to get through the tough times.

This is where OxProp Capital comes in.

What is OxProp Capital?

Oxprop Capital is a money lending company specializing in home loans with a proven track record, having disbursed over $100 million in loans to date. They offer commercial property mortgages and residential mortgages that can be used to finance SMEs without requiring a good credit score, total debt service ratio (TDSR) or income-generating justification, either that the borrower has a home that is fully paid for.

With a mission to help people achieve financial independence to achieve their ambitions, they offer an alternative way to offer a wide variety of secured loans.

OxProp Capital Property Backed Loan

The Oxprop Capital Secured Home Loan is a loan secured by your home as collateral. For many, homes are a huge part of their wealth. A lot of cash is tied up and generally inaccessible, which represents a huge opportunity cost.

Home equity loans in Singapore often have lower interest rates than other types of credit, as there is less risk to the provider than with an unsecured loan. You’ll save money with a lower interest rate, and the interest you pay may be tax deductible.

It’s an easy way to free up extra cash at a low current mortgage interest rate, allowing you to expand your investment portfolio, start a business, or deal with a financial emergency. .

Using your home to secure your loans allows OxProp Capital to provide you with the best loan rates because it can pass the cost savings on to you through reduced risk. Therefore, home equity loans are suitable for people who have most of their equity in their property.

You can borrow up to 80% of your home’s Loan-To-Value (LTV) ratio at a fixed interest rate tailored to your terms and needs. They are incredibly transparent with their fees and offer a personalized financing service that gives you flexible borrowing options that can help improve your cash flow.

Alternatively, if you don’t have a fully paid-for home, you can choose to have a term loan. Term and home equity loans typically have terms of around 5 to 30 years, depending on the lender and their repayment options.

Legal fees Processing fee
~0.5% ~1-2%

Unlike traditional business loans which take a few months to process, Oxprop Capital has a relatively fast processing time of 1-2 weeks, depending on your situation. Although it is slower than personal loan platforms like Lendela, which only takes a few days for the money to be provided, it is still the best alternative for business loans, especially with the high amount of the loan (up to S$15 million) that OxProp Capital can provide. .

Loan process

Oxprop Capital has a simple loan application process that you can follow.

To apply for a loan, simply submit an application here and a representative will contact you. You can discuss personalizing your loan and submit the required documents, primarily requiring an income and asset assessment, for the application.

Once all of this is done, you will need to go to the OxProp office to sign the offer, and your loan will be paid out to you.

Disbursement of loan processing for OxProp Capital usually takes no more than a week.

Who is Oxprop Capital’s home loan for?

OxProp home loan

Consider this if
you are looking for a high loan amount with a fast processing time

  • Maximum funding
    • up to 80% of the value of the house, capped at S$15 million

Oxprop Capital seems to offer the best value for high paying employees or entrepreneurs who have fully paid off their house and want (or have already) started a business.

Some people in Singapore might want to establish themselves by getting a house before pursuing their long-term goals of becoming business owners. However, with a lack of capital after paying for their home, they have to choose to give up on their dreams since most of their net worth is tied to their home.

OxProp Capital eliminates this problem by reallocating home value to back a loan, providing opportunities for budding property-owning entrepreneurs.

Additionally, OxProp Capital’s property-backed loan could also be useful for entrepreneurs who are facing short-term cash flow challenges due to the current economic climate.

If you have a period scheduled, you will have to get out of it before your business starts making a profit again, and you have no way of getting a business loan from a bank, the loan secured by property ownership. ‘OxProp can reallocate the value of your property to the loan, leaving you with ample liquidity in these difficult times.

OxProp Lending Platform Features

In short, here are three features of OxProp Capital’s platform that just might be what you need:

Summary of OxProp Lending Platform
The rates are clearly indicated in the offers; No hidden cost is attached
Tailor-made loans according to your needs, the choice is yours
Loans available for those with bad credit.

The good thing about OxProp Capital is that they are extremely transparent about their pricing with no hidden fees. They also tailor loans based on your criteria instead of having a one-size-fits-all model.

Finally, because you are using your property as collateral, people with bad credit will also be able to get them.


Traditional business loans tend to keep aspiring entrepreneurs away from financing due to the risk of their business going bankrupt. Therefore, you must jump through many hurdles and provide a business plan or proposal with justified and calculated financials such as current and expected growth and revenue, which can be difficult to predict.

OxProp Capital aims to solve the problem of stringent bank requirements by tying collateral to your property rather than having to justify the expected growth of your business, making it user-friendly for people starting their business.

Click here to read our full review of Oxprop Capital, and click here to apply for a property-backed loan to finance your business.

This article was written in collaboration with OxProp Capital. Although we are sponsored by them, we always review products and services with an objective objective and remain true to our mission – to provide you with the best recommendations and advice to make smarter financial decisions.

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