General

Home General

Foreigner Loan in Singapore

Foreigner loan in Singapore

Qualifying for a loan as a foreigner is no walk in the park. You have to fill out multiple forms and give your lenders all sorts of the document to prove your residence, income, and employment. Borrowing money from any lender in the past was impossible for foreigners. However, recent changes to the law have made it possible for foreigners living in Singapore to access lines of credit from Singapore lenders.

General Requirements

If your lender offers loans to foreigners, you typically need to have:

  • A Foreign Identification Number
  • An eligible visa
  • Age 21 or older
  • Minimum RM S$3,000 per month
  • Employment pass

4 type of loans to be considered as a foreigner

Living in a foreign country can be challenging. But don’t let financial problems make your experience unbearable. Singapore lenders have provided you with an easy and flexible solution. As a foreigner, you can apply for four main types of loans.

Type

Description

Maximum amount

Unsecured Personal Loan An unsecured personal loan isn’t backed by any collateral and can be used for almost any purpose. And while your interest rate will likely be fixed over the life of your loan, you may have to pay a higher interest rate than with a secured personal loan. Up to

S$100,000

Secured Personal Loan A secured personal loan requires you to provide an asset as a guarantee- like your car or home. It protects the lender by allowing it to repossess and sell your asset to recoup its losses if you default on the loan. Up to

S$100,000

Payday Loan With repayment terms of two or four weeks, payday loans are typically for smaller sums of money. Up to

S$5,000

Installment Loan With a set number of payments over schedule periods of time, installment loans can last for a few months or more. Up to

S$1,000

 

Student loans for foreigners

Whether it’s NUS, NTU or SMU, the opportunity to study in Singapore can open many doors. But if you can’t afford the cost of attending a university in Singapore, an international student loan may be able to help.

How do loans for foreigner’s work?

For lawful permanent and non-permanent residents, applying for a loan is the same process as for citizens. There are no higher costs or fees, through interest rates may vary. However, the process depends on the lender and type of loan you choose.

Are there restrictions for foreigners?

As a foreigner, you might run into the following roadblocks:

  • If you don’t have a consistent credit history, you may be required to apply with a guarantor.
  • If you’re a foreigner who will be in Singapore for a limited time, approval for a loan may be hard.
  • If you’re not earning a comparatively high income, you may not be able to meet most lender’s eligibility requirements.

Bottom line

Getting a loan as a foreigner involves a lot of paperwork and time. But when you are in need of money, no matter what it’s for, there are options out there for you.

Bad credit personal loan $5000 Singapore

Bad credit personal loan $5000 Singapore

Having a bad credit history means that it has become really difficult for the applicant to obtain loan later in life. Certainly, it affects your reliability and eligibility as a serious borrower. It shows that you do not have sufficient finances as well. 

Although, there are some lenders who could be generous yet smart enough to grant with the loan of around $5,000 despite having a bad credit history on short term. Some of the lenders in Singapore can still offer you this loan amount to meet your financial obligations. Some of these institutions are:

Bad credit loans 

There is no harm in try as you can apply and find out if they are willing to grant you loan or not. The borrower can also visit or call them and ask for an idea about how to get a loan with such financial situation. The online form makes it easier for you to apply and the money gets transferred as soon as possible. The clients are provided with all the details of their loan amount, the rates charged, about the repayment method, etc. these details are provided beforehand so that the borrower will have a clear idea while taking the decision. 

OppLoans 

OppLoans offer you loan money from $500 to $5000 along with the viable repayment terms. The loan is in your account within a day means having an unattractive credit history is not going to disturb your monetary condition. The great thing is that they have the loan term of maximum 36 months and minimum 9 months. All you have to do is to meet their terms of minimum income. The benefit that any defaulter gets from this loan is that it provides you with the chance of improving your credit history. 

Lendela 

It will take you just a few minutes to apply for the loan at Landela and they can get you the borrowing amount of maximum $100,000. Now, as much as you borrow, the monthly payment cost will vary accordingly. The repayment calculator on the website will guide you with the payment schedule depends on the year to 7 years and from $1000 to $100,000. Landela do not ask that for what purpose the borrower needs the money, thus, you are free to use in any legal way that you want. The loan is deposited in your account a day after or in a day that saves you a lot of time. 

Credit thirty3

We know that bad credit history could result due to many reasons and that is why Credit Thirty 3 is the stop for you where you can look for assistance. For all the urgent cash requirements, this place never turns you down. Even if your salary is delayed, you can always look forward to this personal loan and get tension free. The company brings a number of loans to you such as business loan, grab taxi driver loan, payday loan and even if you are a foreigner in Singapore, you can get the Foreigner/ expat loan. The online form gives you the chance to not to waste any time and apply for the loan. 

Personal Loan for S Pass in Singapore

Personal Loan for S Pass in Singapore

Personal Loan for S Pass in Singapore

S pass allows the mid-level skilled foreigner to work in Singapore. They earn a fixed amount of salary at least 2,200 SGD, more experienced candidates can earn more. This S pass working visa specially designed for the skilled foreigner who seeks employment especially in engineering, electronics, oil, and chemical. Singaporean companies hire overseas technicians. This visa is valid for 2 years but it could be extended. S Pass workers can take their families along, it depends on their salaries.

S Pass Foreigner Personal Loan

As an S Pass foreigner worker has fewer salaries, they can face financial crises. Singapore offers S Pass personal loans. S Pass personal loan is like a personal cash loan that can fulfill your personal needs. The difference of applying for a personal loan between S pass foreigner and other foreigners lies in the qualifying criteria, which are as follows:

  • Monthly salary should be at least 2,200 SGD.
  • Age between 21 to 65
  • Have a valid Singapore work S Pass Visa
  • Payslips of last 3 months
  • Any employment letter from your company

Benefits of Personal loan as S Pass foreigner

The process and interest rates depend on the lender and the loan type you choose. But as S Pass Foreigner getting personal loan benefits you. Submitting documents and providing legal proofs seems a hassle but once you cleared and succeeded to get the loan application approved. You can get a loan on very flexible terms, which are as follows:

Low-interest rate: Get interested rates from as low as 3.7%.

Loan up to 8x your monthly income:  Maximum loan amount 8 times your monthly income can fulfill your biggest dream.

Fixed monthly repayment: Get convenient and flexible monthly repayments on your personal loan.

Redraw on your existing loan: you can redraw S$ 1,00 or more from your current loan for more financial flexibility.

Where can S Pass Foreigner get Personal Loan?

If you are in need of fast cash personal loan, it is advisable for you to get it from a reliable source. The best sources of getting S Pass foreigner personal loan in Singapore banks. But if you fail to qualify for a bank loan, don’t worry! you can go for legal institutions and licensed money lenders in Singapore.

Which Personal Loan is suitable for S Pass foreigners?

Personal loans are either secured or unsecured. You can pick one according to your needs. But as an S Pass foreigner if you need a small amount of money between $500 to $1,000 you are advised to pick up an unsecured personal loan, without collateral required.

Alternatives for Personal Loan for S Pass foreigners

As S Pass foreigner you move in Singapore with family and want to renovate your home but you are failed to qualify bank requirements. You don’t need to worry, there is an alternative loan to it. Expense, like renovating your home is eligible for special bank loans like renovation loans. You can apply for this loan; it seems less risky and has a lower interest rate than a personal loan.

Katong Credit Pte.Ltd. Singapore

Katong Credit Pte.Ltd.

Katong Credit is a licensed money lender in Singapore. It is a company built on trust and integrity and has a pool of clients from different walks of life. It is a nightmare to apply for a loan with a poor credit score. Either bank rejects your application or borrows money at high-interest rates. But Katong Credit has designed “Fast Cash Loan” to access cash. It is also known as “Bad Credit Fast Cash Loan.” Their custom loan products suit your needs. Their eligibility criteria are very easy even for foreigners they offer foreigner loans as well. Visit their website and get their amazing services.

Types of Loans offered by Katong Credit Pte.Ltd:

There are many certain points in our lives where we need financial support. You may need a loan to start a new business, home renovation, to pay off medical bills, or finance a new car. Katong Credit Pte.Ltd offered you a wide range of loans.

  • SME Business Loans
  • Foreigner / Expat Loans
  • Vacation loans
  • Domestic Helper Loans
  • Home Renovation loans
  • Wedding Loans
  • Luxury Goods Loan
  • Furniture Loan

Bad Credit Loans:

Getting a loan in Singapore on low credit rates/ poor credit history/ bankruptcy is almost impossible in Singapore. This has made the life of many people difficult. But Katong Credit understands that making low payments on bills and loans has lower your credit score. Many moneylenders deny you to give loans but Katong Credit gives you hope and gives you a loan on low interest with:

  • Bad Credit Fast Cash Loan
  • Bad Credit Payday Loans

Personal loan:

A personal loan is one of the most flexible loans available. Because you are not restricted to the way you want to spend this borrowed money. It is also known as “go-to-loan”.

Here are some different things that you can use a personal loan for:

  1. Pay off credit cards: Personal loan is useful for your outstanding balance on credit card. Get a personal loan, pay off your debt and then repay this loan over time.
  2. Medical Cost: Technology has made new inventions in medical science which made treatments easy but also very expensive. Like fertility treatments, dental services, and cosmetic surgeries, etc. You can use a personal loan to bear such medical expenses.
  3. Moving Expense: Although Singapore is not a big country it costs much to move offices & houses. In some cases, you may need new furniture and other accessories. With a personal loan, you can cater to that as well.

What you should know before applying for a loan:

Before applying for a loan, you should know that bank and the given package is ideal for you. Katong Credit provides all its customers the financial help they required. They approve your loan in 24-hours. The interest rate is depending on the type of your loan; if it is collateral-free then the interest rate will be higher if not then the interest rate will be low. But it is important to know the interest rate should not be exorbitant.

Who can apply?

Permanent residents of Singapore or a foreigner with passport and employment card. If you are permanently employed, you should have a work visa. Self-employed with a clear record of cash flow to apply for a loan.

Requirements & Documents:

  • Age above 21
  • Proof of Income
  • Handphone bills and proof of residence
  • Work permit (Foreigners)
  • Copy of NRIC card

Negotiation loan terms & Repayment methods: 

Usually, financial managers are responsible for negotiation term loans but this whole process is not as one-sided as it appears. The bankers always don’t win. You just need to think like a banker and understand his objectives to force you to get a specific kind of loan. Once you understand his objective you can save yourself from getting the loan you might don’t need. If you are good at talking you can force the financial manager to lower down your interest rate. If you succeeded and lower your interest rate even 1% you can save a huge amount of money.

Repayment Methods:

When a customer takes a loan from a bank, the bank expects that soon customers will be able to repay this loan. Interest rates are charged on the amount of the money. You can repay your loan in three different methods.

  • Equal Payments: if you know exactly when the loan period is going to end and you can afford a possible rise in interest rate than equal payments is your good to go for the repayment method. The repayment only changes when the interest rate changes.
  • Equal Instalments: When you want to make bigger repayment at the beginning go for this repayment method. Normally installment remains the same but according to the interest rate it varies: the increase in reference rate causes an increment in repayment; a decrease in reference rate causes a decrement in repayment.
  • Fixed Equal Payment: When you know how much you are going to repay; it is a handy repayment method because increment in reference rate extends the tenure period and decrement in reference rate shorten the tenure period.

Choose the repayment method that suits you.

News/Article:

Katong Credit introduces new packages according to the need and feasibility of customers. This has made their services more attractive. For example, on June 24, 2019, they have introduced “HDB Home & Condo Renovation loan” with fast and easy approvals. In Singapore its everybody’s dream to have their home. After owning a home, the next step is to renovate it and maintain its beauty. For which Katong Credit offers you home renovation loan. Similarly. Katong Credit understands the importance of exercising but it also knows gyms are very expensive in Singapore. Katong Credit helps you getting Gym Membership so that you can maintain a healthy lifestyle.

The new and very interesting loan is “Hair loss Treatment Loan”. Katong understands that thinning hair, balding, and hair loss could be the worst nightmare in men’s life. As its treatment is quite expensive. Katong Credit gives loan for this too.

Customer Reviews:

Customer review plays an important role in the reputation of any industry. When it comes to the bank’s loan review, it is considered an important tool for others to identify risks. If you need cash you just can’t take a loan from any bank. As banking is a customer-oriented industry and customer’s satisfaction is their key aspect. Let’s see what people have to say about Katong Credit’s services.

“Nice business to deal with, simply accessible place with quick approval. Personnel was kind and clearly explain the loan terms to me. They have also very good repayment plan.”  ~Yvonne Sim

 “I explained my situation to the collector that I needed some time to make a payment, the collector understands my situation and gave some additional time.” ~Mathew Ong

There are many other customers around the country who are satisfied with their services and recommend Katong Credit. But it is advised not to always depend on reviews as every person has a different experience. In the end, you are going to face the consequences of your choices so make the right choice.

Personal loan Singapore bad credit

Personal loan Singapore bad credit

Having a bad credit history could be problematic when you are in need of some personal loan, especially in a country like Singapore. There are several situations that lead you without having any income or money for the hard times. However, there is some insurance that covers the cost, but even they are not enough sometimes and you need to have a personal loan. 

For obtaining a personal loan, it is necessary that you have a good credit rating otherwise it becomes very difficult to obtain any loan. It may look challenging, but there are always options that you can discover, such as:

Reform the existing debt amount 

Having a negative credit score means that you have some unresolved debt in hand that you need to repay. Prior to applying for any personal loan, it is advised that you get rid of the debt that you already have on your side. This is the only way through which you can progress towards a better credit score. 

You can ask a few favors from your bank, like to decrease the interest rate so that you do not have to pay an extra amount of debt on your currently owed money. The other option is to speak to your bank if it can increase the payment period so that you could pay a possible amount every month. This way, you can pay at least some of the amount. 

By reforming your debt structure, you can actually pay it pretty soon by not stopping the borrowed amount. Smaller amounts will keep your status active and your credit history will get improved and will help you in getting a loan in the future. 

Request for the minor amount first 

To have a neutral effect over your lender, it is advisable if you apply for the small amount of the personal loan first. 

Earlier, we have talked about repaying the loan in small amounts and longer payment periods for improving the credit history. Applying for a reasonable amount at first will help you in coagulating that relationship with your bank. You need to ensure about making payments on time and not to miss any of them. This is an important step that will help you in maintaining your loan reputation. When you continue with this practice, the money lenders will have an idea to grant you with the bigger loan next time. 

Personal loan from non-banking sector 

Certainly, banks are strict with the bad credit history holders and maybe refuse you for the loan amount. The financial institutions like Singapura Finance also offer personal loans to the people. They have some distinctive rules and regulations like with their packages and risk factors, but you eventually get the loan. It does not mean that they do not care for your history; they just have another way to deal while granting loans to you. 

Whoever you are taking a loan from, just make sure that everything is documented and you have approached the licensed company or bank in Singapore.

Five Powerful Morning Habits to Help You Become More Successful

Morning Habits

Success is not a destination rather it is a journey.

With that being said,

It is important to layout the truth here, that you don’t become successful overnight. It takes a lot of effort and sacrifice. You build the ladder to success, yourself. The key to success is developing certain habits that help you be more productive and result-oriented.

One of the most essential habits that is crucial for your success is your morning routine.

Powerful Morning Habits

We all can agree that morning is probably the most important part of the day. It dictates how the rest of your day goes.

In order to help you climb the ladder to success,

Here are the top vital morning habits that will help you perform at an optimal level.

1.       Early to Bed, Early to Rise

A habit that all the successful entrepreneurs have in common, is that they wake up early, before everyone else.

Starting your day early can help you be more efficient as it will give you more time to focus on your goals.

Try to start your day at 4:00 am or 5:00 am by latest. This will give you an edge over others.

2.      Daily Dose of Motivation

You can never be motivated enough. Your brain requires a constant reminder as to why you’re doing all that you’re doing in order to stay focused.

To keep yourself motivated, you need to dedicate an hour of your morning to inspirational anecdotes or quotes.

Listening to inspirational podcasts can make you emotionally invest in your daily objectives, that will, in turn, increase your productivity.

3.      Incorporate Exercise

Exercising is crucial for your mental and physical health.

Including exercise in your morning habit, is an excellent way of getting your body ready to tackle the day. There are countless benefits of exercise for your brain. Also, the metabolism rate of your body is enhanced, as a result, you feel fresh throughout the day.

Blowing-off some steam in the morning will enlighten your mood as well.

4.      Prioritize

To carry out the daily tasks effectively, you need to know how you will be spending your day.

Time can be your best friend or your worst enemy, depending upon how you utilize it.

Scheduling your day, jotting down everything that’s important and then prioritizing them according to their significance, can save you a lot of time.

Before starting your day, make sure you’re organized to compete for the tasks in an orderly fashion.

5.      Intake of Nutrients

Healthy breakfast is an essential part of your morning.

Intake of nutrients that are good for your brain, will help increase your cognitive performance. As a result, you will be able to function better and your mind will be full of energy.

Try to have breakfast that includes;

  • Omega-3
  • Vitamin K
  • Vitamin E
  • Iron

Morning habits play a vital role in setting the tone of your day. So, make sure you have the best morning habits to conquer your dreams.

Top 3 Business Strategies for Online Entrepreneurs

Business Strategies for Online Entrepreneurs

Who is an online entrepreneur?

To begin with this topic you should have a clear picture of online entrepreneurs. Online or internet entrepreneurs are those owners or risk-takers who use the internet platform to cater to its customers. That is, its value proposition focuses on the web and web designing strategies to produce, market, distribute and promote its goods and/or services.

There are numerous strategies you can undertake to make sure your web-based business reaches success. However, these are the three main tactics you should prioritize in order to be the successful entrepreneur you dream of becoming.

SEO-Search Engine Optimization

SEO today holds significant importance in generating traffic towards your website. What it does is basically makes your website available on google search or any other search engine so people searching for product or services related to your business get access to your website. Or in simpler terms, it affects the online visibility of your web page or website. Hence helping you lure potential customers towards you. It generates quality and quantity traffic to your website example, through organic search results who use keywords that match your website content. It is, therefore, imperative that the content you put up is designed in a meticulous manner that it helps your target audience to easily reach you.
Since online entrepreneurs rely heavily on the internet and its various platform, your website and the content it holds plays a crucial role in the success of your business.

Social media marketing

Perhaps one of the greatest tool you can use in promoting your business and its offerings in social media. From mainstream social media platforms like Facebook to advertisement placements on Youtube channels, one can avail in reaching target markets-national or international with low costs and greater response. You must first answer your basic marketing questions like, who is your target market, and what are you offering to them?
 The benefits of social media are that it helps you create a brand image or identity, can aid in research prior to launch, engaging with potential and/or actual customers, and reaching a much wider audience.

Email Marketing

Sounds old school doesn’t it? Yet statistics show email marketing strategies give the highest Return On Investment ROI to marketing managers about 4 times greater than other strategies. So to establish a successful startup one must:

  • Create a catchy subject line which compels viewers to read your proposal
  • Avoid the use of technical terminology and jargons-in essence, the language you use should be user-friendly
  • Sell your offerings-what are the benefits of your offering and why should people buy it
  • Try avoiding the spam folder
  • And lastly, make your email mobile-friendly

All of these strategies won’t work if you’re lacking dedication, passion, and commitment, the foremost requisites of any successful entrepreneur. Give time and attention to your online business as much as one does to any business in general and watch your hard work bloom into success and profits.

Money Lenders in Singapore for foreigner

Money Lenders in Singapore for foreigner

Money Lenders in Singapore for foreigner

About 64% of the country population are foreigners and like everyone else in Singapore they can face financial emergencies and might not have savings for such rainy days. Don’t worry! Singapore provides you the best loan money lenders. So, after extensive research, we’ve come up with top Licensed Money Lenders in Singapore for foreigners. They are approved by the Ministry of Law. They are listed as follows (Be easy! sequence doesn’t base on any kind of ranking).

Katong Credit Pte. Ltd.

Katong Credit is a renowned moneylender company for foreigners in Singapore. Being a foreigner getting a loan from lenders with poor credit hours is not less than a nightmare. Either money lenders reject your applications or charge high-interest rates. Their terms and conditions for getting a loan are very simple and eligibility criteria are very easy. Their fast cash loan is designed to help you get quick cash. So, if you are a foreigner and facing financial crises, you are in luck as Katong Credit welcomes you. They offer very efficient and convenient loans for foreigners.

Credit 21 Pte. Ltd.

Credit 21 is one of the Trusted Legal Money Lender for foreigners in Singapore. They offer you the best personal loans. They’ve introduced different loan packages that must suit your needs.  Customer satisfaction is their top priority. To ensure their best customer services they have improved their process. If you are a foreigner and looking for a fast cash personal loan, Credit 21 money is your go-to lender. Their team of financial advisors has a solution for your all financial needs. They also have an online loan application portal, where customers can apply online and get feedback in 8 hours.

U Credit (Pte.) Ltd

U Credit offers you the most reasonable interest rates in Singapore. They are the most trusted money lenders for all kinds of loans in the country. If you are a foreigner in the country and find yourself struggling with cash flow issues. This is where U Credit foreigner loan comes into the picture. As a foreigner, you have the advantage to get a flexible loan to meet your financial needs. Whatever your emergency is you can access quick cash to sort out your problems.

1AP Capital Pte. Ltd.

1AP Capital is a highly professional licensed money lender company. It issues Personal loans, Renovation Packages, Business loans, and Education loans. 1AP Capital is the ultimate solution to all emergency cash situations. They believe in service excellence. Being a foreigner meeting all the financial needs could be tricky, flexible 1AP Capital foreigner loans can make your stay longer and easier. 1AP Capital has helped thousands of foreigners to access easy financing over the year.

Borrowing unlicensed money is illegal in Singapore. So, be very careful while getting loans. Above mentioned companies are Licensed, legal, and reputable Money Lenders in Singapore specially for foreigners. You can also go to other money lending institutes like Cash Express, FastMoneyLoans Singapore, SG Loan Singapore. They will provide you the best packages loan under low interest.

RHB personal loan Singapore

RHB personal loan

One of the renowned banks in Singapore, RHB has been serving clients for years and many of the banking customers prefer going to them for this purpose. In Singapore, it is not easy to obtain personal loan and on the favorable interest rates. The RHB has come up with the consumer friendly term’./]]]]]]]]]]]]]]]]]=s that has made borrowing possible. 

The personal loan by RHB offers a number of loan options in this regard, such as small business loan, house loan, refurbishment loan, furniture loan, education loan, etc. the distinctive feature about having loan with RHB is that you get a 3.888% rate in the first three months and then the rate increases according to the regulations after that. It encourages you to pay off your debt as soon as possible. 

Some of the type of personal loans that you can apply for, are:

Education loan 

Nothing is possible in life without an education and that is possible when you have a degree from a good institution. The interest charged to the students is very nominal that it becomes easy for them to repay the amount. The repayment plans are also very friendly that enables you to pay either after completing your graduation or on a monthly basis by getting the installments. This allows you to make career choices more openly. The repayment duration could be as long as ten years. 

Home loan 

Having one’s own home in Singapore is so ideal and it is not impossible anymore too. With the RHB loan, things have become less complicated when you can apply for a loan amount and get it on the immediate basis. The home loan can be paid off as stretchy as 30 years or as quickly as within five years. Apart from that the loan is provided on two variable rate packages that is on a building under construction or on completing properties. The interest rates are decided as per loan is issued, after 3 months as the client will get a letter of offer. It is better if you keep all the documents in place so that the process could be initiated as soon as possible. 

Home renovation loan 

Buying your home is not the only dream that you have, there is a need of renovation as well. With the RHB renovation loan, you can get at least S$30,000. The loan can be repaid within 5 years with the different interest rates vary from $15,000 to $30,000 from the amount. The processing fees are one percent as per interest rate. The bank offers you an amount that is 6 times higher than your existing salary. The bank authorities also contact you if you fill in your details on the online form. 

Conclusively, the loan can be gotten for any purpose while meeting all the requirements of the bank. The tip that all of the borrowers must follow is that try to meet your repayment schedule to avoid being in the bad debt category. When you make repayment on time, it makes it possible for you to reapply for the loan in the future.

Crawfort (Singapore’s leading Fintech) is changing the way you transfer money, Traditional Money Lending doesn’t work anymore

Money transfer

Most dynamic and emerging Fintech start-up of Singapore, Crawfort is changing the way people used to do money borrowing and lending.

Managing finances for you individually or as a company is not an easy task in fact maintaining fluid cash flow is a challenge for many Singaporeans. In Singapore, large numbers of people have people very limited credit access.

The good news is that your worries are now over because in cases where such help is needed, now there is a premier licensed microfinance company, Crawfort has tailor-made financial solutions for you. Crawfort was founded by two brothers called John and James Cheow. Crawfort is leading the way when it comes to creating innovative and dynamic solutions for moneylending which are not like your traditional models of moneylending; instead, it is bringing it into a new era of technology-enabled consumer finance.

As said by the CIO Mr John Cheow: “Our experience as entrepreneurs has made us realize how hard it is to access capital when you need it the most. Because of this, we identify and empathize with others like us, and want to help individuals, and small and medium enterprises, who need access to credit facilities.”

Bringing a revolution to financial market

Crawfort was founded eight years ago in 2011, the Fintech has successfully driven innovation and excitement on the emergence of smart digital processes. With these capabilities in capacity, the Fintech was able to reach a new high in providing smooth flow of internal processes and efficiently assigning resources to achieve greater results and productivity.

Now, Crawfort is the most trusted financial firm offering a wide range of loans ranging from personal, business to bridging, for a wide range of customers. The firm has seen an upward growth in returning customers which is a sign of its quality of service and appeal of its comprehensive range of products. Serving as further evidence of its excellent customer service standards and delivery, Crawfort has achieved around96 percent customer satisfaction reviews.

 Mr James Cheow, the CEO of Crawfort once said: “At Crawfort, customers are our primary focus. Sincerity, respect, and empathy are at the heart of our corporate culture and we believe excellent customer service is a direct reflection of these values.

We build trust through the way we’ve approached customer service, and we place a huge emphasis on building a partnership with our customers. We treat every customer with the utmost respect, and we like to make them feel at home. Over time, because of this, we have come to gain their trust and confidence.”


Pioneering the new ways

Even though the government’s implementation of new rules for moneylending, which has largely reduced the industry in terms of a number of lenders, Crawfort has stayed updated with these changes and has witnessed even faster growth. Through implementing new ideas and its approach as a whole to conducting business, it has looked to differentiate itself from the rest of the pack and is continually changing perceptions around moneylending.

Crawfort offers the best customer service and hospitality. It conducts transfers in a comfortable and welcoming environment and provides prompt service delivery through quality customer care. Its onboarding and approval processes also provide customers with a simple and seamless experience in applying for access to credit facilities.

Crawfort attracts the new generations of customers who are seeking an intuitive and impeccable user experience. Crawfort has employed the use of efficient solutions to process its loan applications using custom made algorithmic formulas in its predictive scoring credit methodologies. Crawfort’s approval process is fast and delivers responsible lending, it does not compromise on compliance and face-to-face customer screening.

Additionally, Mr John Cheow: “We’ve always sought to be a pioneer in the industry in many respects. For instance, we were the first moneylending business to use AXS and SAM machines and post offices for repayment transactions. Thanks to our adoption of the best of today’s technology, we have optimized internal processes, and this has translated to happy customers.”

Popular Posts

My Favorites

Bad credit personal loan $5000 Singapore

Bad credit personal loan $5000 Singapore

Having a bad credit history means that it has become really difficult for the applicant to obtain loan later in life. Certainly, it affects...
U Credit (Pte) Ltd. singapore

U Credit (Pte) Ltd

Open chat
Powered by