For unsecured Business Loans, the following criteria apply::
1. a Singapore-registered Private Limited and Limited Liability Partnership entity
2. have at least 1 year of accounts filed with ACRA or have been trading for 2 years
3. have a minimum annual turnover of S$300,000
4. Be able to provide a personal guarantee from a Singaporean/a Singapore Permanent Resident or a corporate guarantee from a Singapore incorporated entity” to be added after the minimum annual turnover criteria
For Invoice Financing, the following criteria apply:
1. a Singapore-registered Private Limited and Limited Liability Partnership entity
2. have a total annual revenue of S$100,000 with a minimum of 12 months operating history
3. have tax invoices with fixed payment terms of 15 – 90 days from customers
4. the face amount of the tax invoice must be at least S$20,000 and above
Regardless of the above, MoolahSense will conduct further credit due diligence and may impose additional requirements.