How long does it take for a request to get approved?

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• How long does it take for my application to be approved?

  Subject to our credit assessment, your application will be approved after we have received and verified all required documents. We will respond to you within 5 business days and an email notification on your account status will be sent to you. For ...

• What are the loan amounts that I (an SME) can request for, and will be able to obtain?

  If you wish to request for a business loan, the minimum amount is S$20,000 (with an incremental amount of S$1,000). The amount of loan that will be granted to issuers will depend on the result of the credit assessment carried out by MoolahSense. ​ If ...

• Can I accept a higher amount if the request is more than 100% funded?

  No. The maximum note amount is the requested amount.

• How long do I have before I can published my campaign and the duration that the campaign be listed?

  Once the draft of the campaign has been reviewed by MoolahSense, the prospective Issuer (SME) has up to 14 days to publish the campaign. A published campaign will be kept open for up to 21 days or until early acceptance by you, the Issuer (SME), ...

• Can my Business obtain financing for more than one invoice within a single note?

  Yes, you may obtain financing for more than one invoice within a single note as long as they are drawn on the same customer and their payment due date is the same.