With high costs of living and a sluggish economy, it is common for people to experience financial difficulties. You might need additional cash to purchase necessities, foot the bills or cover an emergency expense.
Licensed money lenders are regulated by the Ministry of Law in Singapore to ensure you won’t be subjected to any illegal, unscrupulous activities. They provide a range of loan products, from personal loans to business loans, that give borrowers more financial control for their needs – with fast approval times. Some loan services are also available to cater to specific needs, such as weddings, renovation and working capital.
If you need help bridging the monetary gap in your everyday life, talk to one of the best 5 licensed money lenders in Toa Payoh for a suitable loan package that can help your cash-constrained situation.
Note: This list is strictly not in order.
1. Goldstar Credit Pte Ltd
Goldstar Credit Pte Ltd first opened their doors in Hougang in 2009, and later subsequently in Clementi before relocating to Toa Payoh. They decided on this convenient location in favour of those who are working in the city and the Central Business District (CBD). With a high loan approval rate, they aim to assure customers of their transparent loans with no hidden costs and no collateral required. They also strive to help those with existing bad credit, offering fast loan approvals under just 30 minutes!
As a credible and licensed money lender, their team of loan officers are certified experts in their filed who serve high standards of professionalism. They will approach your needs in a friendly and compassionate manner so you can feel assured of their service. Apart from the standard personal and business loans, they also offer other loan facilities suitable for weddings, studies, renovation and debt consolidation.
Contact Number: +65 6252 0088
Address: Blk 183, Toa Payoh Central, #01-254, Singapore 310183
Operating Hours: Mon-Sat 11AM-8PM | Sun 10AM-5PM | Closed on PH
2. Lending Bee Pte Ltd
Lending Bee Pte Ltd takes pride in offering personalised solutions with accessible loans to everyone in Singapore. They were one of the six selected by Ministry of Law to pilot new business models for money lending. Committed to constantly pushing boundaries, they digitalise the lending processes which enables them to provide lower costs and the best rates to customers. With a large capital backing, they can quickly provide you with a loan that caters to your needs.
Their team comprises of experienced financial consultants who are well versed in the money lending industry. They endeavour to listen attentively and understand every concern before advising the best financial plan. Fret not if you have bad credit, they will help to tailor a suitable loan and provide the financial help you seek. Strived to be the best, they have also pioneered an app for customers to access their loan details and check their loan status on the go!
Contact Number: +65 6259 1224
Address: Blk 190, Lorong 6 Toa Payoh, #01-548, Singapore 310190
Operating Hours: Mon-Sat 11AM-8PM | Sun 10AM-7PM | Closed on PH
3. Avis Credit (SG) Pte Ltd
Established in 2011, Avis Credit (SG) Pte Ltd is reputed as a reliable source of fast approval and flexible repayment money lending facility. Over the years, they have seen their base of clientele grew rapidly which speaks to their ability to offer a range of loan services at a competitive rate. They take the time to understand every individual’s concerns, knowing that every situation is unique. As such, their professional loan officers are highly trained to analyse different needs and recommend the most suitable loan package.
Currently, Avis Credit (SG) Pte Ltd offers personal loans, business loans as well as short term loans to lend the financial help you need. Plus, repaying your loans won’t have to compromise on your daily needs and lifestyle! They will thoroughly assess your paying capacity and work on a reasonable plan that allows for easy, fuss-free repayments.
Contact Number: +65 6883 2017
Address: Blk 185, Toa Payoh Central, #01-344, Singapore 310185
Operating Hours: Mon-Fri 11AM-8PM | Sat 11AM-7PM | Sun 11AM-4PM
4. Cash Mart Pte Ltd
Founded in 1969, Cash Mart Pte Ltd has grown to be a well-established licensed money lender in Singapore. Specialised in small-cap express loans, their products are designed to offer responsible solutions for people to meet everyday financial needs and modern lifestyles. Turning worries into solutions, they serve customers that fall under a broad spectrum of the credit cycle – from small-income earners to industry professionals who all require financial relief.
In just 3 easy steps, you can get fast cash loan right at your fingertips. Fill up the form online, get your eligibility and documents verified, and sign the contract once you’ve understood the terms and are satisfied with the package! You can expect to get the cash disbursement within half an hour of approval for payday and personal loans, while business loans typically require 7 days – with a loan amount of up to $300,000!
Contact Number: +65 6397 4111
Address: 277 Balestier Road, Singapore 329726
Operating Hours: Mon-Fri 11AM-8PM | Sat 11AM-6PM | Closed on Sun & PH
5. IP Credit Pte Ltd
With the goal to help borrowers solve their monetary issues, IP Credit Pte Ltd offers various types of loans such as foreigner loan, business loan, personal loan and payday loans with immediate approval process. This means no month-long waiting time for you to get the cash you need! Apart from the quick loan disbursement process, they also practise the utmost responsibility by educating borrowers on the loan process and the loan product they’re signing up for.
At IP Credit Pte Ltd, they welcome borrowers from different backgrounds and professions to engage in their suite of financial solutions. Providing more than just a smile for their service, they also regularly participate in seminars to ensure they stay ahead of all regulations related to money lending. This will provide you with a greater peace of mind by assuring that their loan products adhere to the best practices with a trustworthy service.
Contact Number: +65 6222 6405
Address: Blk 185, Toa Payoh Central, #01-332, Singapore 310185
Operating Hours: Mon-Fri 8AM-6PM | Sat 9AM-12AM | Closed on Sun