Within the Central Area of Singapore’s Central Region is River Valley. It is a planning area so named because of its location on the bank of the Singapore River.
Its central location makes it a prime origin point for visiting various spots in Singapore. You can experience the various activities and places that run along the riverbank and easily commute to many of the prime locations in Singapore’s Central Region.
If you find yourself traipsing along River Valley Road looking for something to do, you have plenty of options–as long as you’ve got enough funds! To make sure your wallet has you covered, visit a local moneylender!
Some Loans You Can Apply for in Singapore
Depending on your specific need, you have a variety of options to finance what you want to do! Here they are:
Personal Loan
As their name suggests, personal loans are loans obtained from banks or financial institutions that can be used for any personal need, with flexible payment options and fast financing.
Personal loans don’t require collateral because they are unsecured loans. They allow you to get a fixed amount of money over a fixed term at a fixed interest rate. Repayment terms are then spread out over a given period of time and are based on your loan contract, interest rate, monthly salary, processing fees, and repayment capabilities.
- Loan Amount: Up to 6x your monthly income.
- Interest Rates: 1% – 4%.
- Loan Tenure: Up to 12 months, subject to the terms of your contract.
Business Loan
Regardless of whether they are used for working capital, managing cash flow, emergency expenses, or mechanical repairs, business loans are your go-to choices for financing anything related to your business.
By lending money to an establishment to use to grow their business, business loans can help them navigate difficult economic circumstances.
- Loan Amount: Up to $200,000
- Interest Rates: 5% to 15%
- Loan Tenure: Up to 24 months, subject to the terms of your contract.
Payday Loan
Payday loans are short-term loans that give you immediate financing to address an emergency need while you are yet to be liquid. They are commonly repaid within a two-week period, usually your next payday.
- Loan Amount: Up to 1x your monthly income
- Interest Rates: 1% – 4%
- Loan Tenure: Within 1 month or on the next payday
Foreigner Loan
Singapore offers foreigner loans that are specifically tailored for foreigners within the country.
They are a lot like personal loans but have different, and somewhat stricter requirements, to be used by any foreigner for financing.
- Loan Amount: Up to 6x your monthly income
- Interest Rates: 1% – 4%
- Loan Tenure: Up to 12 months, subject to the terms of your contract.
How Can Fortune Credit Help You?
Fortune Credit is a licensed moneylender in Singapore that offers a variety of loan options you can use to finance your needs! It is trustworthy and efficient, reflected by a near-perfect customer rating on Google Reviews.
Get a loan with its quick and easy process!
Conclusion
Fortune Credit is the licensed money lender for any loan you might be looking for a while along River Valley Road! Check out River Valley Personal Loan and they can provide you with the financial help that you need!
Contact us and apply for a loan at 6777-1887.
