When applying for a small business loan in Singapore, you’ll typically need to provide several documents, including:
- Business registration documents (ACRA BizFile)
- Financial statements (Profit and Loss Statement, Balance Sheet)
- Bank statements (typically for the past 6-12 months)
- Business plan outlining your company’s objectives, operations, and financial projections
- Identification documents of the business owners or directors (NRIC for Singaporeans/PRs, Passports for foreigners)
- Any other relevant financial documents or licenses specific to your industry