What documents do I need to prepare when applying for a small business loan with HS Credit in Singapore?

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

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