We offer personalised financing through securities–backed financing and insurance policy-backed financing.
Our team will work closely with you to understand your needs and analyse your current financial situation.
– Assess and determine the right solution for you
– Anticipate and respond to your needs
– Work closely with you from application to funding your loan
– Offer ongoing, personalised support throughout the financing period
Typical Types of personalised financing packages:
– Business loan/Working Capital loan
Finance your business’ day-to-day operations.
Starting and running a business is a huge commitment. It is never easy to manage the inflow / outflow of the business, and temporary cash flow gaps that may arise.
We offer a financing service to help you out with your working capital, business expansion and other business needs.
– Education loan
Perhaps you are thinking of furthering your studies?
Higher education may widen your career prospects, help you obtain that promotion and expose you to a new set of skills. However, the costs associated with the studies can be hefty.
We offer a financing service to help to cover your tuition fees throughout your study.
– Renovation loan
Building a comfortable house is a dream for everyone.
However, renovating a flat in Singapore can be costly. Prices can go higher if you are engaging an interior designer to design your dream home.
We offer a financing service to help you spread out your payment over time, so you can spend your time on the things that matter the most – building your dream home.
– Wedding loan
Every couple wishes to have the wedding of their dreams.
However, a wedding held in a hotel or restaurant is costly and a hefty sum for a couple to fork out at one time.
We offer a financing service to help you spread out your payment over time, so you can focus on creating the best memories/scenes in your life.
– Liquidity/Lifestyle loan
Owning a property, investments in the financial market and insurance may be on most people’s minds. However, such assets lack liquidity, as most of the earnings are invested into assets mentioned.
We offer a financing service to help you unlock your assets’ value, turn it into cash, and enhance your cash liquidity. You may improve your lifestyle quality with the additional money received.
We offer two types of loan structure, term loan and revolving loan.
|Term Loan||Revolving Loan|
|Monthly instalment of Principal + Interest [P+I]||Monthly instalment of Interest only [I only]|
|Fixed monthly repayment commitment||Flexible repayment on Principal. Repay Principal latest by loan due date|
|Lower interest charges as interest is charged on a reducing balance basis||Do not allow to withdraw the Principal paid earlier|
|Structure similar to HDB loan, Motor loan||Structure similar to overdraft facility, credit card loan|
|Suitable for people who prefer fixed commitment||Suitable for people who need the financing amount throughout the loan period.|
Please select “UEN” in your paynow payment option, UEN number: 198305883C. The payee display name is PHILLIP CREDIT P L-L M
Please see the bank details as below,
|Bank Name||:||Standard Chartered Bank|
|Branch Name||:||Standard Chartered Bank (Singapore) Limited|
|Branch Address||:||6 Battery Road|
|Account Name||:||Phillip Credit Pte Ltd|
|Bank Account Type||:||Current|