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Chinese New Year 2022

Dear customers, we will be closed from 31st January to 3rd February 2022 for the festive celebration. We will be open on the 4th February 2021 again. Singa Credit wish you and your family good health and lasting prosperity.

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Types of Insurance

Life is full of uncertainties; that is why the best remedy that you can have is to be prepared for it. Wherever you are, you can always rely on insurance plans to save you from rainy days. Singapore has a lot of competitive insurance companies that are just within reach. Among the best are Prudential, HSBC Insurance, Manulife, and Great Eastern Life. Although having a pool of insurance companies to choose from is an advantage, sometimes if the entity who buys an insurance lacks knowledge on this matter, it can still be destructive.

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Financial Statements

The Must Know Things about Financial Statements Understanding how to work with numbers in a company’s financial statement is very important for stock investors. It is essential for a company to make meaningful interpretations and proper analysis of income statements, balance sheet, and cash flow statements to find out the company’s investment qualities and abilities […]

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NEW YEAR 2022

Thanks for choosing us and putting your trust in our service, wishing to serve you again in this new year. We are close on 1st January 2022, but we will be back on 2nd January 2022.

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Merry Christmas 2021

Dear Customers, Singa Credit wishing you a very Merry Christmas and and amazing New Year! We will be closed for 25th December 2021 but we will be back on 26th December 2021

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Loan in Singapore

Why is that you will find loans that come with options of 1, 3, 5 or 7 year term with fixed installments while others don’t? It is simple, in Singapore; there are two types of loans. One of them is a revolving loan while the other one is a term loan.

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The Cash Cow Business

Today business adventures are split into four categories that depict how they are faring financially. Everyone wants a business that is a “Cash Cow” because this type of business creates revenue continuously. The other categories are Star, question mark, and dog. The beauty of a “Cash Cow” is that it will constantly produce a good cash flow without having to invest capital to maintain its existence. This type of revenue can be a standalone business or exist within a business that has other market shares.

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Term Loans for Business

There are two kinds of loans short term loans and long term loans. Generally loans that are repayable within 12 months are classified as short term and loans that are to be repaid in tenor beyond 12 months are classified as long term loans.

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Loan application

When applying for a loan, you will be served with loan application forms in which you will be required to provide your personal information. Banks look forward to making profits from the interest they charge on loans and for this reason; they aim at reducing the risk of bad loans as much as possible. Some of the most important information that banks look out for include:

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licensed moneylender bugis

We all know that stock prices change all the time. Sometimes, they rise real high, at times, they fall real low. There are also times when the stock prices are very volatile and change every minute.