The Unofficial Guide to Personal Loans, Business Loans and Grants Available in Singapore

The Unofficial Scientium Guides to the Singapore Financial Landscape

About Scientium Singapore provides a set of unofficial guidelines to help consumers and businesses choose from the wide variety of confusing loans, grants and other financial schemes provided by public and private financial institutions in the country of Singapore.

Very often, some financial options and schemes (especially for businesses) are largely unregulated. A personal loan in Singapore is usually highly regulated. But for businesses, new initiatives such as peer-to-peer lending may be a good alternative for business loans. However, it does come with additional risks, especially for the peer-to-peer lender. Usually, with business loans documents of assets are pledged to ensure the payment. Foreigners on work pass sometimes have limited options when getting a loan as well.

Our aim is to demystify and provide a resource for businesses and consumers looking to invest and borrow, foreigners looking to get a foreigner loan or somebody looking for short or long term investment. Through this site, you will learn the risk and the advantages of getting a loan for yourself or your company.

Learn and understand the typical principles of different loan approvals. Please be reminded that no particular institution provides the same loan terms and contracts. Read through the frequently asked questions collated for you to easily unravel the loans and financial schemes that will suit your needs.

Different institutions offer various terms for personal, business and foreigner loan, don't rush and take advantage of all the options that you have. Be always mindful of the interest rates, duration of the loan and other fees included in your terms as these will greatly affect your monthly dues.

Finally, please note that these guides are "unofficial". While we aim to keep this information up to date, please do your own research according to your need before proceeding with any loan, investment or otherwise. The information on this site does not constitute any financial advice (of any sort). For more information, please read our terms.