Frequently Asked Questions
Everything you need to know about CrediFlow Business Loans—eligibility, rates, process, and more.
About Credezo
Who we are and how we operate
Eligibility & Requirements
Criteria and documents needed to apply
Loan Terms & Pricing
Interest rates, fees, and loan features
Application Process
From application to receiving funds
Repayment & Servicing
Managing your loan after disbursement
About Business Loans in Singapore
Why SMEs Choose Alternative Lenders
Traditional bank loans in Singapore often require extensive documentation, lengthy approval processes, and collateral that many SMEs don't have. Alternative lenders like Credezo fill this gap by offering faster decisions, simpler requirements, and flexible terms designed for business realities. While interest rates may be higher than bank loans, the speed and accessibility often make the total cost worthwhile for businesses with time-sensitive opportunities.
Working Capital for Business Growth
Working capital loans like CrediFlow are designed for short-term business needs: bridging cash flow gaps, financing inventory, managing seasonal fluctuations, or seizing growth opportunities. Unlike long-term financing, these facilities are meant to be repaid within months, not years. The key is matching the loan tenure to your expected cash conversion cycle.
Understanding Flat Rate vs Effective Rate
Our quoted rates (1.1%–2% per month) are flat rates, meaning interest is calculated on the original principal throughout the tenure. This differs from reducing balance or effective annual rates used by banks. Flat rates are standard in short-term business lending and make monthly payments predictable and easy to calculate.
Responsible Borrowing
Before taking any business loan, assess whether your business can comfortably service the debt from operating cash flows. Consider the total cost including all fees, not just the interest rate. At Credezo, we encourage borrowers to use our calculator to understand monthly obligations and only borrow what they genuinely need for productive business purposes.