QV Credit - Licensed Money Lender in Singapore

How to Get a Commercial Property Loan in Singapore? Life Tips It’s hard to find information on commercial property loans online. Although they are similar to residential property loans, there are some differences, including the types of loans available. Whether you’re looking to purchase a space for your business or starting out with real estate investment, you’ve reached the right place. Let’s break it down. What is a Commercial Property Loan? For a start, it’s a loan you take out to finance commercial property. These loans are sometimes referred to as business property loans. Such a loan could be used for a variety of commercial types: Office Units Shop Houses Coffee Shops Retail Spaces Units in a Business Park Mixed Developments Who needs a commercial property loan in Singapore? The primary reason for purchasing a commercial property is very different from a residential property. Residential purchases are based on personal preferences and l...

Money Lending Act: How to Know If a Moneylender is Licensed? Life Tips With a lengthy waiting period for the completion of a Build-To-Order (BTO) flat, getting a BTO has long been in the planning for many Singaporean couples out there. However, there is still a great number of Singaporeans that choose to rent a flat. If you’re one of those who fall into this category, you might have thought of this: How should I pay for my rent? Here’s what we will be discussing; should you pay for your rent with a credit card? Several startups like CardUp and iPaymy, have gained much attention from the public; by enabling customers’ usage of their credit cards to pay for big-ticket items such as rent. In turn, customers get to earn miles on these payments. While this does sound enticing, paying for your rent with your credit card could turn out to be a costly move that does not yield many benefits. Instead, you are more likely going to lose money by doing so, even after consid...

Unexpected expenses and emergencies can really turn your life upside down. Living in Singapore doesn’t make things any easier. Our bills get more and more expensive as the years go by. For the average hard working employee in Singapore, it can be pretty painful looking at all the utility bills, rent, and necessities that need to be budgeted. Sometimes, you finish budgeting only to see that you are coming up short for all the necessities. Or maybe you want to go for a nice family holiday at the end of the year, but you don’t have enough to pay for all the bills and a vacation. That’s where applying for a monthly loan comes in handy. What Is A Monthly Installment Loan? How does it work? A monthly installment loan works similar to a personal loan. It is a lump sum that you can borrow for a year or longer at a fixed interest rate. Upon disbursement of the loan amount, you can use it for any purpose. During the tenure of the loan, you have a fixed monthly repayment that consists of pr...