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The businesses in the region are still recovering from 2007/08 global recession and the economic growth of the country is facing a slowdown because of global factors. Small business owners furnish the resources of their business needs from their personal savings as only a few get the backing from venture capitalists or find support from other sources. With the global slowdown, things seem to be harder for small business to grow and prosper as financial prospects of SMEs have not improved over the past one year and they continue to reel under financial pressure.

In this environment, setting up a new business enterprise is also stressful as most entrepreneurs face issues related to raising capital for achieving small and long-term business objectives. Moreover, with the advancements in the technology, introducing innovative techniques in the business operations involve huge funds. Due to financial uncertainties, banks have adopted a stringent approach while funding SMEs, impacting their performance as the businesses are unable to exploit their maximum potential.

At GoldStarCredit99, we recognize the importance of SMEs to the country’s economy and role played by small firms for generating employment as well as increasing the GDP. Our small business loan solutions in Singapore help SMEs get easy access to finance to boost their businesses and grow amidst the rapid changes in the financial sector. We understand the demands of different types of businesses and hence, real estate loan, business personal loan and commercial loan packages have been designed. Our financial advisors work closely with our customers for selecting business loan package that best suits your business needs and our versatile repayment options, including variable installments, allow you to make smaller payments during periods of low turnover.