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Your Digital Loan Solution

Flexible Financing | Fast Processing | Easy Application Process

Additional funds might be the little boost your business needs to thrive. Benefit.X has partnered with FundTier to support SMEs to go digital.

Existing customers keen on a digital loan can perform easy-apply in the Benefit.X App

At Benefit.X, we understand the struggles small businesses go through when applying for loans. Aside from the tedious paperwork and application procedures, the high interest rates may end up hindering growth. Without capital, a business is likely to stagnate. As the purpose of the Benefit.X Suite is to be a toolkit for scaling small businesses, this was an issue we had to address.

Hence, we have partnered with FundTier, a MAS regulated, CMS licensed crowdfunding platform that connects local businesses seeking funding with investors looking for alternative investments.

Download Benefit.X App here

Loan Options

Working Capital Loan

Unsecured short-term working capital loan up to 12 months

Invoice Financing

Provide financing that suit the credit terms of your invoices

SME Grant Bridging Loan

Customisation of the Benefit.X Business Platform is claimable by grant, but we can help fund it first. Contact us for more details

Loan Options

Working Capital Loan

Unsecured short-term working capital loan up to 12 months

Invoice Financing

Provide financing that suit the credit terms of your invoices

SME Grant Bridging Loan

Customisation of the Benefit.X Business Platform is claimable by grant, but we can help fund it first. Contact us for more details

Streamlining loan processes

Gone are the long processing times, every moment spent waiting is time wasted. As our valued customer, your company details such as claims made, leaves approved, and payroll generated etc. are already in our system if you are using our HRMS. This legitimizes your company as the data shows that you have proper structures in place and are a genuine business. Thus, this cuts down on approval time as less assessment needs to be done on your company.

Requirements

To be eligible for the loan, you must have an active Benefit.X account and fulfil the criteria provided by Fundtier.

Benefit.X Suite

  1. Must be a Benefit.X customer
  2. Completed your KYC
  3. An active user of the Benefit.X Corporate Card

Working Capital Loan/ Invoice Financing

  1. Company operated for more than 12months
  2. No pending litigation for both director & company

Required Documents

  1. 6 months bank statements
  2. Past 2 years NOA of all directors/shareholders
  3. Latest CBS of all directors/shareholders
  4. Money Lender’s Credit Bureau Report
  5. NRIC front and back of all directors/shareholders
  6. Total bank/non-bank borrowing details
  7. Others (if applicable)

SME Grant Bridging Loan

  1. At least 1 director is a Singaporean/PR
  2. Company with no pending litigation
  3. Received the grant offer letter from Enterprise Singapore

Required Documents

  1. NRIC (front & back)
  2. Letter of Offer from Enterprise Singapore
  3. Past 3 months bank statements
  4. CBS & MLCB

Using Loan Capital

Upon approval, your loan will be disbursed through the Benefit.X platform. You can then allocate the funds to pay for the following:

Employee Salary

Rent

Software Subscriptions

Other Invoices

Using Loan Capital

Upon approval, your loan will be disbursed through the Benefit.X platform. You can then allocate the funds to pay for the following:

Employee Salary

Rent

Software Subscriptions

Other Invoices

Create a Benefit.X Account Today!

Create a Benefit.X Account Today!