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  • Download The Spring Singapore Bridging Loan Application Form

Get Download The Spring Singapore Bridging Loan Application Form

CONFIDENTIAL APPLICATION FOR LOCAL ENTERPRISE FINANCE SCHEME (LEFS) / VARIABLE INTEREST LOAN SCHEME (V-LOAN) LEFS BRIDGING 1. 2. 3. V-LOAN BRIDGING You may require 20 minutes to fill in this form.

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How to fill out the Download The SPRING Singapore Bridging Loan Application Form online

Filling out the Download The SPRING Singapore Bridging Loan Application Form online is straightforward, but requires careful attention to detail. This guide will provide clear instructions to help you complete each section of the form efficiently.

Follow the steps to successfully complete your application online.

  1. Click the ‘Get Form’ button to access the application form and open it in your preferred editor.
  2. Begin with Part 1, which involves entering your company data. Provide the registered name of your company as per ACRA, correspondence address, and the details of your contact person including email, phone, and fax numbers.
  3. Fill in the ACRA Reference No./UEN, date of registration, business activity, and number of staff. All fields must be completed to advance.
  4. For shareholding details, list the names of shareholders, their nationality, and share percentages. Ensure that the total percentage equals 100%. Include separate sheets if necessary.
  5. Consolidate past performance data in the designated section by providing information on sales, net profit before tax, and fixed asset investments for recent fiscal years.
  6. In Part 2, specify the loan facilities you're applying for, indicating the amount of financing required and any concurrent loan applications that are pending.
  7. Complete Part 3 by making the necessary declarations regarding your company's status, loan exposure, and purpose of the loan. Ensure that all required boxes are checked.
  8. If applying for overseas operations in Part 4, describe the strategic functions conducted in Singapore as they relate to your international business.
  9. Before submitting, use Part 5 to check that all necessary supporting documents, such as financial statements and ACRA searches, are attached.
  10. Finally, you may save your changes, download the completed form, print it if necessary, or share it with your financial institution for submission.

Start filling out your document online today to take the first step towards securing your bridging loan.

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Capitalised Interest vs Simultaneous Repayment Bridging Loan With this, repayments will only commence after you sell your old home. As such, you don't need to pay for two loans at the same time. On the contrary, Simultaneous Repayment bridging loan works the other way around.

Depending on several factors, it can take anywhere between 72 hours to a few weeks for a bridging loan to complete. Compared to other easy cash loans, such as instant cash loans and payday loans, bridging loans are not the fastest type of finance to get approved because of their complexity.

Bridging Loan. If you're in the midst of selling your property and buying a new one, you'll most likely apply for a bridging loan to help you bridge the monetary gap. By signing up for a bridging loan, you'll be able to raise capital and clear necessary payments for the new and/or existing property.

Terms and conditions apply. Singaporeans/PRs of age = 21 years and annual income = S$30,000. Minimum bridging loan amount S$30,000. Maximum bridging loan amount S$300,000. Must have proof of sale of existing property. Must take the bridging loan together with home loan for new purchase.

Luckily in Singapore, foreigners are offered a range of personal loan options by banks and licensed financial institutions.

Helps pay for the down payment of your new property purchase while waiting for the sale proceeds from your existing property. You would only need to repay the interest on the bridging loan during its loan period. Once you have received the sales proceeds from your existing property, you would need to make full payment.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232