Bridging Loan in Singapore

Efficiency is our priority. By using MyInfo via Singpass for instant profile verification, our team can typically provide an in-principle decision within 15 to 30 minutes. This automated process ensures that applicants with a complete digital profile receive the financial certainty they need without delay.

You can receive your funds on the same business day. After receiving your in-principle approval, simply visit our Novena office to verify your documents and sign the contract. Once signed, your bridging loan funds are disbursed immediately via PayNow or Bank Transfer.

We offer a faster, more flexible bridging loan alternative to traditional financing. While banks have rigid criteria and long waiting periods, we focus on your current repayment capacity and the equity in your property transition. This allows us to provide unsecured bridging finance without the weeks of red tape.

We understand that property transactions can be unpredictable. We offer flexible loan extensions and can restructure your repayment plan to align with your new completion date. Please contact your loan officer as soon as a delay is expected.

Yes. Our Singapore bridging loans are designed specifically to cover immediate cash outlays, including Additional Buyer’s Stamp Duty (ABSD), Stamp Duty, and legal fees. This ensures you can secure your new property without dipping into your emergency savings or long-term investments.

Yes. United Credit is a fully licensed moneylender regulated by the Ministry of Law (MinLaw). You can verify our license on the Official MinLaw Registry of Moneylenders. Our office is conveniently located at Novena Regency on Thomson Road.

In accordance with Ministry of Law regulations, the legal limit for unsecured loans depends on your annual income:

No. At United Credit, we focus on your current ability to repay and your employment stability rather than just your past credit history. We offer a fair and inclusive assessment for all applicants, providing a viable bridging finance option for those with less-than-perfect credit.

We maintain 100% transparency. Our costs strictly follow Ministry of Law caps:

• Interest Rate: Maximum 4% per month.
• Administrative Fee: A one-time fee of up to 10% of the loan principal.
• Late Fee: Capped at $60 per month.
• Late Interest: Maximum 4% for each month the repayment is late.

No. At United Credit, we encourage financial prudence. You can settle your bridging loan early with no early repayment penalties. Any remaining unaccrued interest will be waived, subject to the terms stated in your loan agreement, helping you reduce your overall borrowing costs.

Yes. We assess each application based on your total financial capacity and debt-to-income ratio. Our consultants will work with you to ensure that your bridging loan is manageable and sustainable within your current property transition budget.

No. Our bridging loans are unsecured. You do not need to pledge assets such as your home or car. We rely on your income and proof of property transaction, making it a low-friction option for immediate financial support.

United Credit provides flexible tenures of up to 35 months. While most bridging loans are settled in a lump sum once your sale proceeds or CPF funds are released, we can structure a monthly repayment plan to suit your cash flow.
You can apply online now and discuss a customised schedule with our loan officers to ensure your transition remains financially manageable.

Yes. At United Credit, your privacy is handled with strict confidentiality. As a licensed money lender Singapore regulated by the Ministry of Law (MinLaw), all loan applications and personal information are managed securely and discreetly. We do not practise hard selling or share your details with third parties without your consent.