SmartLend Launches in Singapore to Revolutionize SME Financing

SINGAPORE, March 18, 2025 – Small and medium-sized enterprises (SMEs) in Singapore now have a smarter way to access financing. SmartLend, a fully digital alternative financing platform, has officially launched to simplify the loan process for businesses, cutting out intermediaries and reducing costs.

For many SMEs, securing a loan through traditional banks can be challenging due to strict credit requirements and lengthy approval processes. Meanwhile, alternative financing often involves high broker fees—ranging from 3% to 7%—or hidden charges that make borrowing more expensive.

SmartLend aims to change that by offering a free-to-use digital platform where businesses can compare and secure financing options quickly, transparently, and without extra costs.

How SmartLend is Transforming SME Financing

Unlike traditional loan applications that require navigating through multiple lenders and brokers, SmartLend streamlines the process by providing direct access to a wide range of financing options. Here’s how the platform benefits SMEs:

No Intermediaries – Businesses can apply for loans directly, eliminating costly broker fees.
Transparent & Fast Loan Comparisons – SmartLend offers a side-by-side comparison of financing options, helping businesses secure the best deals quickly.
100% Digital Process – From application to approval, everything happens online, reducing paperwork and speeding up funding access.

Danny Phua, CEO, SmartLend

Addressing SME Financing Challenges in Singapore

Singapore’s SMEs are the backbone of the economy, yet many struggle with cash flow and securing the funding needed for growth. With SmartLend, businesses can now navigate the alternative financing landscape with confidence and ease.

The platform empowers SMEs with the tools to make informed borrowing decisions, access funding faster, and reinvest in business growth—without unnecessary costs.

The Future of SME Financing is Digital

SmartLend’s launch marks a significant step towards a more efficient and accessible financing ecosystem for businesses in Singapore. By leveraging technology, the platform ensures that SMEs—regardless of size or industry—can access the funding they need, when they need it, at the best possible rates.

For SMEs looking to explore their financing options, SmartLend is now live and ready to help businesses secure funding with ease.