Foreigner Loan

We offer unsecured foreigner loans with fast approval, extended repayment terms, and minimal requirements — a reliable financing solution for expatriates in Singapore.

Elite Investment & Credit is one of the Top Licensed Money Lender in Singapore

Secure a personal loan for foreigners in Singapore

Navigating financial challenges in a foreign country can be overwhelming, especially when you are faced with an unexpected circumstance whether due to family medical emergencies, paying phone bills, daily expenses, or even buying items that you want.

Most financial institutions often impose stricter requirements, lengthy processing times, and high rejection rates, leaving you feeling stuck and helpless.

At Elite Licensed Moneylender, a licensed money lender offering foreigner loans in Singapore, can be your solution. With low interest rates, flexible repayment terms, faster approval processes, and personalised foreigner loan options, you can get a loan you need hassle-free. Regulated by Singapore’s Ministry of Law, this foreign loan provides peace of mind and reliability, ensuring you can borrow money for your specific needs with confidence.

3 Simple Steps to Apply for a Foreigner Loan

Step 1

Easy Online Submission

Enjoy a seamless and fuss-free loan application process. Submit your request quickly and securely online using Singpass Myinfo or the loan application form. Let us know the loan amount you require, and our skilled loan officers will promptly assess your case.

Step 2

Express Approval Time

We understand the urgency of financial needs. Our team ensures that your loan is approved swiftly, often within an hour provided you have submitted all required documents and meet our criteria.

Step 3

Fast Cash Disbursement

Before you sign the contract, we will explain the loan repayment including the fees and interests. Once the loan contract is signed, you’ll receive fast cash on the same day at our office.

Why Choose Us?

Lower Interest Rates, Higher Borrowing Limits

Whatever your loan purpose, we are here to meet your needs with one of the lowest interest rates and flexible limits.

Convenient Loan Applications, Exclusive Perks

Apply for a loan effortlessly via our Singpass MyInfo and enjoy a range of attractive benefits tailored for you.

Complete Privacy & Security

Your confidentiality is our priority. Rest assured, your personal information will never be shared.

Extended Loan Tenures for Your Convenience

We offer flexible loan repayment plans designed to suit your unique financial situation.

Simple Eligibility, Free Cancellation

With relaxed loan criteria, we ensure higher approval rates and the option to cancel without any fees.

Customised Packages for All Income Groups

We believe financial assistance should be accessible to everyone, including individuals with lower incomes.

What Our Customers Are Saying

FAQ

Explore Common Questions About Licensed Moneylenders in Singapore

What is a Foreigner Loan?

A foreigner loan is a personal loan for foreigners designed specifically for foreigners and expats working and living in Singapore.

What are the eligibility criteria to apply for a loan?

Please make sure you fulfil the following requirements and bring along the relevant documents for us to process your loan:

You must be at least 21 years old and above to apply.
Applicants must be either permanent residents or working in Singapore
Singapore Employment Pass and Valid Passport
Latest pay slips from the last 3 months
Appointment Letter from your company
Utilities bill or handphone bill that indicates the place of residence

Can I take a cash loan if I have a bad credit history?

Having a poor credit score can make loan approval challenging, but options exist if you need money. While traditional lenders may often turn away customers with poor credit ratings, licensed money lenders like Elite Investment & Credit can provide fast access to emergency cash through money lending services.

We consider factors beyond just credit profile, ensuring that all terms are legally obliged to fulfil. We secure a maximum loan amount tailored to your ability to repay the loan, whether you need car loans or other personal financing.

What should I consider before borrowing from a licensed money lender Singapore?

Before applying for a foreigner loan from a licensed moneylender in Singapore, it is important to carefully review and fully understand the loan terms and conditions including the loan amount and repayment terms, late fees, and rates of interest.

Are foreigner loans good for my credit score?

If you are able to make punctual loan repayments, your credit score will improve. With a good repayment record, it increases your credit score and makes it easier for you to secure a loan in the future. A good credit score may help you obtain lower interest rates as well.

How do I collect my loan?

Once you have been notified that your loan is approved, you may come down to our office to sign the documents and get your money.