Conveniently located near the heart of Singapore’s Central Business District, Quick Loan is ready to help you find the best loan that meets your financial needs. As a licensed moneylender near Raffles Place, we offer a wide range of loan packages, including personal loans, payday loans, education loans and more.
A Licensed Moneylender Near Raffles Place
Quick Loan Address
10 Anson Road
#01-15 International Plaza Singapore
Singapore 079903
Licence Number
(Registry of Moneylenders)
56/2023
Quick Loan’s Office Near Raffles Place
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Walking Distance From Raffles Place to Quick Loan
1.2km
Walking Time
17 minutes
Quick Loan’s Operating Hours
If you’d like to submit your application for a loan or have questions about our loan services, please drop by our office during the following hours, and we’ll be happy to assist you.
Monday to Friday: 11am – 8pm
Saturday: 12pm – 5pm
We are closed on Sundays and public holidays. Please feel free to leave us a message on WhatsApp and we’ll get back to you promptly by the next working day.
Quick Loan’s Contact Details
You may call our office or drop us a message at the following numbers:
Office: 6223 1788
WhatsApp: 8511 9133
You can also reach us online via our contact form.
Experience Hassle-Free Loan Services
Secure your financial needs with confidence, thanks to our streamlined application process and flexible loan plans for every borrower.
History Meets Modernity at Raffles Place
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Named after the founder of modern Singapore, Sir Stamford Raffles, the historic Raffles Place is the bustling heart of Singapore’s Central Business District (CBD).
Raffles Place hosts many iconic landmarks juxtaposing Singapore’s rich past and modern spirit, from towering skyscrapers to unique colonial-era buildings.
This is also where you’ll find the Merlion, the world-famous statue depicting the hybrid of a lion and fish, situated at the entrance of the Singapore River. With its unique architecture, upscale shopping boutiques and world-class culinary options, Raffles Place is an essential destination for anyone exploring Singapore.
As the Quick Loan office is within easy walking distance of Raffles Place, we’re a great option for licensed moneylender services if you happen to be around the area.
How to Identify a Licensed Moneylender in Singapore
A licensed moneylender is a private financial loan institution that can legally provide cash loans in Singapore to individuals and businesses.
Unlike banks, licensed moneylenders offer speedier loan processing times, more lenient eligibility requirements, and a more comprehensive range of loan options.
With the abundance of moneylending services available in Singapore today, it’s vital to learn how to tell licensed moneylenders apart from scams and loan sharks. Here are some steps you can take to ensure you only engage licensed moneylenders in Singapore.
Check the Registry of Moneylenders
Never borrow from an unlicensed moneylender. The Registry of Moneylenders has a list of all licensed moneylenders in Singapore—if a lender is not on this list, you’re likely dealing with an unlicensed lender or loan shark.
Note How the Lender Advertises its Services
If a lender approaches you via email, text message or social media, this strongly indicates that they are an unlicensed entity.
Licensed moneylenders in Singapore will never solicit clients through these platforms. Scammers or predatory lenders may also use unverified numbers, email addresses or social media profiles to engage clients.
Verify the Loan Process
Be wary of moneylenders that promote fully remote loan approval and disbursal.
This is because all licensed moneylenders in Singapore must verify every applicant face-to-face before approving and disbursing loans. Any licensed lender you engage should have a physical address you can visit to finalise your loan application.
Check Interest Rates, Fees and Loan Amounts
The Moneylenders Act sets caps on the charges licensed lenders can impose on borrowers. These include:
- Maximum interest rate of 4% per month
- Maximum late interest charges of 4% per month
- No more than $60 a month in late repayment fees
- Administrative fees of up to 10% of the loan principal granted
- Maximum loan amount up to six times the borrower’s monthly income
If you encounter lenders that ask for payments exceeding these limits or claim to provide unrealistically large loans, they are most likely unlicensed entities or loan sharks.
Advantages of Borrowing From a Licensed Moneylender
Here are some common benefits of securing your funds from a licensed moneylender in Singapore.
Fast Approval Times
Licensed moneylenders have streamlined loan approval processes and more lenient requirements than banks. They can also disburse funds more quickly, making them a much-needed option for those in need of immediate financial assistance.
Flexible Loan Plans
Licensed moneylenders like Quick Loan can customise loan terms to cater to our clients’ needs. For example, the loan amount, interest rate and repayment period can be tailored to the borrower’s financial situation. Most loans from licensed moneylenders also do not require collateral from borrowers.
Fair Interest Rates
Licensed moneylenders in Singapore have caps on interest rates set at 4% per month. This means they will not impose exorbitant charges on borrowers—interest rates will be determined according to a client’s income and ability to repay a loan.
Quick Loan: Licensed Moneylender Services Near Raffles Place
With over a decade of service as a licensed moneylender in Singapore, Quick Loan is dedicated to providing accessible financing for individuals and businesses.
At our office, located in close proximity to Raffles Place, we welcome walk-in clients looking for support in managing their financial concerns. Quick Loan offers various affordable loan packages that can be personalised to meet your unique needs.
Moreover, our loan application process is quick and hassle-free. You can utilise our online submission system or visit us in person at the Quick Loan office, which is easily accessible from Raffles Place.
At Quick Loan, you’ll get the financial assistance you need today with peace of mind guaranteed.
Count on Us for Accessible and Reliable Loan Services
- Conveniently located near Raffles Place
- Loans are customisable according to your unique needs
- Enjoy affordable interest rates and flexible repayment plans for all loans
- Join the ranks of over 20,000 satisfied clients who have chosen Quick Loan
Important Reminders for Borrowers
- For individual loans, you may apply for loans up to 6x your monthly income
- Your company must be incorporated in Singapore in order to apply for a business loan
How to Apply for a Loan Near Raffles Place
Interested in applying for a loan with us? With our streamlined application process, you can get your funds in as fast as 30 minutes.
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Step 1: Submit Your Application
We welcome you to visit the Quick Loan office near Cecil Street to start your loan application in person. You can also apply through our website or via WhatsApp
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Step 2: Attend a Free Consultation
Our friendly customer service staff will get in touch and schedule a free in-person consultation at our office.
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Step 3: Receive Your Cash
Once you’re happy with the conditions of your loan, you can sign the agreement and get your funds on the spot.
Achieve Financial Well-Being With Raffles Place’s Best Licensed Moneylender
Whether you need funds to seize a major opportunity or the cash to tide over a financial crisis, you’ll find the support you need at Quick Loan.