Forum
Last updated: 

Can I borrow money from the bank to start an investment?

I am a foreigner in this country. I want to borrow money to start a business here. In my country, I am an entrepreneur. I already have a plan for my business but I do not have enough money to start here, because I did not expect the work rates and the lifestyle here. To whom can I borrow or lend money from?

Search other products or providers:

User comments

  • user image

    No Name

    Here in Singapore, there are many banks that you can borrow or lend money from. You can get help from other people whos businesses are to loan money and you can start your business with that. Singapore is easy to cope with. You can manage to get along with it. It is more applicable to have a lot of connections to be able to know the business world there.

    2020.03.24 15:44

Please leave your knowledge and opinion!

Related Forums

Investment

What are investments in Singapore that would provide guaranteed principal and returns?

Investment

What are Stocks?

Investment

What are bond and how do they work?

Investment

What are thee companies that offer monthly investment plans and who are the individuals who should get these plans?

Investment

How much can foreigners borrow under the amendments to the Moneylenders Act?

Investment

What exactly does liquidation do for me and why would I ever consider?

Related Reviews

Investment

American Express Personal Card membership rewards points do not expire

First of all, unlike other loyalty programmes, the American Express Personal Card membership rewards points do not expire. Furthermore, with no restriction on the number of points you can stand to accumulate, you just need to choose the reward you want and you'll have time to get it, pretty much the skies can be your limit as you can use the points the way you want from redeeming shopping, travel and entertainment rewards to offsetting purchases made on your Card.

American Express Personal Card / American Express International

Investment

Emergency legal and medical assistance

Seldom would you find a card that has your best interest at heart as the AMEX Express Platinum Reserve Credit Card with its Emergency legal and medical assistance even when you are anywhere in the world. You can enjoy privileges around the globe with Live the World and American Express with all round protection against accidental damage or theft for your purchases.

American Express Platinum Reserve Credit Card / American Express International

Investment

Great customer service officers

I have had this card for a long while. The good thing with the card is that AMEX have been waiving my annual fees which is probably why I still have the card. The pros with this card include – Great customer service officers that are friendly and will do their best to help you with prompt follow ups, direct credit of miles to your Krisflyer account, many small promos every few months with a fantastic sign up promo, no minimum spending and perfect for concert lovers as AMEX offers priority to provide tickets.

American Express Singapore Airlines KrisFlyer Ascend Credit Card / American Express International

Investment

Ease of use to accumulate on miles

The American Express Krisflyer Credit Card has an attractive sign up bonus and it is easy to use to accumulate on miles as no conversion into KF account is required, and monthly auto “sweeping” of miles help save in the conversion fee. I also have had good experiences with their customer care service as the call center service is absolutely awesome.

American Express Singapore Airlines KrisFlyer Credit Card / American Express International

Investment

Consumers earn 2.4 miles per S$1 spend overseas and 1.2 miles on general local spend

OCBC Voyage Card is perfect for well-off consumers with a shifting travel schedule, who want to earn high miles locally and overseas. Consumers earn 2.4 miles per S$1 spend overseas and 1.2 miles on general local spend, which aligns with similar cards. Consumers are most likely to benefit from OCBC voyage card if they spend most of their budget locally, with at least 25% of local spend on dining.

OCBC VOYAGE Card / Oversea-Chinese Banking Corporation

Investment

Earn rebates in the form of cash rebates and LinkPoints by shopping at NTUC

Even as the OCBC Plus! Visa is not a cashback card, thus there is no cap, or "maximum" cash back, you get to still earn rebates in the form of cash rebates and LinkPoints by shopping at NTUC. However do note that there is a minimum spend of $500 in places outside NTUC before the full range of rebates and LinkPoints can be unlocked.

OCBC Plus! VISA Credit Card / Oversea-Chinese Banking Corporation