Are you burdened with debts and you are looking for a debt consolidation loan? We have good news for you. We are a Singapore licensed moneylender that offers debt consolidation loans for business owners who are seeking ways of consolidating their debts. Many traditional banks and creditors provide debt consolidation loans to borrowers facing challenges paying their outstanding debts, but not without high interest rates. A better choice is to look for a Singapore licensed moneylender who can offer you a debt consolidation loan at a lower interest rate.

What is a debt consolidation loan?
Debt consolidation loan denotes the act of getting out of a new loan to settle other consumer debts and liabilities. It involves combining multiple debts into a single, more expanded debt with more advantageous payoff conditions. These beneficial payoff conditions comprise low-interest rates and low monthly payments, or both. As a Singapore licensed moneylender, you can get a debt consolidation loan from us as a tool for you to deal with your credit card debt, student loan debt, and other liabilities.

There are two forms of a debt consolidation loan. There are secured and unsecured loans. The secured loan is backed up by one of the borrower’s assets as collateral for the loan. The unsecured loan is not backed up by any assets but tends to have higher interest rates and lower qualifying amounts. As a Singapore licensed moneylender, we can assure you that the terms for our consolidation loan are favorable with lower interest rates and lower monthly installment payments.

Benefits of a debt consolidation loan
One of the key benefits of a debt consolidation loan is the removal of the challenge of paying multiple lenders every month. Consolidation of all your existing debts into a new loan helps you in making payments only to your new lender. It is more favorable, easier and more affordable in consolidating all your debts into a single loan, so you don’t need to be paying multiple debt payments every month. With our Singapore licensed moneylender debt consolidation loan, you will have a much lower interest rate, saving you much money on interest throughout your loan. It could eliminate or reduce the number of calls you receive from various creditors. A debt consolidation loan will offer you the privilege of improving your credit score over time through timely payments.

Business owners that are overburdened with multiple debts in Singapore and want to keep operating should take advantage of applying for our debt consolidation loans. We are founded to assist as many ventures and firms in Singapore to flourish. As a Singapore licensed moneylender, we are ever ready to help in making your business flourish in Singapore. Our online money lending platform is created to make your application quick and hassle-free. You can apply for a debt consolidation loan via our online money lending platform. Apply for your debt consolidation loan from us today.