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+65 6443 2940

Eligibility

Here are the eligibility & requirement needed when applying loans with Power Credit a licensed money lender in singapore.

Requirements For Personal Loan and Pay Day Loan:

  • Singaporean, PRs (Permanent Residents), S-Pass or EP holder and Work permit holder
  • Minimum age: 21
  • All income welcome
  • Currently Employed
  • Not applicable to Undischarged bankruptcy or pending bankruptcy
  • Original NRIC
  • Employment payslip
  • CPF contribution statement
  • Income tax statement
  • Utilities bill or HP bill (Proof of Address)
  • Singaporeans with sing-pass can print required documents at our office. Your sing-pass will not be revealed.

Requirements For Foreigner Loan:

  • Passport
  • Work Pass (S-Pass or employment pass and work permit)
  • Employment payslip
  • Tenancy Agreement (Rented Unit)
  • Employment Letter or Appointment Letter
  • Bank statement showing salary credited
  • Utilities bill or HP bill (Proof of Address)

Requirements for Business Loan:

  • Singapore incorporated firm/ corporation
  • Latest ACRA
  • NRIC/Passport/work-pass of shareholder/director/partners
  • Tenancy agreement for place of business
  • Corporate bank statement
  •  Balance sheet
  • Profit and loss statement
  • Company stamp/seal
  •  Title deeds or proof of assets (secured loan)

 

If you are finding a best licensed moneylender in singapore for a personal loan, payday loan, foreigner loan or business loan, contact us today and we will recommend your best options.

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Information

Power Credit Enterprise Pte Ltd is a leading licensed moneylender in Singapore since 2007, dedicated to providing reliable and accessible financial loan solutions to individuals and businesses. We are committed to responsible lending practices and adheres to the guidelines set by the Moneylenders Act.

OUR SERVICES

Contact us

+65 6443 2940

1 Tras Link #01-11 Orchid Hotel Singapore 078867

info@powercredit.sg

Reg No: 201528280Z
Moneylender License No. 139/2024

Copyright 2007-2025 © Power Credit Enterprise Pte Ltd. Reg No: 201528280Z All Rights Reserved.