Can a foreigner/S Pass /Employment Pass(EP)/Work Permit(WP) holder take a loan in Singapore?

Yes, you can! Lenders are generally open to lending to foreigners, as long as there are legal safeguards to ensure repayment. For example, they often require valid Singapore work passes that extend beyond the loan tenure, giving them legal recourse if needed.

Licensed moneylenders also have annual quotas for how many loans they can give to foreigners. By applying online through our platform, you avoid walking into a lender that’s already hit its quota — saving time and unnecessary trips. Plus, getting offers from multiple lenders at once helps you compare and save on fees and interest.

Check out this article to learn more about Licensed Moneylenders vs Loan Sharks.

To begin, sign up or apply directly on our platform.

If you're a business, please read our FAQ for company loans instead.

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