Line of Credit
Financial Freedom at Your Fingertips: Access Funds When Life Happens
We know life doesn’t always follow a budget. A line of credit gives you the breathing room to handle whatever comes your way, whether it’s a surprise opportunity or an unexpected challenge. Unlike traditional loans that lock you into rigid terms, you only pay interest on what you actually use – putting you back in control of your finances. See how our line of credit solutions can provide the financial peace of mind you deserve.
- Borrow Only What You Need
- Revolving Access
- Pay Interest Only on Used Funds
What is Line of Credit?
A line of credit is a flexible financial tool that gives you access to funds up to a predetermined limit whenever you need them. Unlike traditional loans, you only pay interest on the amount you actually use, not your entire credit limit. As you repay the borrowed amount, that credit becomes available again without requiring a new application – making it an ideal revolving credit solution for managing unexpected expenses, seizing opportunities, or maintaining financial peace of mind.
Types of Line of Credit & How They Can Help You
Personal Line of Credit
Access flexible financing for various personal needs including home renovations, medical bills, or debt consolidation. With this revolving credit facility, you can borrow, repay, and borrow again without reapplying – perfect for ongoing projects or unexpected expenses. Many Singaporeans use personal credit lines as financial safety nets for life’s unpredictable moments.
Home Equity Line of Credit (HELOC)
Tap into your property’s value with a HELOC offering competitive interest rates compared to unsecured financing options. Ideal for major home improvements, education funding, or significant life milestones. Singapore homeowners increasingly utilize HELOCs to unlock their property’s financial potential while maintaining cash liquidity and maximizing tax advantages.
Business Line of Credit
Gain essential working capital flexibility for your enterprise with business credit facilities. Manage seasonal cash flow fluctuations, purchase inventory, cover operational costs during slow periods, or seize market opportunities without delay. Particularly valuable for SMEs, retail businesses, and companies with variable revenue streams requiring quick access to funds.
Secured & Unsecured Lines of Credit
Choose between secured options requiring collateral (property, investments) with favorable interest rates, or unsecured facilities with no asset requirements but stricter qualification criteria. Your optimal choice depends on your credit profile, financial situation, and available assets. Both provide revolving access to funds with differing approval thresholds and borrowing terms.
Why Choose Us for Line of Credit
Unmatched Flexibility and Accessibility
Our line of credit solutions are designed with your convenience in mind.
Personalized Credit Limits
We understand that everyone’s financial needs are unique. Our specialized assessment process evaluates your full financial picture—not just a credit score—to offer you the highest possible credit limit tailored to your specific situation and repayment capacity.
Transparent Fee Structure
We believe in complete transparency. Our straightforward fee structure means no hidden charges, annual fees, or complex terms. You’ll always know exactly what you’re paying for, with detailed monthly statements that clearly break down interest calculations and payments.
Dedicated Financial Advisors
Every line of credit customer receives access to our team of experienced financial advisors who provide personalized guidance on maximizing your credit facility. From strategic borrowing approaches to repayment optimization, our experts are available to help you make informed financial decisions.
Versatile Credit Facility
Our line of credit functions as a true revolving credit account, allowing you to access funds multiple times as you repay without reapplication or additional paperwork.
Apply For A Payday Loan in 3 Simple Steps
Getting a payday loan with EZ Pte Ltd is fast and straightforward:
Choose Your Application Method
- Apply online in just 2 minutes
- Use Singpass MyInfo for instant form-filling
- WhatsApp us for personalized assistance
Quick Approval Process
- Receive your transparent loan offer within 30 minutes
- Clear terms explained in plain language with no hidden fees
Same-Day Cash Disbursement
- Walk away with your funds immediately after approval
- No complicated procedures or lengthy waiting periods
Required Documents
For Singaporeans and Permanent Residents (PR):
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- NRIC
- Proof of residence (Latest Phone Bills / Utility Bills / Bank Statement / Tenancy Agreement)
- Income tax statement
- Proof of income:
Employed: Recent 3 months’ payslips and CPF contribution history
Self-employed: Recent 2 years’ income tax assessment
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For Foreigners:
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- Passport
- Valid work pass [Employment Pass (E Pass), S Pass, Work Permit, Dependent Pass (DP) / LTVP with permit to work]
- Proof of residence in Singapore (Latest Phone Bills / Utility Bills / Tenancy Agreement)
- Recent 3 months’ payslips
- Bank statements for the last 3 months
- Income tax statement
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Fast, Secure, and Hassle-Free: Start your payday loan application now and receive your cash in just 30 minutes!
Eligibility Criteria – Who Can Apply?
- Age: 21-65 years old
- Employment Status: Minimum 3 months in current job
- Minimum Monthly Income:
• Singaporeans/PRs: S$1,500
• Foreigners: S$2,000 - Legal Status: Must not be an undischarged bankrupt or under debt repayment scheme
- Residency: Must be legally residing in Singapore
What Our Clients Say About Us?
Our customer reviews speak for themselves. Here’s what our satisfied borrowers say:
Frequently Asked Questions (FAQ) About Line of Credit
A loan provides a one-time lump sum with fixed repayment terms and interest on the full amount from day one. In contrast, a line of credit gives you ongoing access to funds up to your approved limit, with interest charged only on the amount you actually use. Once repaid, those funds become available again without requiring a new application, making it ideal for Singaporeans with fluctuating expenses.
Repaying your line of credit in Singapore is straightforward with a minimum monthly payment (typically 3% of the outstanding balance or $50, whichever is higher). You can set up GIRO payments, use internet banking, or our mobile app to make payments. There are no penalties for early or additional repayments, and paying down your balance quickly enables you to access those funds again when needed.
Ready to Secure Your Financial Freedom?
Don’t wait until you need funds urgently. Apply for our flexible line of credit today and enjoy the peace of mind that comes with having financial backup ready whenever life happens.
