Engineering firm had a cash crunch and required a caveat loan
In a critical moment of cash crunch caused by delayed receivables, an established engineering company based in Singapore, turned to Tembusu Financial Services for a lifeline. Recognizing their need for immediate working capital, Tembusu approved a loan of $500,000. By leveraging the sole shareholder’s condominium as collateral in a caveat loan arrangement, we ensured the smooth operation of the borrower during this challenging period. Tembusu’s support not only rescued them from potential setbacks but also allowed them to seize new opportunities and embark on a path to success, demonstrating our commitment to being a true partner and enabler of golden opportunities.