Short term financing for project show funds requirement
An ambitious Singapore electronics company was on the cusp of a remarkable opportunity. Faced with the prospect of securing a renowned European electronic brand’s distribution rights in Singapore, the company needed a swift injection of $1 million to meet the stringent tender requirements. Without this vital capital, the opportunity of a lifetime would have slipped through their fingers.
Tembusu, recognized the potential and, with astute financial acumen, approved a short-term financing solution, backed by the pledge of the shareholder’s terrace house in Serangoon for a caveat loan. Our experts worked closely with the company’s directors, meticulously evaluating their business plan and the guarantor’s credit history. In this collaborative effort, we identified bright spots that enabled them to pass our credit evaluation.
With Tembusu’s swift response and attractive loan terms, the company secured the funding it needed precisely when it was needed most. This timely intervention enabled our client to seize the golden opportunity, transforming what could have been a missed chance into a resounding success.