Greystone Advisory
Non-Bank, Private Personal Loans
Struggling with high debt or poor credit? As a trusted personal loan broker in Singapore, we connect Accredited Investors to flexible private personal loan solutions from reputable non-bank lenders.
As an independent finance broker in Singapore, Greystone Advisory is not a lender or a licensed moneylender. We open a window to alternative private financing when traditional banks cannot or will not approve you.
WHAT IS A PRIVATE, NON-BANK PERSONAL LOAN?
Private personal loans are non-bank personal loans that are provided by established legal lending companies instead of traditional banks. These non-banking personal loans are instrumental when you require quick or instant access to funds, often for personal reasons like home improvements, medical expenses, or unexpected financial challenges.
In a landscape where financial needs vary, private, non-bank personal loans emerge as a reliable option, and Greystone Advisory serves as the bridge between you and reputable private lenders for personal loans, provided you are qualified as an Accredited Investor (“AI”) (see Eligibility Requirements as below).
HOW OUR PRIVATE PERSONAL LOAN LENDERS CAN SUPPORT YOU
- Private Personal Loan Amount: Up to $2,000,000/-
- Tenure: 6 months to 5 years
- Interest Rates from 2% per month onwards
- Collaterals: Not compulsory for non-bank personal loans less than $300,000/-. *though additional personal guarantors might be required in certain cases*l
Personal financing is only one part of what our panel covers. Business and property owners who need working capital alongside their personal borrowing can also explore non–bank lenders business loans drawn from the same network of private institutional lenders.
WHO WE SERVE: PRIVATE, NON-BANK PERSONAL LOAN BORROWERS
- Overleveraging – excessive bank borrowings
- Immediate non-bank, personal loan request > 6 x monthly income limit
- Bad Credit Bureau (CBS) grading (EE and below)
- Urgent loan disbursement requests for personal investments and business use
ELIGIBILITY REQUIREMENTS FOR NON-BANK, PERSONAL LOAN (FOR ACCREDITED INVESTORS ONLY)
- Borrowers must qualify as AI who satisfy at least one of the requirements as defined under Section 4A(1)(a)(i) of the Securities and Futures Act (Cap. 289).
- Singaporean or PR with local property ownership.
- No pending or ongoing litigation cases for the past 3 years.
- Complete KYC searches (including World-Check) done without adverse records found.
- Personal bank account month-end balance for the past 3 months must be at least > $50,000/-.
- Must produce past 12-month payslip of at least SGD 25,000/- with evidence of salary crediting (in order to qualify as an AI who has met the minimum income of S$300,000/-)
Testimonials
FREQUENTLY ASKED QUESTIONS ABOUT NON-BANK PERSONAL LOANS
What is an Accredited Investor?
An Accredited Investor (AI) is an individual who meets the requirements defined under Section 4A(1)(a)(i) of the Securities and Futures Act (Cap. 289) set out by the Monetary Authority of Singapore (MAS). They have also opted to be treated as an AI:
- Minimum income of S$300,000 in the last 12 months (or its equivalent in a foreign currency); or
- Net personal assets exceeding S$2 million, of which the net value of your primary place of residence can only contribute up to S$1 million; or
- Net financial assets exceeding S$1 million (or its equivalent in a foreign currency); or
- Hold a joint account with an Accredited Investor, in respect of dealings through that joint account.
How long does it take to get approved for a private personal loan?
Turnaround times for private personal loans can vary significantly based on several factors, including the complexity of your finances, the lender you choose, and the efficiency of your application process.
In practice, well-prepared applications can move quickly, and straightforward cases often reach disbursement within days rather than weeks, which is why fast approval and rapid disbursement sit at the heart of what our private lenders offer. Borrowers who were recently declined tend to find that non-bank lenders are structured to work around the very reasons banks say no, helping them secure high loan amounts with speed and ease.
What are the Document Requirements for Non-bank, Personal Loans?
When applying for a private, non–bank personal loan, you’ll typically need to provide the following documents:
- Proof of identity, such as NRIC or Passport
- Proof of income, such as payslips, income tax notices, or company financial statements
- Credit Bureau Report
- Moneylender Credit Bureau Report
- Bank statements and Property Ownership documents, including CPF property withdrawal statement &/or other financial information as requested by the lender
Once submitted, our team will review your application promptly. As a loan broker in Singapore, Greystone Advisory will then connect you with suitable legal lending companies, ensuring you access a diverse range of non–bank personal loan options. Experience a hassle-free application process and expedited loan approvals by choosing Greystone Advisory.
What is the difference between a private personal loan lender and a licensed moneylender?
- A private personal loan lender is a non–bank financial or lending institution that provides private financing to qualified Accredited Investors, usually at higher amounts and with more flexible structures than the mass market can reach.
- A licensed moneylender, by contrast, operates under Singapore‘s Moneylenders Act, serving the general public within strict caps on loan amounts and interest.
Greystone Advisory is neither. We are a brokerage that introduces you to a curated panel of private lenders for personal loans, and we are not owned by, employed by, or acting as a moneylender. Many of our borrowers first come to us after a bank rejection, looking to unlock financial flexibility that a licensed moneylender’s capped facilities cannot provide.