Real Estate Rental Company Seeking Loan in Singapore

- Singapore based start-up business specializing in residential property renting and leasing.

- We take properties on lease from the owners and rent out to tenants.

- Currently, the business has 25 properties with over 60+ clients.

- The potential of this business is limitless as we have a calculator to do financial projections before entering into a lease.

- All the properties are 100% occupied.

- We generate revenue by charging monthly rent from the tenants.

- Agreement with the tenant ranges from 1 to 5 years.

- We are ready to pay an interest of 3% per month as it is the normal range in such projects.

- Since most of our revenue generation is through rental income, we do not require high number of employees.

Renting our residential properties including condominiums landed house, shophouse, apartments and room rentals.

Rental deposits, furniture including beds with the frame, cupboards, wardrobes, small & large tables, chairs and other electrical appliances.

We have taken all the properties on lease and have rented out to tenants.

- 1 landed house with 4 stories and 14 rooms.

- 1 landed house with 5 studios.

- 5 condominiums with occupancy of up to 6 individuals each.

- The business owned by a single person.

- Business is debt-free.

- The business uses the revenue to fund the current operations.