What is GXS FlexiLoan Biz?

When you apply for GXS FlexiLoan Biz, you get access to a revolving line of credit from which you can borrow loans from.

What is a revolving line of credit?

• You have the flexibility to borrow a loan from the credit line only when you need it
• No interest or fees will be charged if you do not borrow from the credit line
• You can borrow multiple loans up to your credit limit

What are the benefits of GXS FlexiLoan Biz?

• Enjoy low interest rates of up to 4.99%p.a.(EIR 9.32%p.a.)
• Borrow instantly at the click of a button
• Before borrowing a loan, all interest rates and fees are clearly displayed to you so you can make the best choice
• Flexibility to select a monthly repayment date that works for your business
• No early repayment fees
• No annual fees
• No late fees, but a late interest is chargeable if you do not make your loan repayments on time
• You can borrow up to 10 loans from your available credit limit

* Effective Interest Rate (EIR) for GXS FlexiLoan Biz is calculated based on an average loan amount of S$10,000 with a 24-month repayment period, from 1 January 2024 to 1 January 2026.