5 Best Licensed Moneylenders for Foreigners in Singapore (2027)
Ranked on real offers made to foreign borrowers on FundBright. Not advertised rates you'll never get.
Last updated: 30 October 2026By Ted HuangData: offers made through FundBright, 29 July – 27 October 2026
What foreigners actually get offered
Each figure is the share of foreign borrowers whose best offer landed at or below that monthly rate. The legal maximum is 4% a month.
2 in 10
2.5% p.m. or lower
All borrowers: 3 in 10
6 in 10
3.5% p.m. or lower
All borrowers: 8 in 10
8 in 10
Below the maximum
All borrowers: 9 in 10
4 in 10
Best offer was above 3.5% p.m.
All borrowers: 2 in 10
The legal maximum is 4% a month, but most lenders charge 3.92%, so 3.92% is effectively the ceiling. Every figure on this page is compared against it.
What you'd repay at the rates foreigners are offered
Set your amount and tenure. Each row uses a real rate from offers made to foreign borrowers on FundBright.
Best offers to foreigners
2 in 10 foreign borrowers got 2.5% p.m. or lower
Monthly rate
2.5%
Monthly repayment
$1,066
Total interest
$1,097
Save $654
vs the maximum
Most foreigners can reach
6 in 10 foreign borrowers got 3.5% p.m. or lower
Monthly rate
3.5%
Monthly repayment
$1,117
Total interest
$1,556
Save $196
vs the maximum
Typical offer (the maximum)
The rate most offers on FundBright come in at
Monthly rate
3.92%
Monthly repayment
$1,139
Total interest
$1,751
Baseline
Monthly rates applied to the reducing balance. Admin fees (up to 10% of the loan) are not included. Rates are drawn from FundBright offer data, 29 July – 27 October 2026. Your actual rate depends on the lender's credit assessment. Borrowing limits for foreigners depend on annual income (see below).
The 5 lenders at a glance
Real licensed lenders on FundBright, shown as Lender A to E. Every figure is from their offers to foreign borrowers.
| Lender | Best for | Lowest rate offered | Typical rate | Amounts offered | Foreign borrowers offered | Not ideal for |
|---|---|---|---|---|---|---|
| Lender A | Lowest rate offered | 2.5% p.m. | 2.5% p.m. | $3,000 to $12,000 | 2 in 10 | Salaries under $3,000 |
| Lender B | Larger loan amounts | 3.92% p.m. | 3.92% p.m. | $2,000 to $40,000 | 3 in 10 | A rate below the maximum |
| Lender C | Best chance of an offer | 3.92% p.m. | 3.92% p.m. | $1,000 to $50,000 | Nearly 7 in 10 | A rate below the maximum |
| Lender D | Longer repayment periods | 3.5% p.m. | 3.5% p.m. | $1,500 to $22,000 | 4 in 10 | Loans under 12 months |
| Lender E | Lowest admin fee | 3.0% p.m. | 3.5% p.m. | $1,000 to $15,000 | 4 in 10 | Larger amounts |
How foreigners' best offers compare
Share of borrowers by their best rate. Foreigners are most often left above 3.5% a month, so comparing lenders matters more.
- 2.5% and below
- 2.6% to 3.0%
- 3.1% to 3.5%
- 3.6% and above
| Borrower group | 2.5% and below | 2.6% to 3.0% | 3.1% to 3.5% | 3.6% and above |
|---|---|---|---|---|
| Foreigners | 19% | 7% | 38% | 36% |
| Citizens | 26% | 13% | 42% | 19% |
| PRs | 25% | 20% | 47% | 8% |
| All borrowers | 25% | 13% | 42% | 20% |
Source: FundBright offer data, 29 July – 27 October 2026. Free to reuse under CC BY 4.0, with credit to FundBright.
The 5 best lenders for foreigners, by what matters to you(real lenders on FundBright, with their names kept private)
Each lender wins one criterion on real offer data. Pick the card that matches what you care about most.
Best for: Lowest rate offered
Lender A
Lender A is a licensed moneylender that made the lowest-rate offers to foreign borrowers. Every offer it made to foreign borrowers was at 2.5% a month.
- Lowest all-in cost of any lender once admin fees are included
- Tenures up to 15 months
- Not ideal for: salaries under $3,000, or amounts above $12,000
- Lowest rate offered to foreigners
- 2.5% p.m.
- Typical (median) rate
- 2.5% p.m.
- Amounts offered
- $3,000 to $12,000
- Tenure offered
- 6 to 15 months
- Foreign applicants who got an offer
- 2 in 10
- Admin fee charged
- 10%
Best for: Larger loan amounts
Lender B
Lender B is a licensed moneylender that offered foreign borrowers the highest amounts. Its typical offer to a foreign borrower was $7,000, the highest of any lender.
- 1 in 10 of its offers to foreigners were $25,000 or more
- Tenures up to 24 months
- Not ideal for: a rate below the maximum, or salaries under $3,000
- Lowest rate offered to foreigners
- 3.92% p.m.
- Typical (median) rate
- 3.92% p.m.
- Amounts offered
- $2,000 to $40,000
- Tenure offered
- 6 to 24 months
- Foreign applicants who got an offer
- 3 in 10
- Admin fee charged
- 10%
Best for: Best chance of an offer
Lender C
Lender C is a licensed moneylender that made offers to the largest share of foreign applicants: nearly 7 in 10, more than any other lender.
- Made offers at every income level, including under $3,000
- Tenures from 3 to 24 months
- Not ideal for: a rate below the maximum (all its offers were at 3.92%)
- Lowest rate offered to foreigners
- 3.92% p.m.
- Typical (median) rate
- 3.92% p.m.
- Amounts offered
- $1,000 to $50,000 (most under $5,000)
- Tenure offered
- 3 to 24 months
- Foreign applicants who got an offer
- Nearly 7 in 10
- Admin fee charged
- 10%
Best for: Longer repayment periods
Lender D
Lender D is a licensed moneylender that offered foreign borrowers the longest tenures, up to 36 months.
- Every offer was below the maximum (3.5% to 3.85% a month)
- Made offers at every income level
- Not ideal for: short loans (no offers under 12 months)
- Lowest rate offered to foreigners
- 3.5% p.m.
- Typical (median) rate
- 3.5% p.m.
- Amounts offered
- $1,500 to $22,000
- Tenure offered
- 12 to 36 months
- Foreign applicants who got an offer
- 4 in 10
- Admin fee charged
- 10%
Best for: Lowest admin fee
Lender E
Lender E is a licensed moneylender with the lowest typical admin fee for foreign borrowers: 9%, where every other lender typically charged 10%.
- Every offer was below the maximum (3.0% or 3.5% a month)
- Made offers at every income level, including under $3,000
- Not ideal for: larger amounts (most offers were $5,000 or less)
- Lowest rate offered to foreigners
- 3.0% p.m.
- Typical (median) rate
- 3.5% p.m.
- Amounts offered
- $1,000 to $15,000
- Tenure offered
- 3 to 20 months
- Foreign applicants who got an offer
- 4 in 10
- Admin fee charged
- 8% to 10%
What a better rate is worth
Interest on a $10,000 loan repaid over 12 months. Monthly rates applied to the reducing balance; admin fees not included.
| Monthly rate | Monthly repayment | Total interest | You save |
|---|---|---|---|
| 3.92% (the maximum) | $1,061 | $2,727 | Baseline |
| 3.5% | $1,035 | $2,418 | $309 |
| 2.5% | $975 | $1,698 | $1,029 |
How much a foreigner can borrow
Ministry of Law limits on your total unsecured borrowing across all licensed moneylenders.
| Annual income | Foreigners | Citizens and PRs |
|---|---|---|
| Under $10,000 | $500 | $3,000 |
| $10,000 to under $20,000 | $3,000 | $3,000 |
| $20,000 and above | 6x monthly income | 6x monthly income |
Caps every licensed lender must follow
- Interest: up to 4% a month (most lenders charge 3.92%)
- Admin fee: up to 10% of the loan, once
- Late fee: up to $60 a month
- Total charges: never more than the amount borrowed
Pick by what matters most to you
On FundBright you sort your offers by what you care about:
Lowest monthly cost
Sort by lowest rate. Compare the typical rate, not only the lowest.
Need a larger amount
Sort by amount. Your income limit above still applies.
Worried about approval
One application reaches 20+ licensed lenders, so you see every lender willing to make you an offer.
Smaller monthly repayments
Sort by tenure. A longer loan means more interest overall.
What lenders usually ask foreigners for
- Passport
- Valid work pass
- Proof of Singapore addressSome lenders only lend to foreigners who live in Singapore.
- Recent payslips and bank statements showing your credited salary
Not sure if you qualify? Read our guide to personal loans for foreign workers in Singapore.
How we ranked these lenders
We analysed loan offers made through FundBright between 29 July and 27 October 2026, including offers to foreigners residing in Singapore. We only publish a figure when there are enough offers behind it to be reliable: smaller groups, and lenders with too few offers to foreign borrowers, are left out. Each lender is ranked on one criterion: lowest rate offered, largest amounts, most offers to foreign applicants, longest tenure and lowest admin fee. Lenders are anonymised. All are licensed under the Moneylenders Act and checked against the MinLaw registry.
Questions foreigners ask
Can foreigners get a personal loan in Singapore?
Yes. Licensed moneylenders can lend to foreigners on a valid pass, though some only lend to those who live in Singapore. On FundBright, 8 in 10 foreign borrowers received at least one offer below 3.92% a month.
How much can a foreigner borrow from a moneylender?
It depends on your annual income: $500 if you earn under $10,000 a year, $3,000 if you earn $10,000 to under $20,000, and up to 6 times your monthly income if you earn $20,000 or more. The limit covers your total unsecured borrowing across all licensed moneylenders.
Why do foreigners get higher rates?
Each lender prices an application on its own assessment. Foreign borrowers' best offers were more often above 3.5% a month (4 in 10, against 2 in 10 of all borrowers). But 6 in 10 still got an offer at 3.5% or lower, so comparing lenders matters more for foreigners, not less.
Will comparing offers affect my credit score?
No. Applying through FundBright uses a soft credit check, which does not affect your credit score. You can compare your offers with no obligation to accept any of them.
FundBright Singapore (FUNDBRIGHT PTE. LTD.) is not a lender and does not make cash advance or credit decisions. This page does not constitute an offer or solicitation to lend. Figures are based on past offers and your actual rate will depend on the lender's independent credit assessment.
