Moneylender's Licence

Validity: 1 year
Processing time: 2 weeks, depending on the complexity of the application and/or submission of documents in support of the application
Issuing authority: MINISTRY OF LAW (MINLAW)

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We handle the full application — document prep, agency liaison, follow-up — alongside your incorporation.

Who needs the Moneylender's Licence

This licence applies to Singapore businesses registered under the following SSIC industry codes:

Items the applicant typically needs ready before submitting:

Documentary Evidence of Funds
Documentary evidence on the availability and the sources of funds for the moneylending business, i.e. how are the funds accumulated (e.g. copies of bank statements, IR8A for the past years, income slips etc.)
File format: doc, docx, jpg, pdf, gif
Maximum upload per attachment: 7 MB
Education Qualification and Certificates for Qualified Manager(s)
Proof of educational qualifications for the test-qualified manager
File format: doc, docx, jpg, pdf, gif
Maximum upload per attachment: 7 MB
Front and back NRICs of all Person(s)
Scanned copies of the NRICs (both front and back of NRICs) of all persons to be involved in the moneylending business
File format: doc, docx, jpg, pdf, gif
Maximum upload per attachment: 7 MB

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