Simple Process · No Jargon

How VeFi Works

From your first message to funds in your account — here's exactly what happens when you work with VeFi. No surprises, no runaround.

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1
Day 1

Tell us what you need — takes 2 minutes

WhatsApp us at +65 8629 0288 or fill in our contact form at vefi.sg/contact. No documents needed at this stage — just a brief description of what you're looking for.

Whether it's a property equity cashout, working capital for your business, a personal loan, or trade factoring — tell us the situation in plain language. Our team will respond same day.

No commitment required. This first step is purely exploratory. We'll tell you honestly what's available for your situation — even if the answer is "not yet" or "here's a better option."
2
Day 1–2

We assess your profile and run the numbers

Our team reviews your situation and works out what's realistically available — loan quantum, likely rates, tenure, and which banks are the best fit for your profile.

For property loans, we'll factor in your property type, outstanding mortgage, CPF usage, and TDSR position. For business loans, we'll look at your revenue, operating history, and existing liabilities.

  • We compare across DBS, OCBC, UOB, Standard Chartered, Maybank, CIMB, and Hong Leong Finance
  • We identify which lenders are most likely to approve your profile
  • We flag any structuring options — such as keeping LTV at 50% to avoid TDSR
This is where a broker earns its keep. Going direct to one bank means one offer. We give you the full market picture before you commit to anything.
3
Day 2–3

We present your options clearly

We come back to you with a clear summary — which banks, what rates, what the monthly repayment looks like, and our recommendation. No jargon, no fine print buried in footnotes.

You ask questions. We answer them. You decide whether to proceed — and which option fits best. There's no pressure and no obligation to go ahead.

4
Day 3–7

We handle the application for you

Once you choose a direction, we prepare and submit the application on your behalf. We know exactly what each bank needs — and how to present your case to maximise approval chances and minimise back-and-forth.

  • We prepare your document package (NRIC, payslips or NOA, CPF statement, bank statements)
  • We submit to the selected bank and manage the process
  • We follow up so you don't have to chase anyone
For property equity loans: the bank will appoint an independent valuer. This typically takes 3–5 business days and is arranged directly between the bank and valuer — we'll keep you updated throughout.
5
Week 2–6

Approval, Letter of Offer, and disbursement

Once approved, the bank issues a formal Letter of Offer. You'll review this with a solicitor (standard for any mortgage instrument) before signing. For property loans, solicitors register the mortgage and disburse funds shortly after.

For personal loans and working capital, disbursement is typically faster — often within a few business days of approval.

  • Property equity cashout: 4–8 weeks end-to-end
  • Business term loan / working capital: 1–3 weeks
  • Personal bank loan: 3–7 business days
  • Trade factoring: 2–5 business days once facility is set up
Typical timeline — property equity cashout
Day 1
First contact & assessment
Day 2–3
Options presented
Day 3–7
Application submitted
Week 2
Valuation arranged
Week 3–4
Approval & Letter of Offer
Week 5–8
Legal completion & funds disbursed
Loan types we handle
Most Popular

Property Equity Cashout

Unlock cash from your private condo, landed property, or commercial unit. From 3% p.a.

Fast

Working Capital Loan

Short-term business financing to manage cash flow, payroll, and operations.

Flexible

Business Term Loan

Structured financing for business growth, equipment, or expansion across Singapore.

Instant

Trade Factoring

Turn outstanding invoices into immediate cash. Stop waiting 30–90 days for payment.

Easy

Personal Bank Loan

Competitive personal loans for medical, education, renovation, or emergency needs.

Common questions
How much does VeFi charge?

Our fees are discussed transparently during your assessment — speak to us to find out more.

Does applying through a broker affect my credit score?

We do not run any credit checks during the assessment phase. A formal credit bureau check only happens when the bank runs its own application — we advise you before that stage.

Can HDB flat owners apply for a property equity cashout?

No — HDB rules do not allow flat owners to use a paid-up HDB as collateral for private credit. However, HDB owners can still access personal loans, business term loans, or trade factoring. We'll recommend the best alternative for your situation.

How many banks do you work with?

We work across all major Singapore banks including DBS, OCBC, UOB, Standard Chartered, Maybank, CIMB, and Hong Leong Finance — giving you genuine market-wide comparison, not just one or two options.

What if I'm self-employed or my income is irregular?

Self-employed applicants are assessed using 2 years of Notice of Assessment (NOA) from IRAS. For property equity cashout, keeping the LTV at or below 50% triggers a MAS exemption from TDSR — meaning income documentation is less critical. We'll structure your application accordingly.

Is VeFi licensed?

VeFi operates as a loan referral and brokerage intermediary in Singapore, connecting borrowers with MAS-regulated banks and financial institutions. All lending partners are fully licensed under MAS.

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Free assessment, same-day response. No documents needed to begin.

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