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Frequently Asked Questions
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Do I need to buy a vehicle to get a loan ?Yes, we only make loans in connection with the purchase of a vehicle. You may apply at any time, but in order to fund a loan we require information about the vehicle you are buying. Upon contract signing, we work directly with the dealership to finalize the process, and dealership will handle the rest (like getting you your keys!). All you'll need to do is drive away!
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Do I need to buy a car directly from a dealership ?You can purchase your vehicle from either a dealership or a private party. The details of a private party transaction can be discussed with the sales representative assigned to your application.
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How long does it take to get a loan ?Once you've verified your application information and finalized the details of the vehicle you're purchasing, we will review your loan for final approval. If all the information is provided promptly, we will typically approve your loan within a business day.
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Do you refinance ?Yes ! Submitting an application only takes a few minutes. If you quality, we will provide you with a pre-approval within 2 business days.
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I work at a dealership, how can I partner with LendMax.SG ?"Thank you for your interest in working with us. Please send us an email at hp@teckwei.com.sg , with your name and the dealership name and the best way to contact you. One of our Account Managers will follow up quickly !
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What will my interest rate be ?After you submit your loan application, and provided you meet our eligibility requirements, we will send you your pre-approved interest rates within 24 hours.
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What are your eligibility criteria for car loans ?Loan Applicants should be: Singaporeans, Singapore PRs, Foreigners Applicants should be between 21 – 65 years of age
-
Do I need to buy a vehicle to get a loan ?Yes, we only make loans in connection with the purchase of a vehicle. You may apply at any time, but in order to fund a loan we require information about the vehicle you are buying. Upon contract signing, we work directly with the dealership to finalize the process, and dealership will handle the rest (like getting you your keys!). All you'll need to do is drive away!
-
Do I need to buy a car directly from a dealership ?You can purchase your vehicle from either a dealership or a private party. The details of a private party transaction can be discussed with the sales representative assigned to your application.
-
How long does it take to get a loan ?Once you've verified your application information and finalized the details of the vehicle you're purchasing, we will review your loan for final approval. If all the information is provided promptly, we will typically approve your loan within a business day.
-
Do you refinance ?Yes ! Submitting an application only takes a few minutes. If you quality, we will provide you with a pre-approval within 2 business days.
-
I work at a dealership, how can I partner with LendMax.SG ?"Thank you for your interest in working with us. Please send us an email at hp@teckwei.com.sg , with your name and the dealership name and the best way to contact you. One of our Account Managers will follow up quickly !
-
What will my interest rate be ?After you submit your loan application, and provided you meet our eligibility requirements, we will send you your pre-approved interest rates within 24 hours.
-
What are your eligibility criteria for car loans ?Loan Applicants should be: Singaporeans, Singapore PRs, Foreigners Applicants should be between 21 – 65 years of age
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