# /C O R R E C T I O N — SMARTLEND FINANCIAL PTE. LTD./

- Link: https://www.thailand-business-news.com/pr-news/c-o-r-r-e-c-t-i-o-n-smartlend-financial-pte-ltd
- Published: 2026-07-03T14:40:00+07:00
- Author: PR Newswire

In the news release, Disrupting SME Lending: SmartLend Launches Free, Digital Loan
Platform, issued 12-Jun-2025 by SMARTLEND FINANCIAL PTE. LTD. over PR Newswire, 
we are advised by the company that changes have been made. The following sentence
has been removed from the release: "The platform integrates with Singpass and Credit
Bureau Singapore (CBS), allowing real-time retrieval of financial data and significantly
reducing application time." No other changes have been made to the release. The 
complete, corrected release follows:

** Disrupting SME Lending: SmartLend Launches Free, Digital Loan Platform**

SINGAPORE, June 12, 2025 /PRNewswire/ — SmartLend, a fully digital alternative financing
platform, has officially launched in Singapore, offering small and medium-sized 
enterprises (SMEs) a faster, more transparent way to secure funding.

 [ ⌊Apply Once Access All⌉ ](https://mma.prnasia.com/media2/3003691/Apply_Once_Access_All.html)

Apply Once Access All

By eliminating third-party brokers and unnecessary costs, SmartLend simplifies the
financing process, enabling businesses to compare and obtain loans efficiently without
hidden fees.

For many SMEs, securing financing from traditional banks remains challenging due
to stringent credit requirements and complex application procedures. Those who explore
alternative financing often rely on brokers who charge high fees—typically between
3% and 7%—or impose undisclosed costs.

SmartLend removes these barriers with a free-to-use platform that provides SMEs 
with a clear and unbiased view of their financing options, ensuring they secure 
the best possible funding quickly and cost-effectively.

What once took days of paperwork can now be completed in just minutes.

By connecting SMEs directly with a network of trusted lenders, SmartLend ensures
a transparent and cost-effective borrowing experience. Removing intermediaries benefits
both businesses and lenders, creating a more streamlined and efficient financing
ecosystem.

Unlike traditional loan aggregators, SmartLend’s intelligent matching engine prioritises
the most cost-effective bank financing first, only recommending alternative lenders
when necessary. This ensures businesses always receive the best possible financing
terms.

According to Danny Phua, CEO of SmartLend, the platform builds upon the success 
of Smart Towkay, a comparison platform that has helped over 5,000 SMEs secure more
than S$100 million in funding.

However, the process was still largely manual, requiring businesses to sift through
offers and handle paperwork. SmartLend takes this further by automating the entire
journey—from loan matching to application—providing businesses with a seamless, 
digital-first experience.

By integrating automation, SmartLend makes alternative financing more accessible,
efficient, and borrower-friendly.

Beyond business loans, SmartLend is expanding its offerings to include property 
equity term loans, allowing SMEs to unlock capital using their assets, providing
them with greater financial flexibility.

Future features will include an instant property valuation tool, enabling businesses
to assess their assets in real time, and a document vault, allowing SMEs to track
and manage loans across multiple lenders from a single platform.

Phua emphasised that the platform’s goal is to empower SMEs by giving them full 
control over their financing journey without unnecessary delays or consultancy costs.
With its innovative approach, SmartLend is set to transform the way businesses in
Singapore access funding, making alternative financing more transparent, accessible,
and cost-effective.

CONTACT: Danny Phua, [Hello@smart-lend.com](https://www.thailand-business-news.com/pr-news/Hello@smart-lend.com)

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  |  This article was produced by Cision PR Newswire, our trusted news partner. The views expressed and the content presented here are solely those of the author and may not fully reflect the opinions of Thailand Business News. |

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**Read the original article :** [/C O R R E C T I O N — SMARTLEND FINANCIAL PTE. LTD./ ](http://www.prnasia.com/story/archive/4997700_AE97700_0?rand=184833)