USED-CAR FINANCING, DECIDED BY PEOPLE

HS Financing provides hire-purchase loans for used cars and floor stock financing for used-car dealers. Every application is read and decided by a member of our credit team, not by an automated score.

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Within MAS loan limits – Up to 70% or 60% financing, up to 7 years

A person reviews every application – No decisions by algorithm

Clear figures before you sign – Flat rate, EIR, fees and total payable in writing

HPFLAS member – Hire Purchase, Finance & Leasing Association of Singapore

How We Can Help

Buying a Used Car

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Being a Guarantor

Asked to support someone's loan? We explain clearly what a guarantor signs and what it means before anyone commits.

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Running a Used-Car Business

Floor stock financing helps you hold the right stock without locking up your working capital.

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How it works

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Tell us what you need

Speak to a person

Send your documents

Decision and offer

Fill in our short online form or send us a WhatsApp message. You don't need any documents at this stage.

Chat with our team

Send your documents, including NRIC copies, by WhatsApp (+65 8899 8036) or email (enquiry@hsfinancing.com).

Our credit team reviews your application. If it is approved, your offer will show the loan amount, flat rate, effective interest rate (EIR), fees and total payable before you sign anything.

What could my monthly instalment be?

Try the loan calculator

People, not a scoring machine

An experienced member of our credit team looks at your whole situation, not just a number. If something is unclear, we'll ask you about it. We set out the flat rate, the EIR, all fees and the total amount payable in writing before you commit. Our office is at HDB Hub in Toa Payoh. Call us, message us on WhatsApp or visit during office hours.

Turned down by a bank?

You are still welcome to talk to us. We look at your full circumstances, including your income, existing commitments, the car and whether a guarantor could support your application. We can't promise approval, and we will only offer a loan we believe you can comfortably repay.

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Frequently asked questions

How much can I borrow for a used car?

Up to 70% of the purchase price if the car's OMV is S$20,000 or less, and up to 60% if it is above S$20,000. The amount we offer depends on our assessment.

Do I need a guarantor?

Not always.

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Ready to talk about your car?

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