ThinkSME Blogs

Welcome to our blog postings. We’ll share more information and resources on what your company needs in order to succeed and flourish.

bank loans and revenue-based financing

Choosing Between Bank and Revenue-Based SME Financing

Bank Loans vs Revenue-Based Financing at a Glance Choosing how to fund your next stage of growth is one of the biggest decisions you will make as an SME owner. With higher interest rates, tighter bank credit and more cautious lenders, many Singapore businesses are rethinking how they borrow. At

IRAS GST filing deadline

GST InvoiceNow Guide for Smoother IRAS Filing in Singapore

Who Must Comply And When? GST-registered businesses will be required to submit invoice data to IRAS via the InvoiceNow network. This mandatory participation will be implemented progressively, in the following phases: Implementation Date Who it applies to 1 November 2025 Companies that register for GST voluntarily within 6 months of

Incorporation in Singapore

Your First 90 Days After Incorporation in Singapore

Your First 90 Days After Incorporation in Singapore Once ACRA approves your company incorporation in Singapore and you receive your Unique Entity Number (UEN), it can feel like the hard work is done. In reality, this is the starting line. On paper, you now exist, but operationally you still need

IRAS Tax Compliance

Understanding IRAS Tax Compliance for SMES in Singapore

Why IRAS Tax Compliance Matters for SMEs in Singapore IRAS tax compliance in Singapore is not just an annual chore; it is a core part of running a healthy, sustainable SME. Filing correctly and on time protects you from penalties, interest, and unnecessary stress, and it also gives you a

What is a Working Capital Loan?

What is a Working Capital Loan? A working capital loan is a short-term financial solution that helps businesses to cover their immediate expenses. Specifically, this type of financing enables firms to maintain their daily operations and continue production before long-term investments arrive. Obtaining loans from lenders such as banks or