At a Glance
What Borrowers Say About Finance Buddy
Finance Buddy has only 3 Google reviews. That is not enough to draw any real conclusions about the borrower experience. The reviews mention professional service and responsive staff, but three data points could come from anyone — employees, partners, or a tiny number of clients.
The near-absence of reviews actually tells you something useful. Moneylenders that serve walk-in retail borrowers typically have hundreds or thousands of reviews (Lending Bee has 9,250, Quick Credit has 2,000). Finance Buddy’s 3 reviews suggest it does not operate like a typical lender. It appears to function as a secured lending arm within the PhillipCapital group, serving clients who already hold investment assets and want to borrow against them.
Bottom line: if you are searching for a standard personal loan with fast cash disbursement, Finance Buddy is probably not the right fit. If you hold securities, insurance policies, or bonds with PhillipCapital and want liquidity without selling, it may be worth contacting them — but call ahead, because their website was unreachable during our research.
Loan Products
Finance Buddy's product range reflects its secured lending focus and PhillipCapital backing:
The key differentiator: borrowers using investment assets as collateral retain full ownership of those assets during the loan period. You continue receiving dividends, interest, and any capital appreciation — you are essentially using your portfolio as security without liquidating it.
Rates and Fees
Finance Buddy’s secured lending model typically offers lower interest rates than unsecured moneylender loans, because the collateral significantly reduces the lender’s risk. However, specific rates are not publicly published and are customised based on:
- The type and quality of collateral (blue-chip shares vs speculative stocks)
- The loan-to-value ratio
- Your overall financial profile
- Loan amount and tenure
As a licensed moneylender, Finance Buddy is still subject to the regulated maximum of 4% per month. However, secured loans backed by quality investment assets would typically command rates well below this cap.
Contact Finance Buddy at +65 6521 6858 or [email protected] for a personalised rate quote based on your portfolio.
Who Is Finance Buddy Best For?
Location and How to Get There
Finance Buddy operates from 250 North Bridge Road, #06-00, Raffles City Tower, Singapore 179101 — a premium office space in the heart of Singapore’s CBD.
By MRT: Take the North-South Line or East-West Line to City Hall MRT. Raffles City Tower is directly connected to the MRT station via the Raffles City shopping complex. Alternatively, Esplanade MRT on the Circle Line is also within walking distance.
By bus: North Bridge Road is served by numerous bus routes. Alight at the Raffles Hotel or War Memorial Park bus stops.
The Raffles City Tower location signals Finance Buddy’s positioning as a corporate financial service rather than a retail moneylender. Expect a professional office environment rather than a typical lender shopfront.
How to Apply
Finance Buddy’s application process is likely more involved than a typical lender:
- Contact them first — Call +65 6521 6858 or email [email protected] to discuss your borrowing needs and collateral
- Portfolio assessment — Finance Buddy will evaluate your investment assets to determine eligible collateral and borrowing limits
- Rate quotation — Receive a customised rate based on your collateral type and financial profile
- Documentation — Prepare investment statements, NRIC, and income documentation
- Loan arrangement — Complete the borrowing arrangement at their Raffles City Tower office
Given the specialised nature of their lending, an initial phone consultation is strongly recommended before visiting.
How Finance Buddy Compares
Finance Buddy operates in a fundamentally different space from most moneylenders. If you are looking for a standard personal loan, you are better served by traditional moneylenders or loan comparison platforms. On PickMeALoan, you can submit one application and receive multiple personalised offers ranked by rate from lenders who specialise in personal and business loans.
Other Lenders Worth Considering
If you’re exploring options beyond Finance Buddy, these reviews may help:
- Crawfort — 4.8 stars at City Hall, 1,700+ reviews, algorithmic rate matching
- EZ Loan — 4.9 stars at Marina Square, 16+ loan types available
- Singa Credit — 30+ years in Bugis, rates from 1%, open weekends
Useful Guides
- Compare Personal Loans in Singapore — Side-by-side comparison from banks and licensed lenders
- Borrow Money in Singapore — Complete guide to borrowing options
- Licensed Moneylenders Directory — Full directory of licensed lenders
Tips Before Contacting Finance Buddy
- Call before visiting — With no published hours and an office-based setup, always confirm availability and book an appointment before travelling to Raffles City Tower
- Prepare your portfolio details — Know the approximate value and composition of your investment assets (shares, bonds, insurance policies, unit trusts) before the conversation
- Understand the loan-to-value ratio — Lenders typically lend only a percentage (50-80%) of the collateral value, so your borrowing capacity depends on your portfolio size
- Consider the alternative — If you do not hold investment assets, Finance Buddy is unlikely to be the right fit. Use PickMeALoan to compare unsecured personal loan options from other licensed moneylenders
- Ask about margin call risk — If using shares as collateral, understand what happens if the market drops and your collateral value falls below the required threshold