At a Glance
What Borrowers Say About Lending Bee
Lending Bee has 9,250 Google reviews at a 5.0-star rating — the largest review base of any moneylender we have covered. About 9,065 of those are 5-star, with 68 one-star reviews. Those numbers are worth sitting with: a near-perfect ratio across that many reviews is unusual for any business, and we cannot rule out that some review solicitation is happening. That said, the volume of specific, detailed feedback (staff names, branch details, process descriptions) suggests most reviews reflect real experiences.
Borrowers talk most about staff being patient and thorough with explanations. Several mention that the collections team is polite when following up on late payments, which is not something you hear often about moneylenders. Many report completing the whole process — application, approval, disbursement — in under an hour.
The negative reviews mostly complain about rates being higher than bank loans. That is true of all moneylenders, not just Lending Bee. You still need to visit a branch in person to complete the loan despite the online application, so factor in travel time — they have four locations (Orchard, Bedok, Jurong East, Yishun), which helps.
Loan Products
Lending Bee offers one of the widest product ranges of any Singapore moneylender:
Rates and Fees
Lending Bee’s interest rates fall within the regulated cap of 4% per month. They advertise competitive positioning within this range, and borrowers frequently praise transparent pricing with no hidden fees.
As a MinLaw pilot participant, Lending Bee operates under additional compliance scrutiny, which reinforces their transparent pricing claims. They also offer no early repayment penalties, which means you can save on interest by paying off your loan ahead of schedule.
Specific rates depend on your income, loan amount, and tenure. The standard regulated fee structure applies:
- Interest rate: Maximum 4% per month
- Late payment fee: Maximum $60 per month
- Administrative fee: Up to 10% of loan principal
Who Is Lending Bee Best For?
Location and How to Get There
Lending Bee operates 4 branches across Singapore:
Orchard (Flagship)
14 Scotts Road, #02-44/45 Far East Plaza, Singapore 228213 Take the North-South Line to Orchard MRT. Exit towards Scotts Road and walk 3 minutes to Far East Plaza. The office is on Level 2. Phone: +65 6219 1611.
Bedok
Blk 205 Bedok North Street 1, #01-379, Singapore 460205 Take the East-West Line to Bedok MRT. The office is a 5-minute walk at street level in Blk 205. Phone: +65 6242 7833.
Jurong East
Block 135 Jurong Gateway Rd, #01-333, Singapore 600135 Walk from Jurong East MRT to the HDB blocks along Jurong Gateway Road — about 5 minutes. Phone: +65 6261 5696.
Yishun
Blk 925 Yishun Central 1, #01-233, Singapore 760925 Take the North-South Line to Yishun MRT. The office is in Blk 925, a short walk from the station. Phone: +65 6235 8327.
How to Apply
- Online pre-application (optional) — Start on lendingbee.com.sg with Singpass MyInfo for a 30-minute in-principle approval
- Choose your nearest branch — Visit any of the 4 locations during business hours
- Bring your documents — NRIC (or work pass), payslips, and proof of address
- Consultation and approval — Staff will walk you through options and process the application
- Same-day disbursement — Receive your funds after signing the loan agreement
- Download the app — Manage repayments and earn rewards through the Lending Bee mobile app
How Lending Bee Compares
Before settling on Lending Bee, weigh it against other licensed lenders and banks. PickMeALoan lets you apply once and receive personalised offers from multiple licensed lenders. Our AI matches you 24/7, we push lenders for their best possible rate (rate-match guarantee from 0.82% per month, 9.88% p.a.), deliver the offers straight to WhatsApp, and set up your appointment — you pick which to proceed with, and lenders don’t get your details to cold-call you. Your final rate, loan amount, and approval still depend on the lender’s own verification.
Other Lenders Worth Considering
If you’re exploring options beyond Lending Bee, these reviews may help:
- Quick Credit — 5.0 stars at IMM Building Jurong East, 24+ years in operation, open 7 days a week
- BST Credit — 4.9 stars in Jurong East, 10 loan types including debt consolidation
- Cash Direct — 5.0 stars in Jurong East, open Sundays, over $92M in loans claimed
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 Visiting Lending Bee
- Use Singpass online first — Getting the 30-minute in-principle approval before visiting saves significant time at the branch
- Choose your branch strategically — The Orchard flagship at Far East Plaza tends to be busiest; suburban branches at Bedok, Jurong East, or Yishun may have shorter wait times
- Visit on Sunday if weekdays are difficult — Lending Bee is one of the rare moneylenders open on Sundays (10am-6pm), making it accessible for those who cannot take time off work
- Ask about early repayment — Lending Bee charges no penalty for early repayment, so plan to pay off faster if your cash flow improves
- Download the mobile app after signing — The app makes repayment tracking convenient and includes a rewards program for borrowers