Lendingpot Singapore Review & Business Loan Comparison (2026)

Looking for Lendingpot?

This page provides an independent, in-depth review of Lendingpot Singapore, explaining how the platform works, what borrowers should expect after applying, typical interest rates, safety considerations, and how Lendingpot compares with other alternatives.

Updated Jan 2026

What Is Lendingpot?

Lendingpot is a digital loan marketplace in Singapore that helps borrowers compare loan offers from a wide network of financial institutions through a single application.

While Lendingpot is widely known for SME financing, it also operates a personal loan platform (via a dedicated personal-loan section) that allows individuals to explore personal loans from banks and non-bank lenders in one place.

Lendingpot is not a direct lender. Instead, it acts as an intermediary that matches borrowers with suitable lenders based on the information provided during the application process.

Borrowers commonly use Lendingpot Singapore to:

Compare personal loan options from multiple banks and financial institutions
Avoid approaching individual lenders separately
Explore different loan types, including personal loans, debt consolidation, and other unsecured financing
Submit a single loan application instead of repeating the same information multiple times

The platform emphasises convenience, breadth of choice, and lender competition, positioning itself as an all-in-one loan comparison marketplace rather than a lender.

How Lendingpot Works (Step-by-Step)

Step 1 in how to apply for a fast cash loan in Singapore

Online Application

To begin, borrowers submit personal and financial details such as income range, employment type, and loan amount.

Step 2 in how to apply for a fast cash loan in Singapore

Loan Marketplace Matching

Lendingpot matches the borrower’s profile with suitable partner lenders based on lender-defined eligibility criteria.

Step 3 in how to apply for a fast cash loan in Singapore.

Lender

Follow-Up

If matched, borrowers may be contacted by one or more lenders to continue the application, provide documents, and confirm final loan terms.

Approval & Disbursement

Final approval, interest rates, and loan disbursement are handled entirely by the lender — not by Lendingpot.

Ready to get your personalised loan offers?

100% free · No obligation

Is Lendingpot Legit and Safe in Singapore?

Yes. Lendingpot is a legitimate and established loan comparison platform in Singapore that works with regulated banks and financial institutions.

Key points regarding safety and legitimacy include:

Lendingpot does not lend money directly

Final loan terms are determined by the lender

There are no upfront fees charged by Lendingpot

Any credit checks are conducted by lenders, not the platform

Lendingpot is part of IFS Capital Limited, a company listed on the SGX mainboard, which strengthens its credibility and regulatory standing. The platform also prominently warns users against loan scams and impersonation, reinforcing that it does not collect fees via messaging apps.

Overall, Lendingpot is considered a safe and legitimate starting point for personal loan comparisons in Singapore.

Which Type of Borrower Is Lendingpot Best For?

Lendingpot may be especially suitable if you are:

Comparing Wide Options: A borrower who wants to see a broad range of personal loan offers from multiple banks and financial institutions before deciding.
Comfortable With Follow-Ups: Open to receiving calls or messages from relationship managers to discuss loan options and terms.
Exploring Different Loan Structures: Looking to compare interest rates, tenures, and loan features across lenders rather than committing to a single bank upfront.

Lendingpot’s strength is offering breadth and access. For some borrowers, that variety can feel empowering. For others, it may feel like added complexity, especially if they prefer fewer interactions or faster clarity.

Chinese woman confused on borrower type of Lendingpot

Lendingpot vs Other Loan Comparison Platforms

This comparison is based on publicly available information and typical borrower experiences across loan platforms in Singapore.

Feature	Lendingpot	PickMeALoan
Platform role	Real-time loan marketplace (aggregator) connecting borrowers to many lenders	AI-powered loan matching & filtering platform
Lender matching	Broad network of banks and financial institutions	Curated network of lenders matched by AI (profile-filtered)
Application Process	Single Singpass application shared with multiple lenders	Single Singpass application with AI; instant eligibility checks and upfront rate estimate
Interest rate visibility	Actual personalized offers shown on platform (rate confirmed when lender responds)	Upfront indicative rates provided; platform prioritises matching the lowest possible rate
Credit checks by platform	No, only lenders perform credit checks during final approval	No, any credit inquiry only by the eventual lender
Best suited for	Seeing broad specturm of offers to make comprehensive comparison	Getting the lowest interest with minimal hassle, fast approvals, and data privacy

PickMeALoan uses AI to match borrowers only with lenders they are most likely to qualify for, prioritising competitive rates and borrower privacy.

In contrast, Lendingpot’s marketplace model casts a wider net, which means more offers to consider, but also potentially more interaction before you find “the one.”

Each approach suits different preferences: Lendingpot for market-wide comparison, PickMeALoan for speed and simplicity.

When Lendingpot May Be the Right Choice

Lendingpot may be suitable if:

You want to explore as many personal loan options as possible
You don’t mind engaging with multiple lenders
You value market coverage over speed or automation or lower rates.

Borrowers who prefer a more streamlined or hands-off experience might lean toward alternatives like PickMeALoan.

The right choice depends on whether you prioritise having lots of options(Lendingpot’s strength) versus having the most relevant option handed to you with minimal effort (PickMeALoan’s promise).

Chinese woman approving Lendingpot for the right choice

An Alternative for Borrowers Who Prioritise Lower Interest Rates, Faster Approvals, or Privacy-First Matching

Not every borrower wants to speak to multiple lenders before knowing whether a loan is realistically suitable.

Some prioritise lower interest rates, others value faster approvals, while some prefer a privacy-first loan-matching approach that limits unnecessary follow-ups.

Platforms like PickMeALoan are designed around these preferences.

Lower Interest Rates
PickMeALoan operates as an AI-managed digital platform, reducing acquisition and operational costs for lenders.
Lower costs allow lenders to offer more competitive interest rates to eligible borrowers.

Faster Approvals
AI automation replaces manual processing and hand-offs, allowing loan matching and assessment to happen almost instantly.
This significantly shortens approval timelines compared to traditional workflows.

Privacy-First Matching
Borrower information is shared selectively with relevant lenders, rather than broadcast widely.

This reduces callbacks, limits data exposure, and keeps the process discreet.

Frictionless, WhatsApp-First Experience
Offers are reviewed and progressed privately via WhatsApp, without portals, repeated logins, or pressure calls.
Borrowers can move forward quickly, at their own pace.

Frequently Asked Questions

Clear answers to help you secure the best personal loan deals in Singapore.

What is Lendingpot and is it a lender?

Lendingpot is a loan comparison and matching platform in Singapore. It is not a direct lender. Lendingpot connects borrowers with banks and financial institutions, while final loan approval and terms are determined by the lender.

Is Lendingpot legit and safe to use in Singapore?

Yes, Lendingpot is a legitimate loan comparison platform in Singapore that works with regulated banks and financial institutions. It does not issue loans itself and operates as an intermediary to help borrowers compare loan options safely.

Does applying through Lendingpot affect my credit score?

Lendingpot itself does not perform credit checks. Any credit assessment or credit bureau check is conducted by the lender during the loan approval process, not by the platform.

Why do some borrowers receive multiple calls after using Lendingpot?

Because Lendingpot shares your application with multiple partner lenders, more than one lender may contact you to discuss loan options, request documents, or confirm eligibility.

How does Lendingpot compare with other loan comparison platforms?

Lendingpot prioritises broad lender access, allowing borrowers to explore many loan options. Some alternatives focus more on filtered matching, speed, or privacy, depending on borrower preferences.

Final Thoughts

If you’re researching Lendingpot Singapore, it’s important to understand how the platform works and how it compares with alternatives so you can make an informed borrowing decision.

Lendingpot offers a legitimate and transparent way to compare personal loan options across a wide range of lenders. Its marketplace model can be valuable if you want maximum visibility of the loan market.

Before applying, consider:

Your comfort with multiple lender interactions: Are you okay with juggling offers from different lenders and the communication that comes with that? If you prefer to speak with just one bank or have one dedicated agent, Lendingpot’s multi-offer system might feel overwhelming. On the flip side, if you love the idea of having many choices, you’ll appreciate Lendingpot’s format.
What Matters Most (Breadth or Speed): If securing the a lot of loan offers to decide and choose, Lendingpot could be very useful. However, if you value speed and simplicity over shopping around, a platform that immediately pinpoints one best offer might suit you better.
Your Eligibility Profile: No matter which platform you use, your income, credit rating, and existing debts will play a big role in the quality of loan offers you receive. Make sure your expectations (for loan amount, interest rate, etc.) are realistic for your financial profile. Lendingpot can present options, but it can’t perform miracles if, say, your credit score is low or debt is high – you might still only qualify for certain rates or amounts.

Ultimately, Lendingpot is a valued option in Singapore’s loan comparison scene. It puts the power in your hands to compare and choose. If you’re unsure which loan platform suits your needs best, there’s no harm in exploring more than one – comparing loan platforms before committing can help you decide more confidently. Happy borrowing!