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How to utilise funds from my Micro Loan/ Term Loan?
How to utilise funds from my Micro Loan/ Term Loan?
Updated over 3 months ago

Once your Micro Loan/ Term Loan funds are disbursed to your Elevate Account, you can easily manage and utilise them. There are 2 ways to utilise funds disbursed to your Elevate Account, namely Bank Transfer and Elevate Debit Card.

Accessing Your Account: Log in to Elevate and navigate to the "Account" tab in the left menu.

Bank Transfer via FAST :

  1. Access your account via https://www.elevateforbusiness.sg/ and navigate to the "Account” tab.

  2. Access the “Payables” tab to transfer funds to local (via FAST transfer) or international recipients in a prompt and efficient manner.

Elevate Debit Card: Effortlessly make payments with the Elevate Debit Card, while enjoying the added benefit of earning 1% cashback through this convenient method!

These options provide flexibility in how you use your loan funds to support your business needs.

Elevate comprises six (6) main products offered by CardUp Pte Ltd, with some products being provided in partnership with third parties who will provide the regulated services under each product. CardUp is a major payment institution licence holder under the Payment Services Act 2019. Click here to Learn More.

CardUp Pte. Ltd.
Business Registration No.: 201536690R | Major Payment Institution License No.: PS20200484

FS Capital Pte. Ltd.
Business Registration No.: 201631787R

FS Technologies Pte. Ltd.
Business Registration No.: 201935125G

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