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Guide to Activating Aspire Advance Limit
Updated over 3 months ago

Note: The Aspire Advance Limit feature is not yet available for businesses incorporated in Hong Kong.

Aspire Advance Limit Eligibility

Advance Limit applications will be reviewed based on the Eligibility Criteria below:

Criteria

Description

Corporate

Startup*

Repayment History

- No history of late repayment of company & major shareholders at other financial institution

- No bankruptcy in the last 5 years

Required

Required

Minimum latest Y-o-Y revenue growth

No less than -5%

Required

Required

Prohibited Industry

Required

Required

Country of operation & Director's location

in SG, VN, ID, MY, TH, PH

Required

Required

Legal Entity type

Only in the form of LTD, JSC, PLS

Required

Required

Minimum yearly revenue

At least 2M USD

Required

Not required

Years of operation

At least 2 years

Required

Not required

Profitability in the last 2 years

No less than 0%

Required

Not required

VC capital injection

At least 5 million USD (total of all funding rounds)

Not required

Required

Remaining runway

At least 9 months

Not required

Required

Notes:

  • *Startups are businesses established for less than 3 years and primarily supported by venture capital, incubators, or accelerator investors.

  • Advance Limit approval is subject to further assessment after your documents are submitted.

How to obtain an Aspire Advance limit?

Already have an Aspire account

Admin users can request to activate an Advance Limit by following the steps below:

  1. On your Aspire dashboard, click "Advance limit" in the left navigation bar (web app) or click "Menu" and choose "Advance limit" (mobile app).

  2. Click"Get my advance limit", then follow the user flow

Our Credit Analysts will review your request. You should receive an email from us within three working days on the result of your Advance Limit application.

Note: For clients who previously had an Aspire Advance Limit, but had their Advance limit retired/deactivated - if you have checked the revised advance limit criteria (here) and are eligible for an advance limit, you may reapply via this form link: Advance Limit Reapplication Form

Don't have an Aspire account yet

If you're a small business with big ambitions, then our advance card might be the best option for you and your business needs. Apply online and learn more here.

Which currencies are available for Advance Limit?

We offer the following currencies when opening your Advance Limit:

Currencies available for Advance Limits

Repayment Currencies

Repayment Currencies

Repayment Currencies

Local

SGD

USD

SGD

-

USD

-

IDR

VND

THB

PHP

MYR

NZD

GBP

EUR

NOK

HKD

CAD

AUD

INR

CNY

AED

JPY

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