Bridge Loan Term Sheet for Singapore

Bridge Loan Term Sheet Template for Singapore

A Bridge Loan Term Sheet is a preliminary document outlining the key commercial and legal terms for a short-term financing arrangement under Singapore law. It serves as the foundation for the subsequent loan agreement, detailing the principal amount, interest rate, security requirements, and repayment terms. The document must comply with Singapore's Banking Act and MAS regulations, particularly regarding interest rates, security arrangements, and disclosure requirements.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Bridge Loan Term Sheet

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc

What is a Bridge Loan Term Sheet?

A Bridge Loan Term Sheet is a crucial document used when companies require temporary financing to bridge a gap between immediate funding needs and longer-term financing solutions. Under Singapore jurisdiction, this document establishes the fundamental terms and conditions of the bridge loan, including facility amount, pricing, security structure, and key conditions precedent. The term sheet serves as the basis for preparing detailed loan documentation and typically precedes more comprehensive financing agreements. It must align with Singapore's regulatory framework, particularly MAS guidelines and the Banking Act.

What sections should be included in a Bridge Loan Term Sheet?

1. Transaction Summary: Overview of key terms including loan amount, purpose, and borrower details

2. Facility Details: Specific terms of the bridge loan including type, amount, currency, and purpose

3. Interest and Fees: Details of interest rate, calculation method, and all applicable fees

4. Repayment Terms: Payment schedule, maturity date, and prepayment provisions

5. Security/Collateral: Required security arrangements and collateral details

6. Conditions Precedent: Requirements that must be met before loan disbursement

What sections are optional to include in a Bridge Loan Term Sheet?

1. Representations and Warranties: Additional borrower declarations for complex transactions or higher risk borrowers

2. Covenants: Ongoing obligations of the borrower for loans with specific performance requirements

3. Events of Default: Detailed default scenarios and consequences for larger loans or complex security arrangements

What schedules should be included in a Bridge Loan Term Sheet?

1. Fee Schedule: Detailed breakdown of all applicable fees and charges

2. Security Documents List: Comprehensive list of required security documentation

3. Draw Down Conditions: Specific requirements and conditions for loan disbursement

4. Required Documentation: Complete list of documents required from borrower

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Singapore

Publisher

Genie AI

Document Type

Loan Agreement

Sector

Banking

Cost

Free to use
Relevant legal definitions
Clauses
Industries

Banking Act (Cap. 19): Primary legislation governing banking institutions and their operations in Singapore, including lending activities and regulatory compliance requirements

Securities and Futures Act (Cap. 289): Regulates financial instruments and securities, relevant if the bridge loan involves any security instruments or is part of a larger securities transaction

Moneylenders Act (Cap. 188): Controls money lending activities in Singapore, including interest rate caps and licensing requirements for certain types of lenders

Companies Act (Cap. 50): Governs corporate borrowing powers, financial assistance, and corporate governance requirements related to loan transactions

MAS Guidelines: Regulatory guidelines issued by the Monetary Authority of Singapore providing framework for lending practices and risk management

MAS Notice 635: Specific regulations regarding banking facilities provided to related entities, including limits and disclosure requirements

MAS Notice 643: Guidelines governing transactions with related parties, including requirements for arms-length terms and approval processes

Contract Law (Cap. 43): Fundamental legislation governing contract formation, enforcement, and remedies in Singapore

Stamp Duties Act (Cap. 312): Regulates stamp duty obligations on loan documents and security instruments

Personal Data Protection Act 2012: Governs the collection, use, and disclosure of personal data in loan documentation and processing

AML/CFT Regulations: Anti-Money Laundering and Countering the Financing of Terrorism regulations requiring due diligence and compliance measures in lending transactions

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Unsecured Directors Loan Agreement

A Singapore legal document outlining unsecured loan terms between a company and its director.

find out more

Student Loan Agreement

A Singapore legal document outlining terms for educational financing between a student and a financial institution.

find out more

Simple Loan Application Form

A Singaporean legal document for collecting loan applicant information in compliance with local lending regulations.

find out more

Simple Car Loan Agreement

A Singapore legal document standardizing vehicle loan terms, ensuring compliance with regulatory and consumer protection laws.

find out more

Promissory Note Family Loan

A Singapore legal document formalizing family loans, detailing terms and preventing disputes under local law.

find out more

Private Lending Term Sheet

A Singaporean legal document outlining preliminary loan terms and ensuring compliance with local moneylending regulations.

find out more

Personal Loan Receipt

A Singapore legal document recording personal loan terms, ensuring compliance with lending regulations and preventing disputes.

find out more

Payday Loan Contract

A Singapore legal document outlining payday loan terms, ensuring compliance with Moneylenders Act and borrower protections.

find out more

Money Agreement Between Two Parties

A Singaporean legal document outlining terms for a loan agreement between two parties, ensuring compliance and protection.

find out more

Loan Note

A Singapore legal document outlining debt obligations and compliance for various lending transactions.

find out more

Loan Guarantee

A Singapore legal document guaranteeing third-party obligations in corporate and commercial financing arrangements.

find out more

Loan Agreement With Guarantor

A Singapore legal document securing a loan with a guarantor, ensuring repayment under the Moneylenders Act.

find out more

Loan Agreement With Collateral

A Singaporean legal document securing loans with collateral, detailing lender rights and compliance with local regulations.

find out more

Investment Loan Contract

A Singapore legal document standardizing investment loans, ensuring compliance with MAS guidelines and banking regulations.

find out more

Facility Agreement

A Singaporean legal document structuring loan arrangements, ensuring compliance with MAS guidelines and banking regulations.

find out more

Debt Repayment Contract

A Singapore legal document detailing debt repayment terms, ensuring compliance with local laws and interest rate caps.

find out more

Employee Laptop Loan Agreement

A Singapore legal document formalizing employee laptop loans, ensuring compliance with PDPA and asset protection.

find out more

Employee Forgivable Loan Agreement

A Singapore legal document offering forgivable loans to employees, contingent on retention and performance criteria.

find out more

Employee Cash Advance Agreement

A Singapore legal document outlining terms for employee cash advances, ensuring compliance with employment regulations.

find out more

Borrowing Form

A Singapore legal document outlining loan terms, ensuring compliance with local lending regulations.

find out more

Domestic Helper Loan Agreement

A Singapore legal document outlining financial assistance terms for foreign domestic workers, ensuring compliance with MOM guidelines.

find out more

Device Loan Agreement

A Singapore legal template for temporary device loans, ensuring compliance with data protection and electronic transaction laws.

find out more

Company Loan Form

A Singapore corporate document formalizing inter-company loans, ensuring compliance with financial regulations and customizable terms.

find out more

Unsecured Loan Contract

A Singapore-law governed agreement establishing terms for an unsecured loan, compliant with local financial regulations.

find out more

Unregulated Credit Agreement

A Singapore law-governed agreement for unregulated credit arrangements between private parties.

find out more

Small Business Loan Contract

A Singapore-law governed agreement establishing terms for a small business loan, compliant with MAS guidelines and local banking regulations.

find out more

Simple Equipment Borrowing Agreement

A Singapore-law governed agreement establishing terms for temporary equipment borrowing between parties.

find out more

Simple Loan Promissory Note

A legally binding promise to repay a loan, governed by Singapore law, containing essential loan terms and repayment obligations.

find out more

Payment Plan Car Payment Contract

A Singapore-governed contract establishing terms for vehicle purchase financing through scheduled payments, compliant with local banking and consumer protection laws.

find out more

Pari Passu Loan Agreement

A Singapore law-governed loan agreement establishing equal ranking rights among multiple lenders for payment and security enforcement.

find out more

Loan Out Agreement

A Singapore-law governed agreement where a company provides the services of a specific individual to another company, typically used in entertainment and professional services sectors.

find out more

Loan Forgiveness Agreement

A Singapore-governed agreement that releases a borrower from loan repayment obligations, either partially or in full.

find out more

Loan For Use Contract

A Singapore-law governed agreement allowing free temporary use of items with return obligations.

find out more

Loan Facility Letter

A Singapore-law governed document setting out terms and conditions for a loan facility, issued by a financial institution to a borrower.

find out more

Loan And Mortgage Agreement

A Singapore law-governed agreement combining a loan facility with property security through mortgage.

find out more

Loan Agreement Term Sheet

A preliminary document outlining key terms of a proposed loan facility under Singapore law, serving as the basis for a detailed loan agreement.

find out more

Loan Agreement Between Director And Company

A Singapore-law governed agreement documenting a loan from a director to their company, compliant with the Companies Act and corporate governance requirements.

find out more

Loan Agreement Between Company And Individual

A Singapore-law governed agreement between a company and individual for the provision and repayment of a loan, including terms and conditions.

find out more

No Loan Agreement

A Singapore-law governed agreement that formally documents and confirms the absence of any loan arrangement between parties.

find out more

Memorandum Of Loan Agreement

A Singapore-law governed agreement documenting loan terms between lender and borrower, including amount, interest, and repayment conditions.

find out more
See more related templates

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it

2 Docs LeftAccess Now