Free Broker Service Same-Day Response MAS-Licensed Lenders No Hidden Fees

Free COE & vehicle
loan brokering —
Singapore's smarter way to borrow.

We match you with MAS-licensed lenders whose criteria fit your profile — at no cost to you. Receive relevant, competitive quotes explained clearly, often at better rates than going direct. No obligation, no fees, no guesswork.

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For immediate help, call +65 9338 1285 any time. Mon-Sun, 9am-9pm.

Same-Day

Typical broker response

Zero Fees

Free brokerage service

MAS-Linked

Licensed lender network

5-60 Months

Flexible repayment terms

How Loan Brokering Works

What does a loan broker do — and why use one?

A loan broker acts as your intermediary. Instead of approaching individual banks or lenders one by one — and risking multiple credit enquiries — we assess your profile once and match you with lenders from our network whose criteria fit.

For Singapore COE and commercial vehicle borrowers, this means: one application, multiple matched options, and a broker who explains the differences between each quote before you decide. We do not charge you for this service — our fee comes from the lender if you proceed.

Why Borrowers Choose a Broker
  • Save time and avoid rejection chains

    Each direct application is a credit enquiry. A broker pre-matches you to reduce unnecessary hits on your credit report.

  • Compare structured quotes side by side

    We present matched offers in a clear format — term length, monthly repayment, total cost, and fees — so you compare apples to apples.

  • Access lenders that match your specific profile

    Different lenders favour different borrower profiles. We know which lenders are best for self-employed applicants, new businesses, or borrowers with specific vehicle types.

When a Broker Makes Sense
  • You need a COE renewal loan above S$50,000

    High-value renewals benefit from having multiple quotes compared — the broker handles the legwork.

  • You are self-employed or have variable income

    Some lenders prefer salaried borrowers. We know which lenders consider self-employed profiles and NOA-based assessments.

  • You are financing a commercial fleet vehicle

    Business vehicle financing involves different criteria than personal loans. We match you with lenders experienced in commercial lending.

  • You want clarity before commitment

    We explain each quote, the terms, and the fees before you sign anything. No pressure, no rushed decisions.

Why CoeLoans

Singapore's straightforward loan broker.

We do not sell loans. We help you understand, compare, and choose with confidence.

Same-day response

Submit your details and hear back quickly. We do not leave you guessing when time matters, especially around COE renewal deadlines.

Clear, itemised quotes

Every quote includes the principal amount, repayment schedule, interest rate, and all disclosed fees. No hidden charges, no surprises.

Flexible repayment terms

Matched lenders commonly offer repayment windows from 12 to 60 months for COE loans and up to 84 months for commercial vehicles, depending on your profile.

Broker-led guidance

We help you compare matched lender options, explain the quote structure, and guide you on what to verify before signing. The decision is always yours.

Apply from anywhere

Fill in our short online form or reach out via WhatsApp. No need to visit our office for the initial consultation — we handle the process remotely.

Direct support

Speak with our team directly by phone or WhatsApp while you review your options. We are available 7 days a week, 9am to 9pm.

Singapore's COE Market

COE prices remain high — planning your renewal financing matters

As of mid-2026, COE prices across all categories remain elevated. Category A (cars up to 1,600cc) has hovered around S$97,000, while Category B (above 1,600cc) has reached approximately S$110,000. Category C (commercial vehicles) sits around S$68,000.

Paying these amounts upfront is not realistic for most households. A COE loan allows you to spread the cost over manageable monthly instalments — often at lower effective rates than using credit cards or personal lines of credit.

As a broker, we help you compare financing options across matched lenders, so you understand the full picture — monthly payment, term length, total cost — before you commit.

COE PQP Reference (Q1 2026):
Cat A: S$97,000 • Cat B: S$110,000 • Cat C: S$68,000
Source: LTA. PQP is the 3-month moving average of successful COE bids.
Did you know? You can renew your COE for 5 or 10 years. Financing the renewal cost lets you keep your vehicle without a large upfront payment. Learn more about COE loans.
What Borrowers Say

Real feedback from real borrowers.

"CoeLoans helped me compare COE loan options quickly. The broker explained the quotes clearly and I found a repayment plan that worked for my budget."

— Borrower

COE Loan

"I was unsure about the paperwork needed for commercial vehicle financing. The team helped me understand what documents to prepare and matched me with a suitable lender."

— Business Owner

Commercial Vehicle

"The process was straightforward. I submitted my details and heard back the same day. The broker walked me through the quote and I knew exactly what I was signing."

— Borrower

COE Renewal

The Process

Get matched with lenders in 4 simple steps

From application to disbursement — here is how our broker process works.

01

Apply online

Fill in our short form with your vehicle details and loan amount. It takes about 3 minutes. We only need the basics to start matching you with lenders.

02

Review your options

We review your profile, match you with suitable lenders from our network, and present the quotes in a clear, itemised format. We explain the differences between each option.

03

Verify & decide

Check the lender on the Registry of Moneylenders, review the full terms, and choose the offer that works best for you. No pressure. No rush.

04

Lender completes

Once you decide, the matched lender handles the final agreement and disbursement directly. We remain available if you have follow-up questions.

Ready to start? No fees, no obligation, no commitment required.

Start My Free Application
FAQ

Questions Singapore borrowers often ask

What exactly does CoeLoans do?
CoeLoans is a loan broker based in Singapore. We help borrowers compare COE loan and commercial vehicle financing options from matched lenders in our network. We explain each quote, answer your questions, and guide you on what to verify before signing. Our service is free to borrowers.
How much can I borrow for a COE loan?
The amount depends on your income profile and the prevailing COE price (PQP). We work with lenders who typically finance up to 100% of the COE renewal cost. Contact us for a personalised assessment based on your vehicle category and financial situation.
Does using a broker cost me anything?
No. Our brokerage service is free for borrowers. If you proceed with a matched lender, they may pay us a referral fee — this does not affect the terms of your loan. We disclose this upfront so there are no surprises.
What documents do I need to apply?
You will need your NRIC, vehicle log card, and proof of income — typically the last 3 months of payslips or CPF contribution history. For self-employed applicants, we can work with your Notice of Assessment (NOA). Business vehicle applicants may need to provide registration documents.
How fast will I hear back?
Most enquiries receive a same-day response during business hours (9am-9pm, 7 days a week). We prioritise quick turnaround because COE renewals often have tight deadlines.
What should I check before signing a loan agreement?
Verify the lender on the Registry of Moneylenders before signing. Review the repayment schedule, total interest cost, any administrative fees, and early settlement terms. We help you understand each element of the quote before you decide.
Can I repay early without penalty?
Early settlement terms vary by lender. We encourage you to review the early repayment clause in each quote carefully before committing. Some lenders charge a fee for early settlement; others do not.
What is the difference between CoeLoans and a bank?
Banks lend directly. CoeLoans is a broker — we do not lend money. We assess your profile and match you with lenders from our network who fit your needs. This means one application can yield multiple options from different lenders, saving you time.

Have more questions? Visit our full FAQ page or ask us on WhatsApp.

Ready to find your best loan option?

Free to apply. No obligation. Same-day response in most cases.

Apply Now — It's Free Call +65 9338 1285

Before signing with any lender, verify its status on the Registry of Moneylenders. CoeLoans — 45 Jln Pemimpin, #01-03A, Singapore 577197.

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