instalment-loan

Business Instalment Loan

Collateral-free or secured loans with
no financial statements required

Business Instalment Loan

Collateral-free or secured loans with
no financial statements required

At a Glance
Apply via DBS Online Loan Application Platform to enjoy the following DBS exclusive offers:
fast

Preliminary loan amount approval as fast as 3 working days#

rate

Annual interest rate can be as low as DBS’s privilege interest rate (P) – 0.25%^


Remarks:

#The preliminary loan amount approval's 3-working day process time is calculated from the first working day after the loan application is submitted. The applicant will be notified individually of the indicative loan approval result in the next working day after the preliminary loan amount approval is completed. The preliminary approval time does not include the approval time from The Hong Kong Mortgage Corporate Limited. The preliminary approval amount of an indicative loan is only applicable to successful submission via online submission in DBS Online Loan Application Platform and fulfilment of all documents and requirements requested by the Bank. Such indicative loan amounts are subject to the Bank’s further approval and final decision, the final decision may be different from the preliminary loan approval.

^Applicable to DBS selective customers only

Features & Benefits
Apply for DBS Business Instalment Loan online in a few steps. Raise up to HKD 10 million in funding for your business with/without pledging collaterals!
Competitive

Competitive rates

SME loans of up to HKD 10 million with competitive interest rates

option

Collateral-free Business Instalment Loan Option

Loan amount of collateral-free Business Instalment Loan up to HKD 3 million without financial statements required

date

Flexible repayment period

Stretch your business loan repayment period up to 7 years with DBS’ funding scheme for SMEs in Hong Kong

online

Convenient to apply

Apply DBS Business Instalment Loan online in as fast as 10 minutes. Get notified on approval status in as fast as 3 working days# and followed up by a dedicated Relationship Manager  

How to Apply

Simply call DBS BusinessCare at 2290 8068 or visit our SME Banking Centres and our Relationship Manager will be glad to assist you. You will need to submit the following documents:

You will need to submit the following documents:

  • Company registration documents and business profile
  • Latest financial reports
  • Latest bank statements from major Banks
  • Business owners information
Apply loan under HK$10 million
Apply loan over HK$10 million
FAQs
What is a business instalment loan?

A business instalment loan is usually sought by companies, such as SMEs, to address urgent short-term business needs. These loans have a pre-determined instalment and repayment period.

What is the difference between a business instalment loan and a revolving loan?

Companies that opt for business instalment loans will get a lump sum amount that needs to be paid back with interest every month. The amount that needs to be repaid, along with the interest rate, will be pre-determined. Revolving loans, on the other hand, provide a pre-set line of credit to SMEs, allowing them to withdraw the cash they need immediately. After the amount has been repaid, the credit limit will be automatically restored, and you can re-borrow conveniently and flexibly at any time without having to apply again.

What is the difference between a secured and unsecured loan?

DBS secured loans provide up to HKD 10 million in funding to SMEs but require tangible assets as collateral in the event the borrower cannot repay the amount. Unsecured loans, on the other hand, companies can obtain up to HKD 3 million without having to provide any collateral.

What are the benefits of DBS’ Business Instalment Loan?

DBS' Business Instalment Loan provides a wide range of benefits for companies, including SMEs, in Hong Kong, including:

  • Collateral-free loan option – When opting for the unsecured business loan, you can obtain up to HKD 3 million without having to provide collateral and financial statements
     
  • Loan of up to HKD 10 million – Loans up to this amount provide extra working capital and require tangible assets as collateral
     
  • Flexible repayment period – Extend your loan repayment period by up to 7 years through DBS' funding scheme for SMEs
     
  • Quick application and approval – Apply for DBS' Business Instalment Loan online in just 10 minutes and get approval in 3 working days
How much can I borrow?

Unsecured loans allow you to borrow up to HKD 3 million, while secured loans provide up to HKD 10 million in funding.

 

To borrow or not to borrow? Borrow only if you can repay!