Enjoy greater flexibility with immediate access to funding
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
How does the overdraft facility work?
The overdraft facility allows you flexible usage as you can loan up to an approved credit limit anytime. Interest is only charged on the amount used so you can better manage your funds.
How is my overdraft secured?
Your overdraft may be secured or unsecured. Eligible securities that may be considered include properties and fixed deposits.
How quickly do I have to pay it back?
There is no fixed repayment schedule as this is a revolving line of credit.
Do I need to have an account with DBS in order to use my overdraft facility?
Yes, you will need a DBS Business Account. Please refer to our DBS Business Account page for more details.
To borrow or not to borrow? Borrow only if you can repay!