Revolving Term Loan

A revolving loan is a form of credit issued by banks that allows businesses of all sizes, including SMEs, to have cash for short-term funding. Revolving loans give a borrower complete flexibility to re-borrow and repay the loan with no fixed repayment term. After each repayment, there is no need to apply again, and the credit limit is automatically restored. 

The one key differentiating feature between revolving loans and business instalment loans is how they operate. Instalment loans involve a lump sum amount, which SMEs pay back with interest every month. 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.

DBS’ Revolving Term Loan provides plenty of benefits to SMEs in Hong Kong, including: 

• Readily available cash flow anytime, anywhere – This enables SME businesses to have a revolving loan facility that allows them to navigate through short-term fluctuations in their costs or sales
   
• No fixed repayment term – To lessen the financial pressures of  SMEs in Hong Kong, DBS lets companies repay funds borrowed at their own pace
   
• Competitive interest rates – Many businesses will worry about the interest that must be paid on any loan taken. DBS offers competitive interest rates to ensure companies do not struggle to make repayments

To learn more about the limits associated with DBS’ Revolving Term Loan and other SME related services that boost your business’ working capital, please contact your Relationship Manager or call DBS Business Care at 2290 8068 and we will arrange for a product specialist to speak with you.

Your credit limit will be automatically restored upon every repayment made. Should you want to borrow a larger amount, you should contact your Relationship Manager or call DBS Business Care at 2290 8068.