Working Capital

Term Loan

Expand your business with a term loan and flexible repayment plans

Enhance your cash flow and improve your day-to-day business operations with a DBS Term Loan.

 

Why choose DBS Term Loan?

  • Enhance your cash flow with easy access to funding
  • Free up assets to fund the expansion of your business
  • Choose from revolving and non-revolving credit facilities with both fixed and floating interest rates to suit your needs
  • Plan your finances effectively with a fixed monthly repayment schedule or a flexible repayment term based on the type of loan you decide to take
  • Manage your finances easily with IDEAL™, our online banking platform

FAQs

How much can I borrow?

You may borrow up to your required loan amount with tenure of up to ten years.

What is revolving and non-revolving credit?

Revolving credit is a line of credit you take which you can choose to pay over a period of time. You decide how much you want to borrow at any time up to the credit limit set for your account. The payment period is not fixed but usually a minimum sum of payment is required on a monthly basis.

Non-revolving credit is when credit is extended over a fixed repayment plan. As payments are paid on non-revolving credit plans, further credit is not extended.

Do I need to place any collaterals?

Depending on the type of loan you take, the amount and tenure of loan, collaterals may or may not be required. However, we will consider each application on a case-by-case basis.

How will I know if my application has been approved?

A relationship manager will be assigned to you and will contact you to arrange for the necessary documents required to facilitate the term loan.

Please call us at 2290 8068 for more information and if you need assistance.

 

How do I apply?

Simply call DBS Business Care at 2290 8068 or visit our Enterprise Banking Centres, SME Banking or designated DBS Branches and our Relationship Manager will be glad to assist you. 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
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