Business Solutions for Logistics Entrepreneurs | OCBC Business Banking SG

From pick-up to drop-off: Delivering your promises on time

Deliver the right inventory to the right place, at the right time.

As a global logistics and major transshipment hub, Singapore’s logistics sector is a critical enabler of our economy and everyday life.

If you are a logistics SME, efficiency, visibility and control are the name of the game. Whether it is by land, sea or air, your promise to your customers is to deliver inventory to the right location at the right time. Beyond adapting to global supply chain disruptions and matching delivery capacity to cope with fluctuating demands, you may face delayed payments, high operational costs, rising fuel and shipment prices.

We understand these unique challenges and support logistic SMEs with solutions to keep your business on the move, your customers satisfied and your cash flow rolling. Gain elasticity to support traffic spikes and spin capacity to meet demands. This way, every promise made to your customers will be delivered on time.

Supporting you in delivering better results

From freight forwarding to land transportation and warehousing, discover solutions to help your business improve the movement of goods and stay ahead of your competition.

Whether you are moving cargo via air, ocean, or roads, the recent economic, environmental, technological and political changes are making it more challenging to increase profitability. We are here to support you in streamlining business operations, managing cash flow better and capitalising on new growth opportunities to be even more competitive.

Get started now 

Facing a challenge that is unique to the logistics industry?

I need to

With freight demand skyrocketing and fewer containers available because of global supply chain disruptions, it may be difficult to manage hefty upfront payments to secure carrier spaces and pay for port changes, overseas agents, warehouses, transport and more.

Pick up these solutions to secure a rolling cash flow

Short-term financing

Manage seasonal payments and scale flexibly

Secure funds to cover pre-shipment payments to overseas vendors, subcontract your first mile or take on unplanned shipping projects. Enjoy a preferential rate and pay only for the amount you use.

Secure funds to cover pre-shipment payments to overseas vendors, subcontract your first mile or take on unplanned shipping projects. Enjoy a preferential rate and pay only for the amount you use.

Quick cash

Shorten your payment cycles

Convert your unpaid sales invoices or purchase orders into cash and get funding within 1 day, so you can scale your business faster.

Convert your unpaid sales invoices or purchase orders into cash and get funding within 1 day, so you can scale your business faster.

Greener business model

Ship more with less environmental impact

Your sustainability efforts will set the stage to lower carbon emissions due to the major role that vehicles play in maintaining the supply chain. Looking to own or expand your fleet of vehicles to organise shipments between locations? Go green and enjoy preferential rates when you purchase sustainable vehicles.

Your sustainability efforts will set the stage to lower carbon emissions due to the major role that vehicles play in maintaining the supply chain. Looking to own or expand your fleet of vehicles to organise shipments between locations? Go green and enjoy preferential rates when you purchase sustainable vehicles.

Facing high costs for cross-border payments, need to collect cash at container depots or generate invoices with PayNow QR to receive payments?

Pick up these solutions to expedite your payments and collections

Currency conversion

Save more on cross-border payments

Enjoy a flat fee of S$28 for overseas telegraphic transfers. Plus send international payments at a preferential foreign exchange rate with FX Online. T&Cs apply.

Enjoy a flat fee of S$28 for overseas telegraphic transfers. Plus send international payments at a preferential foreign exchange rate with FX Online. T&Cs apply.

Digital payment collection

Skip the hassle of collecting cash

Go digital and receive payments instantly in your business account for free and reconcile transactions with OCBC OneCollect. T&Cs apply.

Go digital and receive payments instantly in your business account for free and reconcile transactions with OCBC OneCollect. T&Cs apply.

Business deposit card

Deposit cash securely and conveniently

If you still need to collect cash, simply deposit your drivers’ cash takings at any OCBC ATM securely with a Business Deposit Card and save on counter transaction and cash deposit fees.

If you still need to collect cash, simply deposit your drivers’ cash takings at any OCBC ATM securely with a Business Deposit Card and save on counter transaction and cash deposit fees.

Face difficulty in managing risks to protect your freight against accidental damage during its journey across the sea, air or land? Get peace of mind with our comprehensive coverage.

Pick up these solutions to protect your freight against risks

Extensive coverage

Protect against risk of liability

Transport Operator Liability Insurance protects your SME against the financial consequences of legal liability from the care, custody and control of third-party property. It also covers cargo liability, warehousemen liability, errors and omissions, loss of documents, breach of authority or regulations relating to import or export and carriage of cargo and more. Get covered for up to S$1 million dollars.

Transport Operator Liability Insurance protects your SME against the financial consequences of legal liability from the care, custody and control of third-party property. It also covers cargo liability, warehousemen liability, errors and omissions, loss of documents, breach of authority or regulations relating to import or export and carriage of cargo and more. Get covered for up to S$1 million dollars.

Freight insurance

Protect against cargo risk

  • If you are moving cargo by sea or air, our Marine Cargo Insurance covers loss or damaged goods transported from point A to point B and the sellers’ potential liability should the buyer have insufficient insurance cover or become insolvent before the seller receives payment.
  • If you are moving cargo by land, our Inland Transit Insurance insures you for the loss or damage of goods whilst in transit. Simply submit your shipment documents.

  • If you are moving cargo by sea or air, our Marine Cargo Insurance covers loss or damaged goods transported from point A to point B and the sellers’ potential liability should the buyer have insufficient insurance cover or become insolvent before the seller receives payment.
  • If you are moving cargo by land, our Inland Transit Insurance insures you for the loss or damage of goods whilst in transit. Simply submit your shipment documents.

Operational insurance

Protect against operational risk

For uninterrupted and worry-free operations, you can minimise damages or losses caused by unforeseen circumstances, such as natural calamities, work related accidents and liabilities. Our General Commercial Insurance covers fire damages, public liability, burglary, loss of money, work injury compensation for your employees and financial damages or losses that may arise from a motor accident.

For uninterrupted and worry-free operations, you can minimise damages or losses caused by unforeseen circumstances, such as natural calamities, work related accidents and liabilities. Our General Commercial Insurance covers fire damages, public liability, burglary, loss of money, work injury compensation for your employees and financial damages or losses that may arise from a motor accident.

Keep drivers on the road and assets moving around the clock to ensure your operations are running smoothly. Get the solutions you need to deliver on time, every time.

Get started now 

Facing a challenge that is unique to the logistics industry?

I need to

Are you making hefty upfront payments to purchase a new fleet, upgrade, expand your existing one or secure parking zones to keep up with increasing demand?

Pick up these solutions to secure a rolling cash flow

Added cash flow flexibility

Manage seasonal payments and scale flexibly

Secure funding to take on unplanned trips to transport goods. Enjoy a preferential rate and pay only for the amount you use.

Secure funding to take on unplanned trips to transport goods. Enjoy a preferential rate and pay only for the amount you use.

Shorter turnaround

Shorten your payment cycles

Convert your unpaid invoices into cash and get funding within 1 day. With a short wait time to access these funds, you can refuel your fleet and scale your business faster.

Convert your unpaid invoices into cash and get funding within 1 day. With a short wait time to access these funds, you can refuel your fleet and scale your business faster.

Greener business model

Lower your cost to ‘green’ your fleet

Your sustainability efforts will set the stage to lower carbon emissions due to the major role that transportation businesses play in maintaining the supply chain. Go green and enjoy preferential rates when you purchase sustainable vehicles, equipment or machinery.

Your sustainability efforts will set the stage to lower carbon emissions due to the major role that transportation businesses play in maintaining the supply chain. Go green and enjoy preferential rates when you purchase sustainable vehicles, equipment or machinery.

Facing high costs when you make cross-border payments or the need to collect cash on delivery from your customers and deposit them securely?

Pick up these solutions to expedite your payments and collections

Currency conversion

Save more on cross-border payments

Enjoy a flat fee of S$28 for overseas telegraphic transfers. Plus send international payments at a preferential foreign exchange rate with FX Online. T&Cs apply.

Enjoy a flat fee of S$28 for overseas telegraphic transfers. Plus send international payments at a preferential foreign exchange rate with FX Online. T&Cs apply.

Digital payment collection

Skip the hassle of collecting cash

Go digital and receive payments instantly in your business account for free and reconcile transactions with OCBC OneCollect. T&Cs apply.

Go digital and receive payments instantly in your business account for free and reconcile transactions with OCBC OneCollect. T&Cs apply.

Business deposit card

Deposit cash securely and conveniently

If you still need to collect cash, simply deposit your drivers’ cash takings at any OCBC ATM securely with a Business Deposit Card and save on counter transaction and cash deposit fees.

If you still need to collect cash, simply deposit your drivers’ cash takings at any OCBC ATM securely with a Business Deposit Card and save on counter transaction and cash deposit fees.

Experiencing driver shortages, lack of visibility in your fleet operations or higher fuel costs?

Pick up these solutions to make more deliveries in less time

Online fleet tracking solution

Automate your fleet with GPS tracking

Go digital and get real-time vehicle and GPS tracking solutions to monitor and manage your staff and vehicles. Stay in control wherever you are with fleet management systems that provide increased visibility across your fleet and route optimisation capabilities. We are here to support you with the right systems to maximise your business resources and optimise driver routes to reduce fuel consumption and carbon emissions.

Go digital and get real-time vehicle and GPS tracking solutions to monitor and manage your staff and vehicles. Stay in control wherever you are with fleet management systems that provide increased visibility across your fleet and route optimisation capabilities. We are here to support you with the right systems to maximise your business resources and optimise driver routes to reduce fuel consumption and carbon emissions.

Face difficulty in managing risks to protect your goods against accidental damage during its journey before it reaches the end consumer? Get a peace of mind with the comprehensive coverage we offer.

Pick up these solutions to protect your goods against risks

Extensive coverage

Protect against risk of liability

Specially designed for Freight Forwarders, Transport Operator Liability Insurance protects your SME against the financial consequences of legal liability from the care, custody and control of third-party property. It also covers cargo liability, warehousemen liability, errors and omissions, loss of documents, breach of authority or regulations relating to import or export and carriage of cargo and more. Get covered for up to S$1 million dollars.

Specially designed for Freight Forwarders, Transport Operator Liability Insurance protects your SME against the financial consequences of legal liability from the care, custody and control of third-party property. It also covers cargo liability, warehousemen liability, errors and omissions, loss of documents, breach of authority or regulations relating to import or export and carriage of cargo and more. Get covered for up to S$1 million dollars.

Freight insurance

Protect against cargo risk

  • If you are moving cargo by sea or air, our Marine Cargo Insurance covers loss or damaged goods transported from point A to point B and the sellers’ potential liability should the buyer have insufficient insurance cover or become insolvent before the seller receives payment.
  • If you are moving cargo by land, our Inland Transit Insurance insures you for the loss or damage of goods whilst in transit. Simply submit your shipment documents.

  • If you are moving cargo by sea or air, our Marine Cargo Insurance covers loss or damaged goods transported from point A to point B and the sellers’ potential liability should the buyer have insufficient insurance cover or become insolvent before the seller receives payment.
  • If you are moving cargo by land, our Inland Transit Insurance insures you for the loss or damage of goods whilst in transit. Simply submit your shipment documents.

Operational insurance

Protect against operational risk

For uninterrupted and worry-free operations, you can minimise damages and/or losses caused by unforeseen circumstances, such as natural calamities, work related accidents and liabilities. Our General Commercial Insurance covers fire damages, public liability, loss of money, work injury compensation for your employees and financial damages or losses that may arise from a motor accident.

For uninterrupted and worry-free operations, you can minimise damages and/or losses caused by unforeseen circumstances, such as natural calamities, work related accidents and liabilities. Our General Commercial Insurance covers fire damages, public liability, loss of money, work injury compensation for your employees and financial damages or losses that may arise from a motor accident.

When speed and accuracy are critical to customer satisfaction, smart warehouse logistics is the key to fulfilling orders faster than ever before. Supercharge your warehousing and fulfilment with solutions that help boost productivity, efficiency and agility to quickly meet ever-changing customer demands.

Get started now 

Facing a challenge that is unique to the logistics industry?

I need to

Require funds to invest in the right warehouse spaces and equipment to keep your goods flowing through the supply chain, to minimise downtime and to ensure high availability levels for your inventory?

Pick up these solutions to secure a rolling cash flow

Rental bonds in place of cash

Secure your warehouse with rental bonds

Security deposit is necessary as a safeguard when it comes to leasing a warehouse. Avoid having to make hefty security deposits to landlords with our rental bonds.

Security deposit is necessary as a safeguard when it comes to leasing a warehouse. Avoid having to make hefty security deposits to landlords with our rental bonds.

Greener business model

‘Green’ your warehouse and save on your mortgage loan

Warehouses produce environmental pollution mostly from heating, cooling, and lighting. If you are purchasing a warehouse that connects to your sourcing areas to optimise the flow of goods or to expand your business, go green and enjoy lower rates when you purchase and retrofit your property for energy efficiency.

Warehouses produce environmental pollution mostly from heating, cooling, and lighting. If you are purchasing a warehouse that connects to your sourcing areas to optimise the flow of goods or to expand your business, go green and enjoy lower rates when you purchase and retrofit your property for energy efficiency.

Lower costs

Upgrade your warehouse equipment and enjoy cost savings

Ensure that business-critical operations in your warehouse are able to meet increasing customer demands. Secure financing to invest in new technologies with minimal capital outlay to improve productivity and lessen labour burden. Enjoy preferential rates on sustainable alternatives.

Ensure that business-critical operations in your warehouse are able to meet increasing customer demands. Secure financing to invest in new technologies with minimal capital outlay to improve productivity and lessen labour burden. Enjoy preferential rates on sustainable alternatives.

Incurring high fees when you make cross-border payments or need to collect cash from your delivery drivers or warehouse operators?

Pick up these solutions to expedite your payments and collections

Currency conversion

Save more on cross-border payments

Enjoy a flat fee of S$28 for overseas telegraphic transfers. Plus send and receive international payments at a preferential foreign exchange rate. T&Cs apply.

Enjoy a flat fee of S$28 for overseas telegraphic transfers. Plus send and receive international payments at a preferential foreign exchange rate. T&Cs apply.

Digital payment collection

Skip the hassle of collecting cash

Go digital and receive payments instantly in your business account for free and reconcile transactions with OCBC OneCollect. T&Cs apply.

Go digital and receive payments instantly in your business account for free and reconcile transactions with OCBC OneCollect. T&Cs apply.

Business deposit card

Deposit cash securely and conveniently

If you still need to collect cash, simply deposit your drivers’ cash takings at any OCBC ATM securely with a Business Deposit Card and save on counter transaction and cash deposit fees.

If you still need to collect cash, simply deposit your drivers’ cash takings at any OCBC ATM securely with a Business Deposit Card and save on counter transaction and cash deposit fees.

Face planning and setup issues that cause your warehouse operations to be prone to order errors, long order-delivery cycles or labour shortages? In the context of Industry 4.0, the Internet of Things and logistics automation, the pressures to digitally transform your business are rising.

Increased efficiency

Automate your warehouse to reduce inventory errors and boost performance

From receiving to picking, staging, and loading, we provide you with advice on the right warehouse management system that can help to drive automation and efficiency for your business with real-time transaction processing, optimised storage, selection strategies, directed task management and more.

From receiving to picking, staging, and loading, we provide you with advice on the right warehouse management system that can help to drive automation and efficiency for your business with real-time transaction processing, optimised storage, selection strategies, directed task management and more.

Warehouses are prone to risks like fire or water damage. Facing challenges in managing risks and storing your inventory safely? Get peace of mind that your warehouse premises, equipment and inventory are protected against damage or breakdowns.

Pick up these solutions to drive your business ahead

Extensive coverage

Protect against risk of liability

Transport Operator Liability Insurance protects your SME against the financial consequences of legal liability from the care, custody and control of third-party property. It also covers cargo liability, warehousemen liability, errors and omissions, loss of documents, breach of authority or regulations relating to import or export and carriage of cargo and more. Get covered for up to S$1 million dollars.

Transport Operator Liability Insurance protects your SME against the financial consequences of legal liability from the care, custody and control of third-party property. It also covers cargo liability, warehousemen liability, errors and omissions, loss of documents, breach of authority or regulations relating to import or export and carriage of cargo and more. Get covered for up to S$1 million dollars.

Freight insurance

Protect against cargo risk

If you are moving cargo by land, our Inland Transit Insurance insures you for the loss or damage of goods whilst in transit. Simply submit your shipment documents.

If you are moving cargo by land, our Inland Transit Insurance insures you for the loss or damage of goods whilst in transit. Simply submit your shipment documents.

Operational insurance

Protect against operational risk

For uninterrupted and worry-free operations, you can minimise damages or losses caused by unforeseen circumstances, such as natural calamities, work related accidents and liabilities. Our General Commercial Insurance covers fire damages, public liability, burglary, loss of money, work injury compensation for your employees and financial damages or losses that may arise from a motor accident.

For uninterrupted and worry-free operations, you can minimise damages or losses caused by unforeseen circumstances, such as natural calamities, work related accidents and liabilities. Our General Commercial Insurance covers fire damages, public liability, burglary, loss of money, work injury compensation for your employees and financial damages or losses that may arise from a motor accident.

Solution Recommender

Find the right solutions to transform your logistics SME

We have a wide range of solutions that can be tailored to your business.
Use our solution finder below to find solutions that best suit your business needs.

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Your recommended solution(s)

At OCBC, we offer holistic solutions to help your logistics SME streamline business operations, manage your cash flow better and capitalise on new growth opportunities to be even more competitive.

Hear from our customers

Discover why logistics SMEs like you have chosen OCBC to help them start, run and grow their businesses.

Transworld Group Singapore

Its strong team, regional focus and ability to stay nimble have helped Transworld Group Singapore weather some storms over the years – and they are thriving. Hear from their Chairman and CEO Mr.​ Mahesh Sivaswamy.

Access our dedicated logistics specialists team

Considering a merger and acquisition or regional expansion? Be it now or for the future, our logistics specialists are ready to provide customised and strategic advisory to facilitate your growth objectives.

Access in-country advisory and financing through our extensive regional network to facilitate your regional business expansion.

Get started now 

Driving towards sustainable logistics

The transport and logistics sector generates 14.8% of Singapore’s carbon emissions and is the third largest contributor to pollution. Let us support you in contributing towards a net zero future.

Regardless of which logistics sub-sector your business is operating in, our innovative sustainable logistics solutions can help your business make a positive impact on the planet while maintaining a competitive advantage.

Sustainable solutions for transportation and more in logistics
Our role in your journey
Performance of the transport and logistics industry

The OCBC SME Index* is a high-frequency index measuring the business health and performance of SMEs. Transport & Logistics continued its expansion at 51.4 for a 6th consecutive quarter as collections rose 33% YoY. The industry continues to be driven by robust growth in Logistics which registered a strong reading of 54.1, lifted by growth in trade and e-commerce as collections rose significantly by 67% YoY.

No matter which sub-sector your business is operating in, we are here to support you to meet customers’ needs from one end of the supply chain to the other.

Recent industry performance


*OCBC SME Index is centered on a score of 50, which represents zero change in the inputs from a year ago. A reading above 50 indicates improved activity, while a reading below 50 indicates a deterioration relative to the same period a year ago.