Business First Loan

The quickest and most hassle-free business loan for start-ups

The quickest and most hassle-free business loan for start-ups

Collateral free* micro loan of up to

With only
3 Steps


  • Business is registered and operating in Singapore between 6 months and 2 years
  • At least 30% owned by Singaporean or Singapore PR
  • No more than 10 employees or annual turnover not exceeding S$1 million
  • At least 1 guarantor must be Singaporean or Singapore PR, aged between 21 and 62
  • Additional eligibility criteria may apply
Apply Online Now

Why choose Business First Loan

The Business First Loan is a collateral-freeA collateral-free loan means you do not need to pledge any assets as repayment for your loan, but there must be a guarantor to support the loan in the event of non-repayment. loan offered under Enterprise Singapore’s SME Micro Loan Programme. It is designed for new businesses and start-ups to get funds in the quickest and most hassle-free way, with a flexible repayment period of up to 4 years.

Read on to find out more.


Hassle-free Business Loan for SMEs in Singapore

Less paperwork, Zero legwork

Unlike most business loans for startups, you do not need to submit business proposals nor financial statements. Our Business Development Managers will also do the legwork by meeting you at your convenience. This means that you can focus less time on paperwork and more time on your business.

Get a response to your application in 1 day

We take only 1 business day to process and respond to you on your loan eligibility once we have all the necessary documentation needed. Our Business Development Manager will assist you at every step of the process.

Fast Business Loan for SMEs in Singapore
Business Micro Loan for SMEs in Singapore

Get advice whenever needed

Taking your first loan can be a daunting experience. Our Business Development Managers will be glad to talk to you so that you can plan ahead and make confident business decisions.

3 Step Application Process

1 Inform us of your interest

Contact us via any of the three ways:

2 Prepare all necessary documents and submit them online
  • A photocopy of your NRIC/Passport
  • Latest year’s Notice of Assessment
  • Latest month’s Company bank account statement
  • Completed Consent Form
3 Sign your loan agreement

We will inform you of your loan eligibility and if you wish to proceed, your Business Development Manager will finalise your application. Once your loan has been approved, you will receive the funds in 3 to 5 business days

How to apply?

You may also be interested in

Equipment & Machinery Financing
equipment and machinery financing
  • Financing of up to 90% of valuation or purchase price
  • Flexible repayment period
  • For both new and used equipment

Find Out More

Our awards and accolades

Best Bank for SMEs - Euromoney
Asia's Best Bank for SMEs

Euromoney 2016 – 2017

Best Bank for SMEs - Asiamoney
Best Bank for SMEs in Singapore

Asiamoney 2017

ASEAN SME Bank of the Year
ASEAN SME Bank of the Year

Asian Banking & Finance 2011 – 2018

ASEAN SME Bank of the Year
Best SME Bank in Southeast Asia

Alpha Southeast Asia 2015 – 2018

Best SME Bank in Singapore

Alpha Southeast Asia 2010, 2012 – 2018

Important Notices

Terms and conditions apply.

*OCBC bank requires guarantor(s) to support the loan.