Business Revolving Short Term loan

A flexible loan that helps you save more

6 or 12 months

repayment periods

Borrow up to

$200,000

with

no early repayment fee

Eligibility

  • For businesses registered and based in Singapore that are at least 2 years old
  • At least 30% owned by Singaporean or Singapore PR
  • Guarantors are required to have a minimum income of S$24,000 per annum
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About the Business Revolving Short Term Loan

It's our most flexible loan that allows you draw, repay and redraw any number of times, all at your convenience so that you can seize every business opportunity.


1

Draw from your facility limit at any time with a minimum amount of S$10,000

2

Repay what you've drawn with equal monthly instalments over the selected repayment period

3

Redraw from your available facility limit as the loan gets repaid

Why choose this loan

  • Flexible re-borrowing and repayment
  • Ready cash at your convenience, use only what you need
  • Save on interest, pay only what you use
  • Better cashflow management with equal monthly instalments
  • No fee for full repayment

Application Process

2

Prepare the following documents for faster processing


  • NRIC or passport copy of all directors/ partners/ sole proprietor/ guarantors ('Principals')
  • IRAS Notice of Assessment of all Principals for the last 2 years
  • Financial statements for the last 2 years
  • Operating bank statements with other banks for the last 6 months

3

Hear from us within 1 day


  • We will inform you of the status of your application
  • Arrange to meet you to finalise the application

Drawdown process (for existing customers)

1

Click Here to send us your drawdown request

2

Receive your funds within 3 working days


If you would like to have multiple drawdowns, you may indicate your requests in the same email.

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Our awards and accolades

Asia's Best Bank for SMEs 2019

Euromoney

Asean SME Bank of the Year 2019

Asian Banking & Finance

Important Notices

Should there be any discrepancies found in the withdrawal instructions, the bank will contact the Borrower within the next 24 hours.

Disbursement is subject to the Bank's approval. Terms and Conditions apply.