Machinery and Equipment Financing | OCBC Business Banking SG
Equipment and machinery financing

Equipment & Machinery Loan

Finance your equipment purchase and grow your business

Equipment and machinery financing
Why you will love this

Finance up to 90% of the valuation or purchase price

Tap on a government-assisted scheme if you wish

Choose a repayment period of up to 8 years

Who can apply

Any company incorporated in Singapore for at least 2 years

At least 30% of the company must be owned by Singapore citizens or Permanent Residents

Tap into tomorrow's technologies to fuel your business growth.

Invest in new equipment and machinery to improve your business’ operational efficiency and production capacity, while protecting the environment for future generations. Secure attractive rates across a wide range of equipment and machinery today!

Features and benefits

Minimise upfront capital outlay

Finance up to 90% of the purchase price or market valuation.

Finance up to 90% of the purchase price or market valuation.

Get approval within 48 hours

T&Cs apply.

T&Cs apply.

Opt for a Green E&M Loan

Enjoy lower rates on sustainable equipment and machinery.

Enjoy lower rates on sustainable equipment and machinery.

Financeable equipment and machinery

Standard assets

Buy new or used assets to keep your business running smoothly and growing in line with your plans.
Fund a wide range of equipment across various industries including:

  1. Engineering, Manufacturing and Construction (forklifts, excavators, food processors, robotic and precision engineering machinery)
  2. Medical, Biotech and Scientific (dental, ultrasound, X-ray, aesthetic machines, lab equipment)
  3. Logistics (material handling equipment and heavy goods vehicles)
Apply now

Sustainable assets

Enjoy lower rates on your sustainable assets that contribute to a greener economy.
Fund a wide range of sustainable equipment. Popular ones include:

  1. Electric forklifts and reach trucks
  2. Electric trucks and buses
  3. Waste compactors, granulators and sorting machines for recycling industries
Apply now

How much financing you can get

Find out how much you can borrow based on your equipment and machinery purchase price, loan amount and tenure using our OCBC loan calculator.

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S$0
S$72,000
1 years
8 years
3%
5%

Estimated monthly instalment

S$0

Enquire online

^The effective interest rate refers to the interest rate that is adjusted for compounding over a given period.

Disclaimer / Important Notice
This is not a financing offer from OCBC Bank. The computations shown are based on the information provided by you. These computations are intended to give an indication of repayment information based on certain loan parameters, and are provided solely for reference only. Actual interest rates may differ and may be higher than what is shown here. We hereby disclaim any responsibility for any errors or omissions in the computations or past transaction values reflected. OCBC Bank will not under any circumstances accept responsibility or liability for any losses that may arise from a decision that you may make as a result of relying on the computations and/or past transaction values reflected. For the applicable terms and conditions of any financing offer made to you by OCBC Bank, please refer to the relevant Letter(s) of Offer issued.

How it works

Step 1

Apply online

Step 2

Review and sign your loan offer

Step 3

Receive your equipment and we’ll pay your supplier directly

Before you apply

Eligibility requirements

Business registration

The company must be incorporated in Singapore for at least 2 years

Business ownership

At least 30% of the company must be owned by Singapore citizens or Permanent Residents


Terms and conditions

* Loan approval within 48 hours is subject to the relevant terms and conditions, a satisfactory credit assessment and all forms and supporting documents having been duly completed and submitted. Please note that delays or non-approvals of applications may occur for various reasons.

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