SME Working Capital Loan - Collateral-Free | OCBC Business Banking SG

SME Working Capital Loan

A government-assisted SME loan for your business needs

Why you will love this

Collateral-free* business loan for SMEs

Offered under Enterprise Singapore’s Working Capital Loan

Loan amount up to S$1,000,000

Who can apply

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

At least 30% Singaporean or PR shareholding

Group annual sales of ≤ S$100m or group employment size ≤ 200^

Fulfil your cash flow needs or business expansion plans with access to working capital through government-assisted SME funding.

Features and benefits
Working Capital Loan Moneybag Icon

Get financing of up to S$1,000,000, repaid over 5 years

Working Capital Loan Money Notes Icon

Full disbursement of funds at the start

Working Capital Loan No Redemption Fee Icon

No early redemption fees

LOAN APPROVAL IN MINUTES

Be minutes away from fulfilling your business ambitions with OCBC Business Loan. Apply using MyInfo and get to success the simple, fast, and convenient way.

Before you apply

Eligibility requirements

Business registration
The company must be incorporated in Singapore for at least 2 years
Business ownership
At least 30% owned by Singaporean or Singapore PR
Turnover
Group annual sales of up to S$100m or group employment size of not more than 200^

Terms and conditions

Collateral-free
*Terms and conditions apply. OCBC bank requires guarantor(s) to support the loan.
Turnover
^Annual sales turnover and employment size will be computed on a group basis (i.e. All levels up for corporate shareholders holding > 50% of total shareholding of the applicant company and any subsequent corporate parents, and subsidiaries all levels down)

Ready to apply?

Get your SME Working Capital Loan today with us

FAQS
Common questions
What are my monthly instalments?
You can use our Business Loan Calculator to view your indicative monthly instalments based on the principal amount, tenor and effective interest rate.
How long does the application process take?
The loan application process takes less than 5 minutes when you connect to MyInfo or MyInfo Business. The loan amount approval can be granted within 1 business day.
Which financing products are suitable for my business?
Check out our loan recommender for your loan suitability or explore other financing products.
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^Annual sales turnover and employment size will be computed on a group basis (i.e. All levels up for corporate shareholders holding > 50% of total shareholding of the applicant company and any subsequent corporate parents, and subsidiaries all levels down)