LEFS Micro Loan

Our LEFS Micro Loan Scheme is designed to help companies gain access to funding of up to S$100,000, which can be used to meet your working capital needs. With our LEFS Micro Loan Scheme, you can enjoy the following features:

• Loan amounts of up to S$100,000*;
• Monthly instalment plans;
• Tenor of 4 years;
• Enjoy fixed interest rate of 5.5% p.a.; and
• Enjoy peace of mind with 50% co-sharing of risk with SPRING Singapore.

* Subject to company's total Micro Loan exposure up to S$100,000 across all participating financial institutions.

To be eligible for our LEFS Micro Loan Scheme, you need to:

• Be a locally incorporated company with local shareholding of 30% or more;
• Have no more than 10 employees OR an annual turnover of not more than S$1m; and
• Have a group employment size of not more than 200 workers OR a group annual sales turnover of not more than S$100m.

To sign up now, just follow these three easy steps:

       

Current Account

An account that comes with a wide range of Cash Management services.

Overdraft

Gain access to extra funds with UOB Business Overdraft.