Fixed Asset Financing Solutions

  • fixed-asset-financingfixed-asset-financing

    Unlock your business potential with UOB Fixed Asset Financing Solutions

Overview

As a leading player in the Small and Medium Enterprises (SMEs) market, our core strength lies in our ability to combine our knowledge and experience in the SME market with innovative financial solutions to meet our customers’ changing needs. As you make your next capital expenditure to expand your business or to enhance your business capabilities, we can provide the suitable financial solution to achieve your business goals.

At UOB Commercial Banking, we understand that to expand your business or to enhance your business capabilities , companies need to make capital investments. Be it a purchase of equipment / commercial vehicles buying of new land / property for overseas venture or building up your new fleet of vessels, our dedicated team of Product Sales Specialists and Relationship Managers have the expertise to help you efficiently acquire the fixed assets.

Features

2bank

Commercial & Industrial Property loan

Show moreShow less
equipment

Machinery / Equipment financing

Show moreShow less
  • Enjoy Attractive interest rates
  • Higher financing quantum
  • Flexible financing structure ( a combination of overdraft /term loan/ trade facilities is available)

Eligibility

All businesses incorporated in Singapore are eligible to apply.

  • Enjoy competitive interest rates
  • Choice of financing of either hire purchase facility or term loan

Eligibility

All businesses incorporated in Singapore are eligible to apply.

money-going-up

Vessel Financing

Show moreShow less
Commercial Vehicle Financing

Commercial Vehicle Financing

Show moreShow less
  • Flexible financing structure to finance the growth of your fleet
  • Competitive interest rates
  • Customized repayment terms which helps you to manage your cash flow.

Eligibility

All businesses incorporated in Singapore are eligible to apply.

  • High Financing quantum
  • Hire Purchase financing available for commercial vehicle and commercial vehicle with renewed COE
  • Obtain ownership of the vehicle upon fulfilling payment of loan installment

Eligibility

All businesses incorporated in Singapore are eligible to apply.

equipment-loan

SME HP facility / SME Equipment loan / SME Factory loan

(Government assistance scheme
administered by SPRING Singapore)

Show moreShow less

Asset-based financing under Internationalisation Finance Scheme (IFS )

(Government assistance scheme
administered by IE Singapore)

Show moreShow less
  • Financing of up to $15million
  • Loan tenure of up to 8 years for SME HP/ SME equipment loan & 10 years for SME factory loan

Eligibility

  • Company registered & operating in Singapore
  • At least 30% local shareholding
  • Group* annual sales turnover of <=S$100m or groupemployment <= 200

*Group is defined as 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

  • Financing purchase/ construction of factories / buildings / fixed assets ( like machinery / equipment) for overseas use
  • Funding of up to S$30m( on group basis)
  • Loan tenure of up to 6 years for fixed assets & 15 years for factories.

Eligibility

  • Singapore-based company with meaningful business operations and at least 3 strategic business functions* in Singapore.
  • Global Headquarter(HQ)** anchored in Singapore.
  • For non-trading companies, the turnover shall not exceed S$300 million.
  • For trading companies‘, the turnover shall not exceed S$500 million.
  • Singapore-based company with meaningful business operations and at least 3 strategic business functions in Singapore.
  • The overseas business must complement the Singapore company’s core operations and result in economic spin-offs to Singapore


* Strategic business functions refer to activities such as (i)banking & financial, (ii) marketing and business planning, (iii)procurement, logistic, (iv) training & personnel management, (v)investment planning / co-ordination, (vi) R&D and design, (vii)technical support, (viii) manufacturing, and (viiii)other valueadded(VA) activities.

** An entity is considered to have its Global HQ anchored in Singapore where:
1. more than 50% of the Board of Directors are Singaporeans or Permanent Residents of Singapore;
2. the more control and management of the QSE’s ultimate corporate parent (the Parent) is exercised in Singapore;
3. the chief executive officers of the Parent responsible for the global decisions of the Group are based in Singapore; and
4. the Parent’s Board of Directors meeting are held in Singapore

bank-money-2

Pilot Building Retrofit Energy Efficiency Financing Scheme (BREEF)

(Government assistance scheme administered by Building & Construction Authority)

Show moreShow less
  • Financing to offset your upfront capital cost incurred on energy efficiency retrofits of existing buildings that will lead to achieving green mark certified standards.
  • Financing by way of Hire Purchase facility or Machinery term loan
  • Funding up to S$5million
  • Loan tenure of up to 8 years

Eligibility

  • Profile of applicant needs to meet the following:-
  • Building owners, joint owners of non-residential buildings in Singapore;or
  • Management Corporation constituted under the Land Titles (Strata) Act (Chapter 158) for residential or nonresidential building; or
  • Energy Performance Contracting (EPC) firms accredited by the Singapore Green Building Council; or
  • Energy Services Companies (ESCO) accredited by the ESCO Accreditation Committee; or
  • Special Purpose Vehicles (SPV) set up to deliver, perform or provide energy performance improvements for residential or non-residential buildings.

 

Contact Us

If you would like to apply for above financing, please visit any UOB Commercial Banking Hub:

Boon Lay Hub
325 Boon Lay Place #03-00, Singapore 649886
Tel: (65) 6263 0532

Jalan Sultan Hub
100 Jalan Sultan #01-29 Sultan Plaza,
Singapore 199001
Tel: (65) 6296 7452

 

Tai Seng Hub
30 Tai Seng Street #02-07 BreadTalk,
Singapore 534013
Tel: (65) 6282 2480

Tampines Hub
1 Tampines Central 1, #08-01 UOB Tampines,
Singapore 529539
Tel: (65) 6850 8857

 

Thomson Hub
251A-253A Upper Thomson Road, Singapore 574376
Tel: (65) 6456 2183

Alternative you may wise to visit any UOB Group Branch.

 

More Information

For Queries or Comments
Please Call our Commercial Banking Hotline 1800 22 66 121

or email us at CommercialBanking@uobgroup.com