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Loan Insurance Scheme

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The Loan Insurance Scheme 4 (LIS 4) provides an alternative access to funding for local enterprises through the use of loan insurance. Under this scheme, the Bank can help local enterprises package attractive loan facilities to meet their working capital and expansion needs.

For each application, the total insurance premium is to be determined by the insurer based on the profile of borrower (Singapore Government provides premium support of 50%).

Types of Loans

The financing facilities include the following:

Loan TypeMaximum Quantum FinancedMaximum Repayment Period
Inventory / Stock Financing Facility Up to 100% of the Purchase Price
1 year
Structured Pre-delivery Working Capital Facility Up to 100% of Letters of Credit received or of Confirmed Sales Order
Accounts Receivable Financing Facility Up to 100% of Invoice Value
Banker's Guarantee(Tied to Project Financing) Up to 100% of Banker's Guarantee Value
Overseas Working Capital Loans Support Facilities via Standby Letter of Credit Up to 100% of the SBLC or credit facilities made by UOB through its inter-branch cover letter

Eligibility

Qualifying Criteria for Domestic Facilities:
(refers to facilities for purchases with Singapore as the end destination)

  • At least 30% of shareholding is local
  • Company's Group Annual Sales of not more than S$100 million OR company's Group Employment Size of not more than 200*

    *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)

Qualifying Criteria for Export-oriented Facilities:
(refers to facilities for purchases with Singapore not being the end destination)

  • Singapore-based company with at least 3 strategic business functions in Singapore:
    a) Banking & financial
    b) Marketing & business planning
    c) Procurement/ logistics
    d) Training & personnel management
    e) Investment planning/coordination
    f) Research & Development, technical support & manufacturing
  • Group Turnover cap:
    a) Non Trading companies: ≤ S$300m
    b) Trading companies: ≤ S$500m

Qualifying Criteria for Domestic and Export-oriented Facilities:

  • Must fulfill both the domestic facilities criteria and the export-oriented facilities criteria.

Apply Now

  • Download, and complete an application form (PDF: 370KB).
  • In addition, for Overseas Working Capital Loans applications, please complete the supplement form
  • Mail completed form to:

    United Overseas Bank Ltd
    Enterprise Banking
    80 Raffles Place
    #12-00 UOB Plaza 1
    Singapore 048624

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