|
Micro Loan Scheme
This is a scheme designed to help small companies gain access to funding. More...
Types of LEFS Loans
Financing of up to S$15 million, at a fixed interest rate, is available in a wide range of financing packages (click here to find out more about eligibility for LEFS loans):
- Machinery Term Loan
- Hire Purchase
- Factory Term Loan
|
Tenure |
Interest Rate |
|
| 1 to 4 years |
6.25% p.a. |
Factory & Machinery term Loans and Hire Purchase |
| 5 to 10 years |
6.75% p.a. |
Factory & Machinery term Loans (maximum tenure for Machinery term Loans is 8 years) |
|
|
|
For Machinery Financing:
- up to 4 years
- above 4 years |
90%
70%
|
|
For financing of Factory up to 10 years |
|
Work out your monthly instalments with our LEFS Calculator.
Apply Now
To be eligible for LEFS, your business must be incorporated in Singapore and meet the following requirements:
- Have at least 30% local shareholdings.
- Be a manufacturing-related or service enterprise employing not more than 200 workers.
- Have fixed asset investment value (defined as net book value of factory building, machinery and equipment) of not more than S$15 million.
If you would like to apply for LEFS, please visit any UOB Business Development Group or UOB Group Branch.
Please note that supporting documents may be required to process the applications on a case-by-case basis.
Alternatively, you can download, print and submit the application form.
You can send it to us at the following address:
United Overseas Bank Ltd
80 Raffles Place
#11-00 UOB Plaza 1
Singapore 048624
Contact Us
For queries or comments about any of the three schemes above, please:
|
