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Business Banking > Loans > Loan Insurance Scheme 3

Loan Insurance Scheme 3
Another innovative access to funding, to help grow your business

The Loan Insurance Scheme 3 (LIS 3) 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 every application, a 0.75% insurance premium is required from the applicant.

Types of Loans
The financing facilities include the following (find out more about eligibility for LIS3 facilities):

Loan Type
Maximum Quantum Financed
Maximum 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
Overseas Working Capital Loans Support Facility via Standby Letter of Credit/inter-branch cover letter Up to 100% of the aggregate amount of overseas trade related working capital loans facility limit granted by financial institutions outside of Singapore

Apply Now
If you would like to apply for the Loan Insurance Scheme, please visit:

Business Banking
80 Raffles Place
#11-00 UOB Plaza 1
Singapore 048624

Or: UOB Business Development Group

Alternatively, you may download, print and submit this application form (PDF: 78KB).

For overseas subsidiary, please download this application form (PDF: 82KB).

You can send it to us at the following address:

United Overseas Bank Limited
Business Banking
80 Raffles Place
#11-00 UOB Plaza 1
Singapore 048624

Contact Us
For queries or comments, please:

  • Call Business Banking Hotline at (65) 6539 5656
  • Fax to us at (65) 6534 3670
  • Email us

Eligibility Criteria
(a) for domestic facilities must fulfill the domestic facilities criteria.
(b) for export-oriented facilities must fulfill the export-oriented facilities criteria.
(c) for domestic and export-oriented facilities must fulfill both the domestic facilities
     criteria and the export-oriented facilities criteria.

  • Domestic Facilities
    (refers to facilities for purchases with Singapore as the end destination)
    • At least 30% of shareholding is local
    • Companys group fixed assets are up to S$15 million
    • No more than 200 employees (for companies in the services sector)
  • Export-oriented facilities
    (refers to facilities for purchases with Singapore not being the end destination)
    • Singapore-based company with at least 3 HQs functions in Singapore:
      a) market/ business planning/ development or/ and sales management
      b) investment planning and coordination functions
      c) banking, financial and treasury functions
      d) logistics and shipping management
      e) R&D or design functions
      f) manufacturing functions
    • Turnover Requirements:
      For applicant listed on SGX and not engaged in trading business
      Total group turnover up to S$100,000,000

      For applicant listed on SGX and engaged in trading business (has >50% of turnover derived from trading)
      Total group turnover up to S$200,000,000

      For applicant not listed on SGX and not engaged in trading business
      Total group turnover up to S$200,000,000

      For applicant not listed on SGX and engaged in trading business (has >50% turnover derived from trading)
      Total group turnover up to S$500,000,000
      ** Group turnover = consolidated turnover of the Singapore-based company, its subsidiaries and associated companies

    ** Group turnover = consolidated turnover of the Singapore-based company,
    its subsidiaries and associated companies

    • related subsidiary = corporate entity in which 50% of issued share capital or equity stake held by Singapore parent co
    • related associated co = corporate entity in which at least 20% but less than 50% of the issued share capital or equity stake is held by the Singapore parent co



Copyright © 2008 United Overseas Bank Limited. Company Reg No. 193500026Z. All rights reserved.