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Types of RFS Loans
The RFS loan can be used for one or more of the following purposes associated with overseas investment:
- Purchase of machinery and equipment
- Purchase or construction of industrial facilities
The acquisition of the above assets must be for overseas projects that will generate economic spin-offs to Singapore.
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Tenure
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Interest Rate
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| 1 - 4 years |
6.25% p.a. |
Factory & Machinery term loans
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| 5 - 10 years |
6.75% p.a. |
Factory loans
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Apply Now
To be eligible for RFS, your business must meet the following requirements:
- Company must be Singapore-based
- Be involved in:
- overseas manufacturing and assembly operations or supporting services related to manufacturing and assembly operations in Singapore
OR
- the service sector (including trading companies)
- Have turnover not exceeding S$100 million. For trading companies, turnover shall not exceed S$200 million
Maximum loan quantum is 90% of valuation or purchase price, whichever is lower.
If you would like to apply for RFS, please visit any UOB Group Regional Centre or UOB Group Branch.
Contact Us
For queries or comments about any of the three schemes above, please:
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