UOB Business Loan

  • Get fast access to a larger loan. No collaterals needed.Get fast access to a larger loan. No collaterals needed.

    Get fast access to a larger loan. No collaterals needed.

    Secure up to $1million | Fast response within one day*

    Apply Now

    *Terms & Conditions apply.

  • Temporary Bridging Loan for all affected businesses Temporary Bridging Loan for all affected businesses

    Temporary Bridging Loan for all affected businesses

    One-day response rate*

    Apply Now

    *Terms & Conditions apply.

UOB Business Loan

We are committed to supporting you and your business during these tough times. Improve your cash flow with these loan schemes announced at the Resilience and Solidarity Budget 2020.

Enhanced Working Capital Loan

- Secure financing of up to S$1 million
- Enjoy preferential low interest rates
- Repayment period of up to 5 years
- Option to service interest only for a fixed period of time

 

Temporary Bridging Loan
(now expanded to include all businesses)

- Enjoy preferential low interest rates
- Repayment period of up to 5 years
- Option to service interest only for a fixed period of time

 

Loan Installment Calculator

Use this calculator to find out the indicative monthly installment payment of your UOB Business Loan.
 
Loan Amount
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Tenure(up to 30 years)
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Repayment summary

Please enter the loan information to continue.

There would be an estimate repayment of

4,553(Effective Interest Rate of x.xx%)

To assist you in your planning, we are pleased to provide you with a loan repayment schedule for your working capital needs. For more details, visit any of our UOB branches or request a callback from us.

 

Eligibility and FAQ

Eligibility

 

  • Sole Proprietor, Partnership or Private Limited Company
  • Minimum 3 years in business
  • Registered and operating in Singapore
  • At least 30% local shareholding1
  • Company's group annual sales of not more than S$100 million OR company's group employment size of not more than 2001 2

1Only applicable to SME Working Capital Loan

2Annual 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).

 

FAQs

UOB Business Loan is a bundled loan facilities which combines SME Working Capital Loan, Temporary Bridging Loan (offered jointly by Enterprise Singapore) and UOB BizMoney.

The UOB Business Loan aims to help SMEs expand their business and gain access to working capital financing to support their day-to-day business operations.

The UOB Business Loan is most suited for businesses looking to expand their business and therefore require additional funds in their daily operations. SMEs with the need to automate or upgrade their factories and equipment can also benefit from this loan.

SME Working Capital Loan is an Enterprise Singapore initiatives to help local small businesses gain unsecured working capital financing under the Enterprise Financing Scheme (EFS).

Under Enterprise Singapore SME Working Capital Loan scheme, local enterprises can get access to working capital loan if they meet the following criteria:

  • Company registered and operating in Singapore
  • At least 30% local shareholding
  • Group annual sales of ≤ S$100m or group employment size ≤ 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)

With effect from 29th October2019, SME Micro Loan has been subsumed under SME Working Capital Loan under the new Enterprise Financing Scheme (EFS).

Announced in Budget 2020, Temporary Bridging Loan is an Enterprise Singapore initiatives to help local small businesses gain unsecured working capital financing under the Enterprise Financing Scheme (EFS).

Under the Temporary Bridging Loan Programme, local enterprises can get access to working capital loan if they meet the following criteria:

  • Company registered and operating in Singapore
  • At least 30% local shareholding

You may use our UOB Business Loan Installment Calculator to find out the indicative monthly installment payment of UOB Business Loan.

UOB business loan consists of UOB BizMoney, SME Working Capital Loan and Temporary Bridging Loan and you may apply for any of them. The respective terms and conditions governing BizMoney, SME Working Capital Loan and Temporary Bridging Loan apply and are contained in the application form and other offer documents, including the facility letter.

~Information is accurate as of 08 May 2017

#Personal guarantees may be required.

^For enquiries that reach UOB within the Stipulated Timing, we will contact you by the next Business Day with an indicative loan amount that you may apply for. “Business Day” is defined as Mondays to Fridays (Singapore date and time, and excluding Singapore and bank public holidays). “Stipulated Timing” is defined as 8am to 8pm from Mondays to Saturdays (Singapore date and time, and excluding Singapore and bank public holidays). For enquiries that reach UOB at times other than the Stipulated Timing, we will contact you within two Business Days after UOB receives your enquiries, with an indicative loan amount that you may apply for. Full product terms and conditions apply. The quote of the indicative loan amount is based on the information provided by the customer and does not constitute an offer, an invitation to offer, a solicitation or recommendation to enter into or conclude any transaction, and the quote of the indicative loan amount is not a contractual agreement by UOB to provide the UOB business loan or any other products/ services to the customer. Accordingly, the actual approval of the UOB business loan application is subject to the submission of the required full and complete documentation as UOB may so require at its discretion and UOB’s credit assessment. UOB has the absolute right and discretion to decide, for whatever reason and without prior notice and without being liable to any person, whether to approve the customer’s application for the UOB business loan and whether (i) to grant (or not to grant) the customer the amount of the UOB business loan requested for in the customer’s application form; or (ii) to grant the customer a lower amount from the amount of the indicative loan amount quoted or from the amount of the UOB business loan requested for in the customer’s application form. Visit uob.com.sg/businessloan for more information.

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