Financing for Businesses

To help simplify access to sustainable financing for companies looking to build resilient businesses, we have in place sustainable finance umbrella frameworks that are aligned to internationally-recognised standards, principles and guidelines, including the Loan Market Association/Asia Pacific Loan Market Association Green Loan Principles and Sustainability Linked Loan Principles. These frameworks, which obtained independent second-party opinions, set out the eligible projects or activities that qualify for green and sustainability-linked loans and bonds, trade finance and other retail banking products.

The frameworks are also supported by the Monetary Authority of Singapore's Green and Sustainability-Linked Loans Grant Scheme.

Launched in 2019, U-Solar is Asia’s first integrated financing platform that connects businesses and individuals to service providers to drive the development and adoption of solar power. Available in Indonesia, Malaysia, Singapore and Thailand, U-Solar simplifies access to sustainable financing for solar project developers, engineering, procurement and construction contractors, and leading equipment suppliers. Residential, commercial and industrial end-users can also take up financing solutions for solar panel installations and maintenance.

Launched in 2020, U-Energy is Asia’s first integrated financing platform that drives the development and adoption of energy efficiency projects for buildings and homes. Available in Indonesia, Malaysia, Singapore and Thailand, U-Energy connects energy service companies (ESCOs) across the region with end-customers to offer solutions for common energy efficiency projects. With our flexible green financing options, building owners can opt for a direct purchase or the ‘energy-as-a-service’ model. For homeowners, UOB offers a zero per cent interest instalment plan of up to three years when UOB credit cards are used as the mode of payment for their energy efficiency retrofitting projects.

Launched in 2021, U-Drive is our integrated green financing solution for the electric vehicle (EV) ecosystem. It connects the EV value chain – from automotive brand owners, dealers and EV charging infrastructure providers to end-users, helping to drive the development and adoption of green transportation. Available in Singapore and Thailand, U-Drive provides a comprehensive range of green banking facilities, including term loans, trade financing, dealer stock financing and end-user financing of EVs and charging equipment. Beyond financing, we also offer foreign direct investment advisory to EV original equipment manufacturers seeking to expand into ASEAN, as well as work with dealers and charging infrastructure providers to offer exclusive packages to end-customers.

Launched in 2023, U-Build is Asia’s first integrated green building financing platform. Currently available in Singapore, U-Build provides green and sustainable financing solutions to building owners, developers, contractors and suppliers, to support the sustainability agenda of homeowners, businesses and regional governments. Clients can also tap on the Sustainable Finance Framework for Green Building Developers and Owners or our other ecosystem solutions to reduce their buildings’ operating expenses, in turn achieving uplift to net property income and asset valuation. Homeowners in Singapore purchasing a Green Mark property certified by the Building and Construction Authority Singapore (BCA) will also be able to apply for the UOB Go Green Home Loan under U- Build.

UOB SAGE simplifies sustainability-linked financing for small- and medium-sized enterprises (SMEs), encouraging them to meet pre-agreed sustainability performance targets (SPTs). Through partnership with Enterprise Singapore and our network of sustainability experts, we assist SMEs in enhancing sustainability practices efficiently, saving time and resources.