DBS Business Loan
DBS Business Loan is an unsecured term loan facility used for day-to-day business
operations and working capital requirements.
Customer Eligibility
All locally registered business entities are eligible to apply for the DBS
Business Loan. Business entities comprise sole proprietors, partnerships and
private limited companies.
Fees, Rates & Charges
We offer competitive rates. Please call our hotline at 1800 222 2200 to find out more.
Application Procedure
To apply for the DBS Business Loan, click
here for the Application Form or you may pick up the form at any of our
DBS branches, or call our hotline at 1800 222 2200 for more information.
Required Supporting Documents
- Photocopy of NRIC (front and back) of guarantor(s)
- Income Tax Notice of Assessment for the last 2 years of
sole proprietor / key partners / directors
- Bank Statements for the last 3 months (if operating account
is not maintained with DBS)
- Financial Statements (audited where applicable) for the
last 2 years (latest financial statements should be less than 18 months old)
- Original/ Certified True Copy of Updated Memorandum and Articles
of Association by any one director (only applicable for Pte Ltd Companies
which do not maintain any borrowing account with DBS)
- Business Plan for business with less than 2 years in operation
- For Professional Practices NOT registered with ACRA:
(I) A copy of a confirmation from the relevant authority on the constitution of the firm and the name(s) of the sole proprietor/ partners.
- FOR LAWYERS; by way of a confirmation letter from the Law Society
- Original is to be sighted by branch / sales staff
- Date of letter should not be more than one month to date of application
- FOR MEDICAL PRACTITIONERS; by way a clinic licence from MOH
- Original is to be sighted by branch / sales staff
- Date of application must be within validity date of clinic licence
- FOR ACCOUNTANTS; by way of an online print-out from Bizfile website
- Date of print-out should not be more than one month to date of application
- FOR ARCHITECTS; by way of a Confirmation letter from Board of Architects on the constitution of the firm
- Original is to be sighted by branch / sales staff
- Date of letter should not be more than one month to date of application
(II) Original Letter stating equity partners & authorized signatures (for partnership only).
- Other supporting financial information of relevance to this application
We seek your kind understanding that incomplete application may result in delay in processing or rejected application. Please allow up to 2 weeks for application processing.