SG5 Digital Business Loan & Onboarding Campaign

Exclusive for SG5 Customers

Supporting SG5 Retailers through COVID-19

Exclusive for SG5 Customers

Supporting SG5 Retailers through COVID-19

Digital Business Loan supported by Resilience Budget 2020

The recent COVID-19 situation has not only affected lives, but also businesses across Singapore. To support SG5 retailers during this challenging time, we are rolling out these liquidity relief measures and packages to help address your cash flow needs and cover gaps in your operational expenses.

Best rates

Business loan of up to S$200,000 with competitive rates

Flexible repayment period

Stretch your repayment period up to 5 years

Convenient to apply

Save time by retrieving your details via mybusinessinfo logo anytime, anywhere

Features

Loan amount	Up to S$50,000
Loan tenor	5 years
Loan repayment	Service only interest for first 12 months, thereafter principal and interest for the remaining of loan tenor
Collateral	Nil

Eligibility

Your business must be registered and operating in Singapore with at least 30% local shareholdings (Singaporeans or Permanent Residents)

*Additional supporting documents may be required on a case-by-case basis.

SG5 Onboarding Campaign

Enjoy more rewards when you bank more with DBS.

How it works:

		Open a DBS business account to receive 2 cartons of beer! (For new customers only)

		Scan and pay for 5 SG5 invoices to receive 1 carton of beer.

		Sign up for any Start Digital pack below to receive 2 cartons of beer. Choose from the options featured below: A: DBS MAX + Financio B: DBS MAX + Talenox Suite C: Financio + Talenox Suite For existing users of DBS MAX

		Top up a minimum of S$28,000 into your DBS business account and maintain an average monthly balance of S$28,000 in your account from 1 Jun to 31 Aug 2020 to receive 1 carton of beer.

		Receive additional 2 cartons of beer if you fulfil ALL required criteria!

More Information

Onboarding Campaign eligibility criteria

¹ Only applicable for customers who do not have any existing Start Digital solutions
² Only applicable for deposit of fresh funds

FAQs

	Open a new DBS Business Account
	Get your business running instantly with a DBS Business Account before the campaign period ends. Open your account online by 31 August 2020.

Scan and pay for 5 SG5 invoices

Use your Corporate PayNow to scan and pay at least 5 payments to SG5.

How to apply for PayNow Corporate?
Have access to DBS IDEAL?

Step 1: Log in to DBS IDEAL

Step 2: Go to the "Administration" menu

Step 3: Click on “Manage PayNow” to register your UEN* for PayNow Corporate.
*Add a 3-digit alpha-numeric suffix to your company’s UEN to create multiple PayNow proxies, which can be linked to multiple bank accounts.

If you do not have access to DBS IDEAL, register now.

	Start Digital pack
	Choose any 2 Start Digital solutions below and indicate your choice in the form below:

Top up S$28,000 into your DBS Business Account

Top up S$28,000 fresh funds in your DBS Business Account by 1 June 2020
Maintain an average account balance of S$28,000 from 1 June 2020 to 31 August 2020.

New to DBS? Open your account online before 1 June 2020 to qualify for this offer.

Note: For customers who participated in DBS SME Banking Lunar New Year Promotion, you will have to maintain an additional monthly average balance of S$28,000 from 1 June 2020 to 31 August 2020 (both dates inclusive).

	BONUS!
	Both *new and existing DBS customers** will receive a bonus of 2 cartons of beer if they fulfil all^ eligible campaign criteria. *New DBS customers must open a DBS business account to participate in the campaign and receive the related incentives. ^Existing Start Digital customers do not have to register for Start Digital again.