vehicles

Equipment & Vehicle Loan

Unlock your business potential with the
assets you need

Equipment & Vehicle Loan

Unlock your business potential with the
assets you need

Why SMEs choose this
cash

Finance up to 90% of purchase price or valuation

Get the equipment or vehicle you need for your business expansion or operations 

Loan amount is approved based on the bank's assessment.

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Comfortable repayment periods

Take up to 4 years to repay equipment loan and 5 years for vehicle loan

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Competitive interest rates

You’ll also be considered for government-assisted loans

How it works
1
Submit your application online

View this application checklist for supporting info you may need to prepare.

2
Inform guarantors about your application

We’ll email your guarantors to endorse your application.

3
Track your application status

Upon submission, you’ll receive an email with details on how to check updates about your application.

4
Review the offer and sign the agreement

Once approved, our relationship manager will contact you about the offer and get your sign-off.

5
Get ready for loan disbursal

Our relationship manager will work with you and the equipment supplier or vehicle seller to arrange the loan disbursal.

Application checklist

If you apply using ACRA or MyInfo Business, we can retrieve most of the required information so most businesses do not need to provide financial documents. However, additional information may be required on a case-by-case basis.

Additional documents required could be:

  • Latest 2 years financial statements
  • Latest 3 months bank statements
    Not required if DBS is your main operating bank
  • Invoice or quotation for equipment or vehicle (optional)