Digital Business Loan supported by Resilience Budget 2020

Digital Business Loan supported
by Resilience Budget 2020

Up to S$200,000 hassle-free funding – no submission of financials

At a Glance
Small business loans can mean a big deal to companies looking for hassle-free funding, especially for businesses impacted by the COVID-19 outbreak. Now you can access up to S$200,000 as part of the new relief assistance with the Digital Business Loan, supported by the Resilience Budget 2020.

Ease your cash flow pressures with low interest rates, a fuss free online application process with no submission of financials* and waiver of your processing fee. So you can focus on doing what you do best – running your business for growth and expansion, even amidst market uncertainties.

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$200,000
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.