Obtain short-term trade financing with insurance subsidies from the government
Grow your business with DBS and the government. The Loan Insurance Scheme (LIS) helps local businesses obtain short-term trade loans, trade advances and other trade-related financial assistance from participating financial institutions. Under the scheme, the bank bears 25% of the risk; with private insurers and the government assuming the remaining 75%. And because this is a government-assisted scheme, Enterprise Singapore will subsidise 50% of the cost of your insurance premium.
Why choose DBS Loan Insurance Scheme?
Maximum financing amount
100% of purchase price
Structured pre-delivery working capital
100% of Letter of Credit or Letter of Confirmed Sales Order
Accounts Receivable Purchasing
100% of invoice value
Banker’s Guarantee or contractual fulfilment
100% of contract value
Kindly note that the interest rate, repayment periods, and collateral required depend on your risk profile. The maximum repayment period is 1 year.
Maximum amount you may borrow
SGD 5 million
Private insurer: 75%
Government subsidises 50% of premium
1.5% of loan amount
For overseas trade facilities:
For domestic trade facilities:
The premium for LIS is equivalent to one-year coverage, however you only pay once you have accepted the facility.
No. Once the premium has been paid for, it is non-refundable even if the facility is not utilised.