Working Capital

Block Discounting

Unlock cash from your hire purchase agreements and generate immediate liquidity

Build relationships with your customers and increase sales by offering easy payment terms through DBS Block Discounting. This revolving credit facility is specially designed for auto dealers who offer hire purchase or financing arrangements to customers.

 

Why choose DBS Block Discounting?

  • Realise the value of your hire purchase agreements upfront and generate immediate liquidity
  • Grow your business and ease your cash flow with our competitive interest rates
  • Control your costs. You only incur interest charges when you actually use the facility
  • Plan your finances effectively with a fixed monthly repayment schedule
  • Manage your finances easily with IDEAL™, our online banking platform
  • Enjoy unparalleled convenience with the widest banking network in Singapore. We have more than 900 ATMs and 80 DBS and POSB branches island wide

FAQs

Is Block Discounting suitable for all auto dealers?

Block Discounting can help your company if you are an auto dealer who offers credit and financing services to your customers.

Is Block Discounting a secured facility?

Yes, it is secured against your receivables.

 

How do I apply?

Please call us at 1800 222 2200 and we will arrange for a relationship manager to speak with you.

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