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Up to S$1,891 cashback with a
DBS Business Loan

Celebrating Singapore businesses with our best SME financing deal

Up to S$1,891 cashback with a
DBS Business Loan

Celebrating Singapore businesses with our best SME financing deal

A DBS Business Loan gives Singapore SMEs up to S$500,000 to fund working capital or expansion, with repayment tenures of up to 5 years, and a fully digital application.
Up to S$1891 cashback with a DBS Business Loan
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Celebrate National Day with Up to S$1,891 Cashback* on DBS SME Financing

This National Day, DBS supports your business growth with rewarding cashback on every approved SME Working Capital Loan. As we celebrate the resilience and success of Singapore businesses, enjoy cashback credited directly to your DBS Commercial Card to help offset your operating expenses.

Disbursed Loan Amount Cashback
S$120,000 and above S$610*
S$240,000 and above 2x Cashback = S$1,220*
S$360,000 and above 3x Cashback = S$1,830*

 

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Exclusive Bonus for New DBS Commercial Cardholders

Spend S$6,100 within the first 60 days of card issuance and receive an additional S$61 cashback**.

Reward Component Cashback
SME Financing Cashback S$1,830
DBS Commercial Card Cashback Bonus S$61
Total Cashback S$1,891


*Applicable to SME Working Capital Loan and DBS Business Loan applications submitted via this link on or before 30 Nov 2026. The Bank may vary the terms and conditions or discontinue this processing fee discount at any time without any notice or liability to any party. The Bank’s decision on all matters relating to the promotion shall be final. Terms and Conditions apply.

** Applicable to only New-to-Card customers. Cashback reward is on top of existing 8% bonus rewards for new cardholders. 

Government support for Singapore SMEs

The Singapore government recently announced a S$900 million support package for businesses to manage higher operating costs amid ongoing global uncertainties. Key measures for SMEs:

  • Enhanced Enterprise Financing Scheme (EFS) – September 2026 to March 2027: Government risk-share on the EFS–SME working capital loan rises from 50% to 70%.
  • SME Cash Grant – November 2026: S$500 per local employee, with a maximum of S$2,500 per company. Sole proprietorships, partnerships, and LLPs with at least one local business owner receive a flat S$500.

The DBS Business Loan can be used alongside this government-assisted financing to give your business greater flexibility.

Read the full government announcement

Why SMEs choose this Loan
open to all

Stack it on top of your existing government-assisted loans. 

borrow

Borrow up to S$500,000 with interest rate from 6%*, up to 5 years.

*6% interest rate is derived considering the gradual reduction in principle over the loan tenure. The equivalent simple interest rate is approximately 3.2% p.a. based on a loan of $100,000 over 5 years. Actual rates may vary depending on loan amount, tenure and client profile.

repayment

No documents are required for loans of up to S$50,000 for new borrowers with DBS.

With every DBS SME Business Loan, complimentary BizLoan Protect coverage is included to offset outstanding loans in the event of accidental death or permanent disability, ensuring your business remains protected. 

Learn more.

All benefits and coverages are subject to the terms and conditions of BizLoan Protect. Please refer to the policy wording for the full insuring clauses, definitions, schedule, extensions, terms, conditions, exclusions, and limits of liability of BizLoan Protect.

Who is it for?

The DBS Business Loan is open to Singapore-registered businesses across growth stages with varied funding needs, including:

  • SMEs managing cash flow gaps between project billings and incoming payments
  • Companies needing capital to take on larger contracts or fulfil bigger orders
  • Businesses looking to expand operations, enter new markets, or scale headcount
  • Growing businesses investing in new equipment or technology
Calculate your business loan affordability
Our calculator will be updated soon to reflect the new interest rates under the enhanced EFS scheme.
How it works
1
Submit your application online

Check if you need to gather these documents for your application.

2
Inform guarantors about your application

We’ll email your guarantors to endorse your application.

3
Track your application status

Upon submission, you can track your application status on DBS IDEAL online business banking platform.

4
Review the offer

Once approved, we’ll give you an offer. You can accept the offer on DBS IDEAL. In cases where an offer cannot be accepted digitally, a relationship manager will assist with the acceptance.

5
Look out for our notification

We’ll notify you when we disburse the funds into your DBS business account.

Documents to prepare

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 requested 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

*No documents required for loans of up to S$50,000 for new borrowers with DBS

Frequently asked questions
1. What can I use a business loan for?

You can use a business loan in Singapore to expand operations, purchase equipment, enter new markets, or acquire commercial property.
2. How do I get a business loan in Singapore?

Start by identifying the right product. The DBS Business Loan is open to all Singapore-registered businesses. For a government-assisted SME Working Capital Loan, your business must be registered and operating in Singapore with at least 30% local shareholding, with annual group turnover below S$100 million or fewer than 200 employees.
3. What is the interest rate for a business loan?

The interest rate starts from 6% on a reducing balance basis, which is equivalent to approximately 3.2% p.a. in simple interest terms. You can borrow up to S$500,000 with repayment tenures of up to 5 years. Your actual rate may vary based on your credit profile and loan amount.
4. How do I apply for a business loan?

Apply online in minutes. Retrieve your business details via MyInfo Business or ACRA search, enter your loan amount, appoint your guarantors, upload any required documents, and submit.
5. Can I get a business loan with limited credit history?

Yes. DBS Quick Finance offers up to S$50,000 with no documents required for new customers who open a DBS business account.
6. How do I accept my loan offer?

Accept your offer directly on DBS IDEAL once approved. Track your application status there while it is being processed. Where digital acceptance is not possible, a relationship manager will assist.
7. Is there a fee for early repayment?

Yes. A prepayment fee of 2.5% on the principal amount prepaid applies if you repay within the first 2 years of loan disbursement. Speak with your relationship manager for more details.
8. Can I combine a business loan with a government-assisted loan?

Yes. You can hold a DBS Business Loan alongside government-assisted financing such as EFS loans to address different business needs at the same time.

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