DBS Business Loans Comparison, Features & Eligibility

Compare DBS Business Loans

Pick the right loan based on how your SME runs and grows.

Compare DBS Business Loans

Pick the right loan based on how your SME runs and grows.

At a Glance

We help you compare the key financing options available to Singapore SMEs through DBS, so you can identify the right solution for your business needs.

Attractive rates

Borrow up to S$500,000, with interest rates from 6% p.a. and repayment tenures of up to 5 years for eligible SME Working Capital Loans and Business Loans.

Lighter documentation

No documents required for loans up to S$50,000 for new borrowers.

Fast and convenient

Complete your application online in 5 minutes, anytime, anywhere. Retrieve or prefill available business information through ACRA or MyInfo Business, where applicable, and track your application digitally.

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.

Read the full government announcement

Find the right option for you

Use this comparison table to identify the financing option that best matches your business needs.

	SME Working Capital Loan	Business Loan	Enterprise Financing Scheme – Green
Main purpose	Finance daily operational cash-flow needs, such as inventory, payroll, rent and supplier payments	Support business growth, expansion and operational needs, such as equipment, renovation, hiring or new sales channels	Supports eligible businesses developing green capabilities, building a track record, and capturing opportunities in the green economy
Amount	Up to S$500,000	Up to S$500,000	Varies by facility type, from up to 1 year for Trade Loans to up to 20 years for eligible Project Loans
Tenor	Up to 5 years	Up to 5 years	Up to 20 years, depending on the supported loan type
Interest rate	From 6% p.a., subject to DBS' assessment	From 6% p.a., subject to DBS' assessment	Subject to assessment and prevailing scheme terms
Repayment structure	Fixed monthly instalments	Fixed monthly instalments	Depends on the supported loan type and approved facility
Government-Assisted Scheme	Yes, under the Enterprise Financing Scheme	No. The facility may be taken alongside eligible government-assisted loans, subject to approval	Yes. Open for applications until 31 March 2031, subject to prevailing scheme availability and eligibility
Other eligibility factors	Business must be registered and operating in Singapore, have at least 30% local equity, and have group annual sales of up to S$100 million or group employment size of up to 200 employees	Open to eligible businesses, subject to DBS credit assessment and prevailing requirements	Business must be registered and physically present in Singapore, have at least 30% local equity, have group annual sales turnover of not more than S$500 million, and meet the prevailing qualifying green-sector, activity and borrower-type requirements
Collateral	No physical collateral needed, but guarantor(s) required	No physical collateral needed, but guarantor(s) required	Subject to the approved loan type, facility structure, and DBS’ assessment

Learn More

Who is this for?

Business loans are suitable for Singapore-registered SMEs that need financing support for short-term cash flow needs, daily operations, or longer-term growth plans.

Short-term cash flow support

For businesses navigating timing gaps in income, client payments, or day-to-day cash flow needs.

Fund day-to-day operations

For businesses that need financing for recurring operational expenses, including inventory purchases and other working-capital needs.

Manage seasonal business needs

For businesses with peak and off-peak periods that need additional cash flow when expenses arise before revenue is received.

Support business growth and expansion

For businesses planning to expand their operations, introduce new products or sales channels, purchase or lease equipment, or enter new markets.

What to consider before applying

Loan purpose		Loan amount and tenor
Match the financing option to your needs, whether for daily operations, planned investments, business expansion or eligible green initiatives.		Consider whether the available loan amount and repayment period are suitable for your funding needs and projected cash flow.
Repayment structure		Eligibility and guarantor requirements
Compare fixed monthly instalments with flexible repayment options, depending on how your cash flow moves.		Review the applicable criteria, including local shareholding, business size, qualifying activities and whether guarantors are required.
Fees and total financing cost
Use the loan calculator to estimate your monthly instalment, total interest and overall repayment amount. Separately review any processing fees, charges and guarantee requirements that may apply.

Business loan calculator

Our calculator will be updated soon to reflect the new interest rates under the enhanced EFS scheme.

Estimates are provided for illustration only and do not constitute an offer. Calculations may exclude processing fees and other applicable charges. Actual interest rates, instalments, fees and approved terms are subject to DBS' assessment and prevailing terms and conditions.

Calculate your affordability

How to apply

Once you’ve weighed the options and identified which business loan you need, applying for one is quick.

If you have a DBS corporate account

Apply through DBS IDEAL, retrieve your business details online, and track your application digitally after submission.

Log in to DBS IDEAL, go to "Apply", and click on the “Apply now” under Business Loan.

Enter your loan request, appoint your guarantors, and upload your financials, if needed.

Review, submit, and track your application status on DBS IDEAL.

Start Your Application via DBS IDEAL

If you don’t have a DBS corporate account

Apply online, retrieve your business details using ACRA or MyInfo Business, and receive application updates from DBS.

Visit the business loan application page and retrieve your business details using ACRA or MyInfo Business.

Enter your loan request, appoint your guarantors and upload your financials, if needed.

Review, submit, and receive updates from DBS via email or SMS.

Apply for a Business Loan Now

Frequently asked questions

	Can you get a business loan without collateral in Singapore?
	Yes. No physical collateral is required for the DBS SME Working Capital Loan and Business Term Loan. However, guarantor(s) are required, subject to DBS’ prevailing requirements and assessment. For the Enterprise Financing Scheme – Green, collateral and guarantee requirements depend on the facility type, approved structure and DBS’ assessment.

	How long does approval usually take for a business loan?
	Approval timelines can vary depending on the loan type, application completeness, and whether additional information is required. If you have a DBS Corporate account, you can apply online in 5 minutes and track your application status after submission on DBS IDEAL.

	What should you compare besides interest rates?
	Consider the following when comparing business loans: Purpose of the loan Maximum loan amount Repayment tenure and structure Total interest and applicable fees Eligibility requirements Collateral and guarantor requirements The right option should suit your funding purpose, cash-flow needs and ability to meet the repayments, rather than simply offer the lowest interest rate.

What documents do I need to prepare?

When you apply using ACRA or MyInfo Business, DBS can retrieve most of the required business information, which may reduce the number of supporting documents needed.

For eligible new DBS borrowers applying for up to S$50,000, no financial documents are required. Depending on your application, DBS may request additional information, such as:

Latest two years’ financial statements
Latest three months’ bank statements

Bank statements may not be required if DBS is your main operating bank. All document requirements remain subject to the applicant’s profile and DBS’ assessment.

Disclaimer

The information on this page is intended for general information only and does not constitute financial advice, an offer, or a recommendation to apply for any specific loan product.

All loan applications are subject to DBS’ approval, eligibility criteria, credit assessment, and prevailing terms and conditions. Loan amounts, interest rates, fees, tenures, repayment terms, and product features may vary depending on the applicant’s profile and may be changed at any time.

Government-assisted schemes, where applicable, are subject to the relevant scheme requirements and availability. Meeting the stated eligibility criteria does not guarantee approval.

Applicants should carefully consider their business needs, repayment ability, and financing costs before applying. Additional documents, guarantor requirements, fees, charges, and conditions may apply.

Compare DBS Business Loans