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Terms & ConditionsAnnual Interest Rate
Max Loan Amount
Processing Fee
UOB Bank offers the working capital loan, a flexible financing option designed for businesses in need of working capital. This loan is available to Singaporean companies with a minimum annual turnover of N/A and at least N/A of incorporation. UOB’s working capital loan allows businesses to access funding up to N/A, with a competitive interest rate of N/A per annum and no lock-in period, giving companies the flexibility they need to manage cash flow efficiently.
The loan is ideal for businesses that do not have a specific minimum requirement for the loan amount, making it accessible to a wide range of businesses. Furthermore, there is no annual fee and UOB does not charge any penalties for late payments, offering additional peace of mind for borrowers. The processing fee is set at N/A, making it a cost-effective solution for businesses seeking short-term capital without incurring excessive fees.
Overall, the UOB working capital loan is a reliable and cost-effective financing option for businesses looking to boost liquidity and manage day-to-day operational expenses.
Competitive Interest Rate
The UOB working capital loan offers a competitive interest rate of N/A per annum, providing businesses with an affordable financing option to manage their operational costs. This rate is fixed for the entire loan tenure, ensuring predictable payments for the duration of the loan.
Flexible Loan Amount and Tenure
Businesses can access financing up to N/A, depending on their financial needs and eligibility. The loan tenure can extend up to N/A, offering flexibility for companies to choose a repayment schedule that suits their cash flow. This flexibility allows businesses to manage their repayments effectively without overburdening their financial resources.
No Lock-In Period
One of the standout features of the UOB working capital loan is the absence of a lock-in period. This allows businesses to repay the loan earlier without incurring any additional penalties, offering greater flexibility and reducing the overall interest burden if the business decides to pay off the loan sooner.
No Minimum Requirement for Loan Amount
There is no minimum loan amount required for the UOB working capital loan, making it accessible for a wide range of businesses, whether they need smaller amounts of financing for short-term expenses or larger sums for more extensive capital needs. This makes the loan suitable for businesses of various sizes and sectors.
| Lender | Annual Interest Rate | Processing Fee | Annual Fee | Monthly Repayment |
|---|---|---|---|---|
| Anext | 7%-10% | 1% or S$200 | No | $2,970.18 |
| DBS | 7% | 1% | No | $2,970.18 |
| Maybank | 7%-10% | 1-2% | No | $2,970.18 |
| OCBC | 7% | 1-2% | No | $2,970.18 |
| Orix | 8.5 % | 1-2% | No | $3,077.48 |
| Ethoz | 7-10% | 1.25% | One time off $1,500 Commitement Fee | $2,970.18 |
| Funding Societies | 9.6 % | 4% | No | $3,157.61 |
| SCB | 9.00 % | 1-3% | $288 | $3,113.75 |
* Rates Updated 12 Jan 2026 - Loan Amount Example S$150,000 In 5 Years
To apply for the UOB working capital loan, visit the ROSHI marketplace and use the direct link to UOB’s application portal. The online application process is straightforward and allows businesses to quickly assess their eligibility and begin the application process.
When applying for the UOB working capital loan, you will need to submit the following documents to complete the application:
– Company’s NRIC or business registration details
– Latest 6 months of financial statements or audited accounts
– Proof of annual turnover (e.g., tax returns or sales reports)
– Corporate bank statements (if required by UOB)
The bank may also request additional documents to verify your business’s financial standing and ensure your eligibility.
Once you have uploaded the necessary documents, UOB’s system will quickly process your application. You will typically receive an approval notification within a short period of time, often within 1-2 business days, depending on the complexity of your application.
Upon approval, the UOB working capital loan will be disbursed promptly, usually within a few business days. The loan amount will be transferred directly to the business bank account provided during the application process, giving your company immediate access to the working capital needed.
Once your loan is approved, you will receive confirmation and a loan agreement for review. The agreement will outline the loan terms, repayment schedule and any additional fees. Upon signing the agreement, the loan will be finalized and the funds will be made available for use.
The UOB working capital loan offers a fixed interest rate of N/A per annum, making it a competitive and affordable option for businesses in need of short-term financing. This rate ensures predictable costs for businesses throughout the loan tenure.
Businesses can access financing of up to N/A, with no minimum loan amount required. This flexibility makes it suitable for both small and large businesses that need varying levels of capital.
One of the key advantages is the absence of a lock-in period, allowing businesses to pay off the loan early without incurring additional penalties. This feature provides greater financial flexibility for businesses that expect to improve their cash flow in the near future.
UOB does not charge any annual fees for the working capital loan, reducing the overall cost of borrowing. This makes the loan an even more attractive option for businesses seeking affordable financing.
There is a one-time processing fee of N/A for the loan, which is a minor cost compared to other loan fees in the market. While this fee is minimal, it should still be considered when applying for the loan.
The loan is only available to businesses with a minimum annual turnover of N/A, which may exclude smaller businesses or startups with lower revenue. This eligibility requirement ensures that the loan is targeted at businesses with established revenue streams.
