Updated July 14, 2025
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Disclaimer
Terms & Conditions
Annual Interest Rate
Max Loan Amount
Processing Fee
OCBC, one of Singapore’s leading financial institutions, offers the temporary bridging loan Programme (TBLP) to help SMEs address short-term cash flow needs. Backed by Enterprise Singapore, this loan is tailored for local businesses navigating uncertain economic conditions.
With a competitive fixed annual interest rate of 5% and no annual fees, OCBC’s TBLP offers a viable financing option for companies seeking working capital support. The loan can go up to S$600,000, with flexible repayment tenures of up to 5 years, making it suitable for both emerging startups and established SMEs.
While the loan includes a 1–2% processing fee and a lock-in period, it does not impose any annual maintenance charges. OCBC’s TBLP is designed to accommodate businesses with at least S$500,000 in annual turnover and a minimum incorporation period of 1 year, ensuring accessibility to a broad range of local enterprises.
For a typical loan of S$100,000 over 5 years, borrowers can expect monthly instalments of S$1,887.12, resulting in a total repayment of S$113,227.40, inclusive of S$13,227.40 in interest.
Overall, OCBC’s temporary bridging loan stands out as a practical financing solution for SMEs requiring immediate liquidity with transparent terms and government-backed reliability.
Loan Flexibility for SMEs
OCBC’s temporary bridging loan offers financing of up to S$600,000, giving SMEs substantial liquidity to manage operational expenses, vendor payments, or business expansion. The maximum loan tenure of 5 years supports manageable repayment pacing for long-term planning.
Straightforward Interest Structure
The loan features a fixed annual interest rate of 5%, allowing businesses to predict and plan financial obligations without worrying about fluctuating rates. With a total interest amounting to S$13,227 on a S$100,000 loan over 5 years, OCBC provides transparency from the outset.
Reasonable Entry Barriers
Unlike other business loans that impose high qualification thresholds, this scheme only requires businesses to have a minimum annual turnover of S$500,000 and at least 1 year of incorporation—making it accessible to both young and growing firms.
Predictable Monthly Commitment
For a S$100,000 loan over 5 years, businesses will pay a fixed monthly installment of S$1,887.12. This stability supports better cash flow planning and financial predictability, critical during recovery or scaling periods.
Processing Fee
A one-time processing fee of 1% to 2% is charged based on the approved loan amount. This fee is deducted upfront and is standard across all applicants. For example, a S$100,000 loan may incur up to S$2,000 in processing costs.
Penalty Fee for Early Repayment
The loan includes a lock-in period, during which early full repayment is allowed only with a 2% penalty fee on the outstanding loan amount. Borrowers should carefully consider their cash flow before opting to repay ahead of schedule.
Late Payment Charges
While not always triggered, late payments may incur additional charges or interest accrual as per OCBC’s standard SME loan policy. To avoid these, businesses are strongly advised to maintain regular repayment schedules.
No Annual Maintenance Fee
OCBC does not impose any annual fees on the temporary bridging loan, reducing long-term costs. This eliminates recurring charges that could otherwise increase the financial burden over the loan tenure.
| Lender | Annual Interest Rate | Processing Fee | Annual Fee | Monthly Repayment |
|---|---|---|---|---|
| Anext | 7% | 1% or S$200 whichever is higher | $0 | $2,970.18 |
| DBS | 6% | 1% | no | $2,899.92 |
| Maybank | 7% | 1-2% | $2,970.18 | |
| OCBC | 7.5 % | 1-2% | no | $3,005.69 |
| Orix | 8.5 % | 1-2% | no | $3,077.48 |
| Ethoz | 9 % | 1.25% | One time off $1,500 Commitement Fee | $3,113.75 |
| Funding Societies | 9.6 % | 7% | $3,157.61 | |
| SCB | 10.88 % | 1-3% | $288 | $3,252.39 |
* Rates Updated 14 Jul 2025 - Loan Amount Example S$150,000 In 5 Years
To qualify for OCBC’s temporary bridging loan Programme, businesses must meet the following eligibility criteria set in alignment with Enterprise Singapore’s support framework:
Business Registration and Incorporation
Applicants must be Singapore-registered companies that are physically present and actively operating in the country. The business must have been incorporated for at least 1 year at the time of application.
Minimum Annual Turnover
Eligible businesses should have a minimum annual revenue of S$500,000. This ensures the company has a stable cash flow to support repayment over the loan tenure.
Local Shareholding Requirement
At least 30% of the company’s ownership must be held by Singaporeans or Singapore Permanent Residents. This condition is aligned with national objectives to support local enterprise development.
Operational Status
Only firms that are actively in operation and not under judicial management or facing liquidation are considered. Dormant companies or those with unresolved insolvency issues are not eligible.
Sector Inclusion
The TBLP is open to most industries, including retail, F&B, logistics, manufacturing, and professional services. However, OCBC reserves the right to assess sector-specific risk before approval.
This broad yet structured eligibility framework ensures that a wide range of SMEs—particularly those recovering from economic shocks—can access timely financial support through OCBC’s TBLP.
Start your loan application journey with our quick online application multistep form—it takes just 30 seconds to complete. Our advanced technology and expert loan specialists work together to match you with suitable options on our platform
Our team will reach out requesting the following necessary documents: company registration information, bank statements, financial reports and your IC/FIN details.
Our dedicated customer success team will carefully examine your application, contacting you if any additional information is required. Once we’ve verified your details, we’ll begin the process of matching you with appropriate lenders and loan options.
Compare loan offers in real-time through your application dashboard. Our customer success team is available to discuss loan details.
Once you’ve agreed on the loan terms and signed the contract, you’ll receive a copy of the agreement. This document will outline your monthly payment schedule. Your funds will then be disbursed either in cash or via bank transfer.
Supported by Enterprise Singapore, ensuring enhanced trust and reduced default risk for SMEs.
Provides predictable loan costs with no fluctuation risk, making it easier for businesses to plan cash flow.
Borrow up to S$600,000, offering sufficient working capital for both recovery and growth initiatives.
OCBC waives annual maintenance charges, reducing the total cost of borrowing over the 5-year term.
A 2% fee is charged on the outstanding principal for early settlement, which can add unexpected costs.
While standard, this upfront fee can be significant for larger loan amounts.
