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Monthly Repayment
Apply NowDBS’s working capital loan offers a competitive financing solution for businesses looking to manage their operational cash flow efficiently. With an annual interest rate of 7.75% and a processing fee of 1.5%, this loan provides access to significant financial support for businesses without the burden of high costs. The maximum loan amount is S$500,000, with a loan tenure of up to 5 years. This flexibility allows businesses to choose the most suitable repayment period to fit their financial strategy.
The monthly installment for a S$100,000 loan is S$2,015.70, resulting in a total amount payable of S$120,941.76 over the entire tenure. One of the key advantages is that there are no annual fees, no lock-in period and no penalty fees for early repayments, making this loan an attractive choice for businesses seeking flexibility in managing their working capital.
Additionally, the loan is accessible to businesses with a minimum annual turnover of S$150,000 and at least 1 year of incorporation, making it suitable for a broad range of companies looking to improve their financial standing. The interest total for the loan amounts to S$20,942, ensuring clear transparency in terms of the overall cost.
Competitive Interest Rate
DBS’s working capital loan offers a 7.75% annual interest rate, which is relatively competitive compared to other business loan options in Singapore. This interest rate allows businesses to access financing at an affordable cost, with clear transparency regarding total interest payments.
Flexible Loan Amount
The loan can be customized to meet various business needs, with a maximum loan amount of up to S$500,000. This ensures that businesses, whether small or larger enterprises, can access adequate capital for operational expenses and expansion plans without being restricted by low loan limits.
Repayment Flexibility
The loan offers a maximum tenure of 5 years, allowing businesses to structure repayment schedules that align with their cash flow needs. The flexibility of repayment periods makes it easier for companies to manage their financial obligations without straining their budgets.
Predictable Monthly Payments
With a monthly installment of S$2,015.70 for a S$100,000 loan, businesses can plan their cash flows more effectively. The predictable payments allow for better budgeting and financial planning over the loan term, making it a reliable financing option.
Clear Total Payable Amount
The total amount payable over the 5-year term is S$120,941.76, which includes both principal and interest payments. This clear breakdown ensures that businesses understand the full financial commitment before proceeding with the loan.
| 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 DBS working capital loan, businesses can visit the ROSHI marketplace and navigate to the DBS loan application page. Through ROSHI, you can access the loan application form and find helpful resources to guide you through the process.
DBS requires several documents for verification before approving the loan. These include:
– Company Registration Documents: To verify the legitimacy of the business.
– Financial Statements: Recent statements to assess the financial health of the business.
– Tax Returns: Income tax returns or any relevant financial reports from the past year to confirm the company’s turnover.
For businesses applying for higher loan amounts, additional documentation such as the latest income tax notice of assessment (NOA) may be requested to help assess eligibility.
Once the necessary documents are collected, businesses can use MyInfo (via SingPass) to securely submit their details to DBS. This platform streamlines the application process by automatically verifying essential data like income and turnover, reducing the time needed for document review.
After submission, the application will be reviewed by DBS. Loan approval can take as little as 15 minutes on business days. Once approved, the S$100,000 principal loan amount will be disbursed promptly and the loan terms will be finalized.
Following loan approval, businesses will receive a loan agreement detailing the terms, including repayment schedules and fees. After reviewing the agreement, businesses are required to sign and confirm the loan acceptance. The final step involves transferring the approved loan amount to the business account.
The 7.75% annual interest rate makes the DBS working capital loan an affordable option for businesses looking to manage their cash flow. It provides a low-interest option compared to many other business loans available in the market.
With a maximum loan amount of S$500,000, businesses can access the capital they need for operations, expansion or other working capital needs. The loan can be customized to suit the financial requirements of businesses of various sizes.
Unlike many other loans, the DBS working capital loan has no annual fees, making it a cost-effective solution for businesses. There are no hidden costs that could add up over time, which increases the overall affordability of the loan.
The absence of a lock-in period provides businesses with the flexibility to repay the loan early without incurring any extra charges. This feature allows businesses to manage their debt effectively and reduce overall interest costs by making early repayments.
There is a 1.5% processing fee on the loan, which is a one-time charge. While this fee is relatively low, it is important for businesses to factor it into their financial planning.
To be eligible for the loan, businesses must meet a minimum annual turnover of S$150,000, which may be a limitation for smaller or newly established businesses with lower turnover.
