Updated July 14, 2025
Fact-Checked
We put every effort into ensuring information on ROSHI is accurate and up to date. Double-check all details before applying or buying.
Disclaimer
Terms & Conditions
Annual Interest Rate
Max Loan Amount
Processing Fee
RHB offers a competitive Working Capital Loan tailored to businesses in need of short-term financing. With an interest rate of 7% per annum, this loan provides affordable financing options for companies operating in Singapore. The loan is designed to support businesses with flexible funding needs, offering up to S$300,000 in financing without the burden of a lock-in period or annual fees.
RHB’s working capital loan is available to businesses with a minimum turnover of S$750,000 and a minimum incorporation period of 2 years, ensuring that established companies can access funding to meet operational demands. The bank charges a processing fee of 1-2%, making it a cost-effective option for companies seeking working capital.
This loan is ideal for businesses looking to manage cash flow, cover operational expenses, or seize new business opportunities. With a loan tenure of up to 5 years, businesses can select a repayment schedule that aligns with their financial capabilities.
RHB’s straightforward approach to the application process, combined with its flexible terms, makes this loan a strong contender for businesses looking to secure financing with minimal complexity.
Interest Rate & Flexibility
The RHB working capital loan offers a competitive interest rate of 7% per annum. This rate provides businesses with an affordable borrowing option compared to other financial products in the market. With no annual fees and no lock-in period, businesses have the flexibility to repay the loan according to their financial capacity without the burden of long-term commitments.
Loan Amount & Tenure
Businesses can access financing of up to S$300,000, which is suitable for companies with varied financial needs. The loan can be taken for a maximum tenure of 5 years, allowing businesses to manage their cash flow more effectively while avoiding excessive monthly payments. This flexibility makes it easier for businesses to tailor the loan to their specific needs.
Eligibility Requirements
To qualify for the loan, businesses need to meet specific criteria, including a minimum annual turnover of S$750,000 and at least 2 years of operation. These requirements ensure that the loan is tailored to established businesses with stable financial histories. There is no minimum income requirement for the business owner, which makes the loan accessible to a wide range of enterprises.
Accessibility & No Lock-In Period
With no lock-in period, businesses are not tied down by a long-term commitment, giving them the freedom to repay early or adjust as needed. This feature enhances the overall accessibility and attractiveness of the loan, allowing businesses to make the most of favorable financial conditions when possible.
Processing Fee
The RHB Working Capital Loan incurs a processing fee ranging from 1% to 2%, depending on the loan amount and terms. This fee is applied when the loan is approved and is a one-time charge, offering businesses a relatively low-cost entry to secure the financing they need.
No Annual Fees
There are no annual fees associated with this loan, making it an attractive option for businesses that want to avoid recurring charges. This eliminates the need for additional expenses over the life of the loan, ensuring more predictable financial planning.
No Lock-In Period Fees
As the loan comes with no lock-in period, there are no penalties or additional charges for early repayment. Businesses can pay off their loan early without incurring any extra costs, which provides greater financial flexibility.
No Penalty Fees for Missed Payments
Unlike many other financial products, the RHB working capital loan does not impose penalty fees for missed payments. This flexibility allows businesses to avoid the added stress of costly penalties, although timely repayments are still encouraged to maintain financial health.
| 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
Business Criteria
The RHB working capital loan is available to businesses operating in Singapore with a minimum annual turnover of S$750,000. This requirement ensures that the loan is targeted at businesses with stable revenue streams and the capacity to repay the loan.
Minimum Years of Incorporation
To qualify for the loan, businesses must have been incorporated for at least 2 years. This ensures that only established businesses with a proven track record of operations are eligible for financing, reducing the risk for both the bank and the borrower.
No Minimum Income Requirement
Unlike personal loans, the RHB working capital loan does not impose a minimum income requirement for the business owner. This makes it accessible to a wider range of businesses, including those with varying ownership structures or those without specific income benchmarks.
Eligibility for Foreign-Registered Businesses
Although the loan is primarily aimed at local businesses, foreign-owned companies operating in Singapore that meet the eligibility criteria, including the turnover and incorporation requirements, can also apply for the loan. This makes the loan option available to a broad range of businesses, including SMEs and larger enterprises.
Simple Documentation Requirements
The loan application process requires standard business documentation such as financial statements, company registration details, and proof of turnover. There are no complex eligibility checks, allowing businesses to apply efficiently without excessive documentation demands.
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.
The RHB working capital loan offers a fixed interest rate of 7% per annum, making it an affordable option for businesses looking for financing. The relatively low rate ensures that businesses are not burdened with excessive interest costs over the life of the loan.
This loan comes with no lock-in period, allowing businesses to repay the loan early without incurring additional charges. This flexibility helps businesses better manage their cash flow and take advantage of favorable financial conditions.
One of the key benefits is the absence of annual fees. This allows businesses to borrow without worrying about recurring costs, making it a cost-effective option for long-term financing.
Businesses can access loans of up to S$300,000, with a repayment tenure of up to 5 years. This flexibility in loan amount and repayment terms ensures that businesses can tailor the loan to meet their specific needs and financial capabilities.
While the processing fee of 1-2% is relatively standard for loans of this type, it is a cost that businesses should consider when assessing the overall cost of borrowing.
