DBS Business Loan

DBS Business Loan is an unsecured term loan facility used for day-to-day business operations and working capital requirements.

Customer Eligibility

All locally registered business entities are eligible to apply for the DBS Business Loan. Business entities comprise sole proprietors, partnerships and private limited companies.

Fees, Rates & Charges

We offer competitive rates. Please call our hotline at 1800 222 2200 to find out more.

Application Procedure

To apply for the DBS Business Loan, click here for the Application Form or you may pick up the form at any of our DBS branches, or call our hotline at 1800 222 2200 for more information.

Required Supporting Documents

• Photocopy of NRIC (front and back) of guarantor(s)
• Income Tax Notice of Assessment for the last 2 years of sole proprietor / key partners / directors
• Bank Statements for the last 3 months (if operating account is not maintained with DBS)
• Financial Statements (audited where applicable) for the last 2 years (latest financial statements should be less than 18 months old)
• Original/ Certified True Copy of Updated Memorandum and Articles of Association by any one director (only applicable for Pte Ltd Companies which do not maintain any borrowing account with DBS)
• Business Plan for business with less than 2 years in operation
• For Professional Practices NOT registered with ACRA:
  
  (I) A copy of a confirmation from the relevant authority on the constitution of the firm and the name(s) of the sole proprietor/ partners.

1. FOR LAWYERS; by way of a confirmation letter from the Law Society
   • Original is to be sighted by branch / sales staff
   • Date of letter should not be more than one month to date of application

2. FOR MEDICAL PRACTITIONERS; by way a clinic licence from MOH
   • Original is to be sighted by branch / sales staff
   • Date of application must be within validity date of clinic licence

3. FOR ACCOUNTANTS; by way of an online print-out from Bizfile website
   • URL http://www.acra.gov.sg/information/instantinfo.html
   • Date of print-out should not be more than one month to date of application

4. FOR ARCHITECTS; by way of a Confirmation letter from Board of Architects on the constitution of the firm
   • Original is to be sighted by branch / sales staff
   • Date of letter should not be more than one month to date of application

(II) Original Letter stating equity partners & authorized signatures (for partnership only).

• Other supporting financial information of relevance to this application

We seek your kind understanding that incomplete application may result in delay in processing or rejected application. Please allow up to 2 weeks for application processing.