Government Financing & Assistance Schemes |
Loan Insurance Scheme
DBS also offers a loan insurance scheme ("LIS" or the "Scheme") to our corporate customers who may require additional working capital.
The Scheme is co-sponsored by SPRING / IE Singapore. Insurance premium is 1.5% of the loan request amount, of which SPRING / IE Singapore co-sponsor half of the premium payable.
Customers may use such loans for the following purposes:-
- Establish a viable new business
- Support establishment of inventory storage & distribution hub
- Expand existing manufacturing capacity
- Diversify into other product lines capabilities
- Augment working capital needs
- Expand trading into new markets
- Broaden distribution channels
- Support & Fund majority-owned overseas
For more details about the Scheme, please contact your Relationship Manager
or call our Corporate hotline at tel no.
1800-222-2200.