Commercial, HDB Shops & Industrial Properties Loan (CHIPS)
Whether you are planning to own your business premises or thinking of refinancing
your existing loan with another financial institution, we offer one of the most
attractive property loan packages in town for you.
Benefits
- Immediate interest savings
With our competitive packages, customers enjoy immediate interest savings
when they refinance or take up new Commercial & Industrial Property Loan
with us.
- Long Repayment Period
You can enjoy up to 25 years to service the loan packages.
- Better Cash flow Management
With the choice between floating and fixed packages, your business needs can
be met accordingly.
- Extra Flexibility
Option to take up to 80% financing, together with overdraft and trade facilities.
- Attractive legal and valuation subsidies
There is minimal cost in taking up financing from DBS through our strategic
partnership with professional service providers.
Why wait, talk to us at 1800 222 2200 to find out more. You can also visit any of our DBS Branches for more information.
Loan Packages (as at 7 July 2008)
| Floating Rate package* |
| Loan Tenure |
Interest Rate |
| Year 1 |
3.58% (EFR - 1.42%)
|
| Year 2 |
4.42% (EFR - 0.58%)
|
| Thereafter |
5.25% (EFR + 0.25%)
|
| Fixed Rate package* |
| Loan Tenure |
Interest Rate |
| Year 1 |
3.88% Fixed
|
| Year 2 |
4.88% Fixed
|
| Thereafter |
5.25% (EFR + 0.25%)
|
EFR refers to DBS Enterprise Financing Rate which is currently at 5.00%.
* Terms & conditions apply
How to apply
Application is easy and fast subject to a minimum loan size of $200,000. To
facilitate our loan evaluation, please submit the following documents to us.
You will hear from us on the outcome of your application shortly:
For Corporate Application (only)
- Financial Statements (last 3 years)
- Bank Statements for the past 6 months (for non-DBS applicants)
|
