Business Loan Maybank Singapore

Sme loans we offer sme loans in singapore to help small local enterprises and start ups gain easy access to financing with competitive business loans interest rates.

Business loan maybank singapore. Enjoy greater savings with this card that offers one of the highest cash rebates for your daily essentials across singapore and malaysia. Benefits up to 8 cash rebate on groceries fast food and food delivery transport and other daily essential categories with a minimum spend of s 800 per month. Businesses just need to be registered and incorporated in singapore and only 1 month latest bank statements are required together with identification documentation.

Maybank singapore offers innovative one stop sme banking solutions as well as sme business loans designed to help small medium sized businesses grow. Other criteria for the business first loan includes the following. This is one of maybank s core sme lending product.

Maybank debt consolidation plan dcp consolidate your debts with one monthly bill repayment at low interest rates. Financing for your business with no collateral required. Unsecured business term loan.

Business must be registered and physically present in singapore for at least 36 months. Upon approval a lump sum principal loan amount will be disbursed to the borrower with equal monthly repayments made over a fixed term of up to 5 years. Structured as a plan vanilla installment loan borrowers can utilize the business term loan for working capital.

Yearly top ups for existing loans are also available. At least 30 owned locally. Minimum turnover of s 300 000 per annum.

From micro loans to term loans and more. The loan sizes can range from 50 000 to 400 000 per bank with installments ranging from 3 to 5 years. Up to 5 years.