Business Loan Bundle
- Sole Proprietor, Partnership or Private Limited Company
- Minimum 3 years in business
- Registered and operating in Singapore
- At least 30% local shareholding1
- Company's group annual sales of not more than S$100 million OR company's group employment size of not more than 20012
1Only applicable to SME Working Capital Loan or SME Microloan
2Annual sales turnover and employment size will be computed on a group basis (i.e. All levels up for corporate shareholders holding > 50% of total shareholding of the applicant company and any subsequent corporate parents, and subsidiaries all levels down).
BizMoney Loan rates and fees
|Interest rate||Facility rate||Annual fee|
|12.99% p.a.+||2% of the approved loan quantum||S$500 per year|
+Interest Rate Per Annum is 4.99% ("Margin") over the Bank's Business Board Rate prevailing from time to time. The Bank's Business Board Rate is currently 8% per annum.