Trade loans help fund trade transactions throughout a firm’s trading cycle, improving its cashflow. Trade loans work as fully revolving credit facilities, which help fund a business between the time it has to pay for the purchased goods, and the time when the firm receives the funds from the sale of those goods
|MAXIMUM LOAN QUANTUM||S$10 million / borrower group
Overall loan exposure limit of S$50 million per borrower group across all areas.
|MAXIMUM REPAYMENT PERIOD||1 year|
|INTEREST RATE||Subject to PFIs’ assessments of risks involved.|
- Be registered and operating in Singapore
- Have a minimum of 30% local shareholding
- Maximum Borrower Group1 revenue cap of S$500 million for all enterprises
Quick Assessment Free Consultation
Bank statements for the last 6 months
Income Tax Notices of Assessment of Directors(s) for the last 2 years
Photocopy of NRIC (front & back) of guarantor(s)
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