Personalised to you
Customised solutions, including import loans and a wide range of trade financing services, are available depending on your trading cycle
Rewarding
Import Financing solutions fund the purchase of your goods
Quick ownership
Our import financing services can be facilitated on a trust receipt basis such that we pay your seller first, enabling you to take possession of your goods earlier
Customisable Import Financing facilities
Structure them around your trading cycle to meet your business needs
Reduce your wait time
Submit applications for import financing services or provide settlement instructions via our DBS IDEAL online banking platform
Stay in the know
Learn immediately when your import loan is disbursed with our DBS IDEAL service
Save money
Reduce costs with our competitive financing rates
To apply for any of our import financing services, simply submit your application form at one of our Trade Collection Branches or Enterprise Banking Centres. Alternatively, you can apply via DBS IDEAL.
To borrow or not to borrow? Borrow only if you can repay!
Will DBS remind me when my import loan is due? | |
No. The loan amount due will be automatically debited from your account on the due date. Please ensure that there are sufficient funds in your account. |
Can I ask for an extension on the due date? | |
Yes, however, this is subject to approval. The import loan period must not exceed the maximum period granted in the letter of offer. |
Can I repay the import loan before the due date? | |
Yes, however, you will be subject to a fee. Please contact us to find out more. |
What is the overdue / default interest rate? | |
Please refer to this link: Overdue / Default rate |
What can I do if my loan application is not accepted? Is there a process to review the decision? | |
If you have any questions or need to discuss the result of your loan application, please contact our "SME Credit Approval Review Hotline" at 2290 8050 or email to [email protected] |
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