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Grow your business with  a complete range of financial solutions with Business Working Capital Get in touch

Grow your business with  a complete range of financial solutions with Business Working Capital

Innovative one-stop financing facilities for businesses

Businesses can have the flexibility to select facilities based on needs so as to achieve better control of business cash flow and grow your business.

Eligibility & Documents

Eligibility

  • Sole Proprietors / Partnerships / Private Limited Companies
  • Singapore-registered business
  • 50% or more shareholdings is effectively held by Singaporeans / PRs
  • Minimum 3 years of business operations
  • Holding companies not allowed
  • Exclude entities which are majority owned (>=50%) by local Government or restricted by CDD standard or local regulations

Documents Required

  • Photocopies of Sole Proprietors’ / Partners’ / Principals’ / Directors’ Identity Cards / Passports
  • Company’s operating bank current account statements for the past 6 months or latest 4 quarters’ GST (Goods & Services tax) returns statements if you are a GST registered company
  • Copy of Sole Proprietors’ / Partners’ Income Tax Notice of Assessment
  • All other documents as per BWC Pre-screen Checklist

FAQs

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to $ 50,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.