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Introduction
Asset Financing is a secured term loan scheme. If you are planning to purchase your own business premises (industrial warehouse, shop house, shop unit, etc) or other fixed assets (ships, etc) or looking for refinancing your existing loan, we could offer the best solutions.
Product Features
1) Choice of short term, medium term or long term tenor
2) High quantum of financing
3) Fixed term of repayment
Eligible Applicants
Applicable to all business entities registered in Singapore including sole-proprietors, partnerships, private limited companies and public companies for ship financing, commercial and/or industrial properties financing and refinancing activities.
Documents Required
1) Application form for Banking Facilities (can be obtained from the Bank)
2) Company and Business Profile
3) Certificate of Incorporation (if any)
4) Memorandum and Articles of Association, Directors’ Resolution
5) Past 3 years audited financial reports and latest financial reports
6) Income Tax Notice of Assessment for the last 2 years of sole-proprietors/ partners/directors
7) Detailed information on mortgaged assets and/or guarantors
8) Other relevant documents that may be required by the Bank from time to time
Application Procedures
To apply for Asset Financing, please contact our Corporate Banking Department @ 6412 8529.
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