Working Capital

Working Capital Loan Secured by Used Equipment

Mortgage your existing equipment for extra funds

Now, you can mortgage your existing equipment to acquire a working capital loan. You may borrow up to 70% of equipment value and not exceeding a maximum of RMB 5 million. The loan is secured by your used equipment of less than seven years and does not require other collaterals such as property. You can also opt for a flexible payment plan that complements your cash flow cycle for better management of your financing costs.

 

Why choose DBS Working Capital Loan Secured by Used Equipment?

  • Additional financing source other than traditional property mortgage
  • Easy to apply
  • Flexible payment plan that meet your needs

FAQs

What is the maximum loan amount?

You may borrow up to RMB 5 million or 70% of your equipment value. Kindly note that the age of the equipment has to be less than seven years in usage.

What are the loan tenures and payment terms?

Flexible payment plan up to one year can be arranged.

How to determine the Equipment value?

The equipment value is determined by our approved appraising companies.

Do I need to insure the equipment?

Yes, you are required to take out an all-risks insurance policy at its prevailing market value.

 

How do I apply?

Simply call us at 400 820 8988 (or +86 400 820 8988 if you're overseas) or visit any of our Branches. You may also email us and our Relationship Manager will contact you as soon as possible.

 

Disclaimer:

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The information provided on this website is subject to change without notice, its accuracy is not guaranteed, and it may be incomplete or condensed. Accordingly, no representation or warranty, express or implied, is made as to the accuracy, completeness or fairness of the information in this website. We are not acting as your advisor or agent when providing the information in this website. The information in this website does not purport to identify the risks (direct or indirect) or other material considerations which may be associated with you entering into a particular transaction, subscribing for a particular service or purchasing or selling a particular security or financial instrument. Prior to entering into any proposed transaction or entering into any subscription, purchase or sale of any security or financial instrument, you should determine (after consultation with your own advisors if you deem fit), without reliance upon us or our affiliates, the economic risks and merits, as well as the legal, tax, accounting or other material characterisations and consequences of the transaction, subscription, purchase or sale, as the case may be, and that you are able to assume these risks.

 

We, and/or our affiliates, may hold, or trade, or act as market-maker, in any securities or other financial instruments mentioned in this website or related derivatives or may take positions or use trading strategies in respect of any asset class similar to or which differ from or be contrary to those mentioned in this website. We, and/or our affiliates conduct many businesses and activities that may relate to issuers of third party securities mentioned in this website and may provide broking, banking and other financial services to such issuers.

 

Anyone receiving or accessing this website must make their own assessment of the materials herein and conduct such investigations and seek such professional advice as they think fit for such purpose. The information provided on this site should not be regarded by recipients as a substitute for the exercise of their own judgment.

 

© DBS BANK LTD, 2013. All rights reserved. Any unauthorized use, duplication or disclosure is prohibited by law and will result in prosecution.

Awards
Best SME Financing/Cash (Highly Commended) 2015

Best SME Financing/Cash (Highly Commended) 2015

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