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Exchange Rate: July 4, 2025 11:00 am
FDB Bank | USD 3617 : 3626
FDB Bank | EUR 4267 : 4277
FDB Bank | SGD 2843 : 2850
FDB Bank | THB 133.85 : 134.05
FDB Bank | MYR 857 : 860
FDB Bank | JPY 25.00 : 25.10
FDB Bank | CNY 551 : 552

Commercial Term Loan (Secured)

We will help you to grow your business and ensure that we provide you with the necessary financial support required for your business to operate smoothly.

INTEREST RATE

  •  12.5% per annual to 15% per annual
  • The interest rate is variable rate pegged to a base rate i.e.,
  • Subject to maximum rate that can be charged according to the Central Bank.

LOAN TENOR

  • Short Term Loan – up to 1 year.
  • Medium Term Loan – up to 3 years

REPAYMENT

  • Monthly Amortization (EMI)
  • Monthly Interest and Principal Yearly

FEES

  • One-time application fee 1% on loan amount. (Application fees may be deducted from the loan amount).

ELIGIBLE BORROWER

  • Minimum business operation of 3 years
  • A valid business license to operate and local businesses registered with DICA.
  • Minimum 3 years of successful operation and a solid track record.
  • Must meet other criteria specified by FDB Bank.

COLLATERAL

  • Land and Building
  • Condo
  • Machinery
  • Inventories
  • Credit Guarantee Insurance (CGI)
  • Guarantees (Personal Guarantee, Corporate Guarantee)
  • Cash Collateral (Deposit)
  • Bond
  • Gold Bars
  • Others (Bank Acceptable Collateral)

Apply Now

Required Documents

  • NRC (Original/Copy)
  • Household Registration (Original/Copy)
  • Residence Recommendation from ward office (Original)
  • Applicant’s license one photo

  • Business license or YCDC license
  • DICA certificate of incorporation and company extract, company constitution
  • Meeting Resolution
  • Import/Export license.

  • Financial records (at least 2 years)
  • Income tax invoices (for the last fiscal 2 years)