Singapore based DBS Bank is launching an additional financing solution, DBS Quick Finance, to address the unmet working capital needs of SMEs in Singapore. DBS Quick Finance, through its platform DBS IDEAL, will enable almost instant access to financing of up to SGD300,000 (£186,576). Customers will be able to choose between an overdraft which can be drawn upon when needed or a working capital loan which will be serviced each month. The bank will offer this solution to identified customers.
