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How UOB's business kit helps support SMEs in operations and expansion efforts

The Editor
The Editor • 1 min read
How UOB's business kit helps support SMEs in operations and expansion efforts
The kit is eligible for Singapore-incorporated businesses with at least 30% local equity held directly or indirectly by Singaporeans and/or PRs holding a UOB business account. Photo: Bloomberg
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United Overseas Bank (UOB) has rolled out a new business kit that is aimed at supporting start-ups and small- and medium-sized enterprises (SMEs) in Singapore.

The kit, which is eligible for Singapore-incorporated businesses with at least 30% local equity held directly or indirectly by Singaporeans and/or permanent residents (PRs) holding a UOB business account, helps businesses manage and scale up their operations seamlessly through a series of targeted services.

This includes an e-Business account that offers free bulk GIRO transactions, access to the UOB Infinity and UOB SME app, as well as collateral-free bankers’ guarantee of up to $10,000 without placing any deposits and without annual and facility fees.

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