tug-and-barge-financing

Vessel Financing

Finance your vessel or ship with minimal upfront capital

Vessel Financing

Finance your vessel or ship with minimal upfront capital

At a Glance
Looking to expand your fleet? Finance your growth with our Vessel Financing solutions.
money

Predetermined instalments

Ease your cash flow with predetermined instalments that meet your needs

business

Competitive interest rate

Control your costs with competitive interest rates

content

Collateral requirement

As a source of collateral with our financing scheme, applies to tug boats, barges and intra-island water transportation devices

How to Apply

Please contact DBS BusinessCare by calling 1500 327 (Indonesia) or +6221 2985 2800 (Overseas) on Monday to Friday (except public holidays), between 08:00 - 17.00 and our Relationship Manager will be glad to assist you.

You may need to provide the following documents :

  1. Your Basic Information (BI)
  2. Purpose of credit facility
  3. Financial statement
  4. Copies of bank statement
  5. Appraisal report
  6. Legal documents - Deed of Establishment, Company Registration information, Business Licenses, Work contracts
  7. Collateral documents
FAQs
How long is the longest repayment period?

The loan tenure is up to five years.
In which country should the vessel be registered?

The vessel should be registered in Indonesia and bear the Indonesian flag.
What are the acceptable vessel classifications?

Acceptable classifications include the American Bureau of Shipping, Bureau Veritas, Germanisher Lloyd, Lloyd's Register of Shipping, Nippon Kaiji Kyokai, Det Norske Veritas, and Biro Klasifikasi Indonesia.

Related