Commercial Vehicle Financing
Announcement: Revision of Late Payment Interest And/Or Default Interest For Vehicle/Equipment Loan We would like to inform you that with effect from 01/07/2014, the late payment interest and/or default interest will be revised as follows:- Late Payment Interest And/Or Default Interest (with effect from 01/07/2014) 5% per annum above the Bank's prevailing prime lending rate, subject to minimum of SGD$80. For further enquiries, please contact our 24-hour call Centre at 1800 22 66 121. |
UOB Business Banking provides hire purchase financing for your purchase of vehicles that can ease your business cash flow by spreading the purchase price over a period of up to ten years. We will acquire and retain legal ownership of the financed asset, while you will be the hirer. The ownership of the financed asset will be transferred to you upon full payment of loan instalments.
With our attractive interest rates and flexible repayment period, you can now acquire a vehicle while better managing your cash flow.
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