UOB to offer pre-approved loans of up to S$200,000 to small businesses impacted by Covid-19

Singapore

UNITED Overseas Bank (UOB) on Tuesday announced that it will offer pre-approved loans of up to S$200,000 to ease the short-term liquidity woes of small businesses hit by the novel coronavirus fallout.

These loans will be offered to the bank's small-business customers with a good repayment track record and at least a 12-month borrowing relationship with the bank, said UOB in a statement.