Financial Assistance and Loans

Types of Loans

  • Unsecured Business Term Loan 
  • Trade Financing Line
  • Factoring / Receivables Invoice financial
  • Overdraft
  • Equipment/Machinery Loan
  • Commercial/Industrial Property Loan
  • Alternative Financing/P2P Crowdfunding 

Government Supported Financing Scheme

As an ever growing nation, Singapore has set many schemes in place to provide financial assistance to new startups and growing businesses.

Enterprise Singapore, a government entity, has initiated SME Loan schemes with participating financial institutions to help small companies get funding to better manage daily operations and cash flow.

The applicant company must be a Singapore registered company with at least 30% local shareholder, depending on the loan scheme, the group annual sales must not exceed the cap or group employment size must not exceed the limit.

Enterprise Singapore shares the risk of loan default with the participating financial institution. These loans generally have lower interests.'

We recommend SMEs to consider using these schemes to get the funding it requires for growth and daily operations if the company is eligible:

SME Micro Loan

The SME Micro Loan is implemented to assist small companies with 10 or fewer employees to access up to $100,000 to support the daily operations of the business. Enterprise Singapore shares the loan defaults with participating financial institutions. 

  • Loan Quantum: Up to S$100,000
  • Repayment Period: Up to 4 Years
  • Interest Rate: Subject to Participating Financial Institutions’ assessments of risks involvedEligibility

Companies should meet the following criteria:

  • Registered and operating in Singapore
  • At least 30% local shareholding
  • Annual sales of up to S$1 million or have up to 10 employees

*Information obtained on Enterprise Singapore's website on 1st July 2018

SME  Working Capital Loan

The SME Working Capital Loan is implemented to assist companies to access up to $300,000 to support the daily operations of the business. Enterprise Singapore shares the loan defaults with participating financial institutions. 

  • Loan Quantum: Up to S$300,000
  • Repayment Period: Up to 5 years
  • Interest Rate: Subject to Participating Financial Institutions’ assessments of risks involved

Companies should meet the following criteria:

  • Registered and operating in Singapore
  • At least 30% local shareholding
  • Group annual sales of up to S$100 million or group employment size of not more than 200 employees

*Information obtained on Enterprise Singapore's website on 1st July 2018

SME Venture Loan

The SME Venture Loan is implemented to assist FAst-growing and innovative companies to access up to $5,000,000 as working capital, asset financing, project financing or mergers & acquisitions. Enterprise Singapore shares the loan defaults with participating financial institutions. 

  • Loan Quantum: Up to S$5,000,000
  • Warrants: Required

Companies should meet the following criteria:

  • Registered and operating in Singapore
  • At least 30% local shareholding
  • Group annual sales of up to S$100 million or group employment size of up to 200 employees.

*Information obtained on Enterprise Singapore's website on 1st July 2018

SME Equipment and Factory Loan

The SME Equipment and Factory Loan is implemented to assist small and medium enterprises to access up to $15,000,000 as for the purchase of equipment or selected factory properties. Enterprise Singapore shares the loan defaults with participating financial institutions. 

  • Loan Quantum: Up to S$15,000,000
  • Repayment Period: Up to 8 years for equipment loans, Up to 10 years for factory loans
  • Interest Rate: Subject to Participating Financial Institutions’ assessments of risks involved

SMEs should meet the following criteria:

  • Registered and operating in Singapore
  • At least 30% local shareholding
  • Group annual sales of up to S$100m or group employment size of not more than 200

*Information obtained on Enterprise Singapore's website on 1st July 2018

There is a wide variety of financial loans and schemes offered by various banks and financial institutions. Most of these loans differ in financing criteria and requirement,

Depending on your requirements, we will appoint our affiliated banker best-suited to assist you for the loan application.

Banks we work with:

Bank Loan Enquiry

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    Upload your financial statement or relevant report, Business Profile, existing loans