Singapore-based Marine & Offshore Engineering (M&OE) companies can receive greater funding support through the enhanced Internationalisation Finance Scheme (IFS), to tide over the slowdown in the sector.
With IFS M&OE, companies have opportunities to access financing facilities provided by Participating Financial Institutions (PFIs) with maximum loan quantum of up to S$70 million in the following categories:
Interest rates, repayment structures and collateral requirements will be determined by PFIs.
To help M&OE companies finance operations and bridge short-term cash flow gaps, Enterprise Singapore will improve access to working capital through its bridging loan. Find out more here.
Email us here.