A Singapore Government Agency Website
Enterprise Singapore Logo
  • Industries
    • Industry Type
      • Agri-tech
      • Air Transport
      • Built Environment
      • Digital / ICT
      • Electronics
      • Energy & Chemicals
      • Food Manufacturing
      • Food Services
      • Healthcare and Biomedical
      • Land Transport
      • Logistics
      • Marine & Offshore Engineering
      • Precision Engineering
      • Retail
      • Sea Transport
      • Urban Solutions
      • Wholesale Trade
    • Hub
      • Infrastructure Hub
      • Startup Hub
  • Overseas Markets
    • Africa
      • Ghana
      • Ivory Coast
      • Kenya
      • Morocco
      • Mozambique
      • Nigeria
      • South Africa
    • Asia Pacific
      • ASEAN
      • Australia
      • Cambodia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Myanmar
      • Philippines
      • South Korea
      • Thailand
      • Vietnam
    • Europe
      • France
      • Germany
      • Russia
      • Turkey
      • Netherlands
      • United Kingdom
    • Middle East
      • Egypt
      • Israel
      • Jordan
      • Oman
      • Qatar
      • Saudi Arabia
      • United Arab Emirates
    • North & Latin America
      • Brazil
      • Canada
      • Colombia
      • Mexico
      • Peru
      • United States of America
  • Quality & Standards
    • Standards
      • For Companies
      • For Partners
      • E-Alert for Standards
    • Accreditation
      • For Companies
      • For Conformity Assessment Bodies
      • For Partners
      • Mutual Recognition Arrangements (MRAs)
    • Business Excellence
    • Consumer Protection
      • For Suppliers
      • For Consumers
  • Financial Assistance
    • Grants
      • For Startups
      • For Local companies
      • For Partners
    • Loans & Insurance
      • Enterprise Financing Scheme (EFS)
      • Temporary Bridging Loan Programme
      • Internationalisation Finance Scheme (IFS) - Non-Recourse
      • Loan Insurance Scheme (LIS)
      • Political Risk Insurance Scheme (PRIS)
      • Trade Credit Insurance Scheme (TCIS)
    • Tax Incentives
      • Double Tax Deduction for Internationalisation (DTDi)
      • Global Trader Programme
      • Fund Management Incentive (FMI)
      • Section 13H Tax Incentive (S13H)
    • Investments
      • Startup SG Equity
      • Special Situation Fund for Startups (SSFS)
      • SEEDS Capital
      • EDBI
  • Non-Financial Assistance
    • For Singapore Companies
      • Supporting Your Startup Journey
      • Digital Programmes
      • Growth Partnership Programme
      • Business Toolkits
      • Talent Attraction and Development
      • Network of Partners
      • Export Guides
      • Free Trade Agreements
      • New Market Entry Support
    • For Foreign Companies
      • Join Singapore's Startup Hub
      • Living in Singapore
      • Setting Up in Singapore
      • Free Trade Agreements
      • Double Tax Avoidance Agreements
      • International Investment Agreements
    • For Individuals
      • Skills Development for Students
      • Skills Development for Mid-Career Professionals
      • Be Inspired
  • About Us
    • Overview
    • Vision & Mission
    • Board of Directors
    • Strategic Plan
    • Year-in-Review 2019
    • Careers
    • Media Centre
Search
  • Share
Non-Recourse Internationalisation Finance Schemes
  • Home
  • Financial Assistance
  • Loans & Insurance
  • Loans & Insurance
  • Internationalisation Finance Scheme (IFS) - Non-Recourse
Loans & Insurance
  • Enterprise Financing Scheme (EFS)
  • Temporary Bridging Loan Programme
    • Overview
    • Apply
  • Internationalisation Finance Scheme (IFS) - Non-Recourse
  • Loan Insurance Scheme (LIS)
  • Political Risk Insurance Scheme (PRIS)
  • Trade Credit Insurance Scheme (TCIS)

Internationalisation Finance Scheme (IFS) - Non-Recourse

1. Overview

About

Mid-sized companies can access up to S$50 million in project financing for local and overseas development projects with the Internationalisation Finance Scheme for Non-Recourse (IFS-NR).

Enterprise Singapore co-shares default risks with Participating Financial Institutions (PFIs) to look beyond the borrowers’ balance sheet and instead rely on project income streams when extending project finance loans.

Eligibility

Singapore-based companies with main business functions in Singapore and annual sales revenue (including subsidiaries) of less than S$500 million (for trading companies) and less than S$300m (for non-trading companies) may apply for IFS-NR.

In addition, the qualifying Singapore entity must have at least 30% equity share in the Special Purpose Vehicle and the overseas business must complement the Singapore company’s core operations and result in clear economic spin-offs to Singapore.

Apply

Participating Financial Institutions
Contact
DBS Bank Limited
1800 222 2200

Maybank Singapore Ltd and Malayan Banking
Berhad, Singapore Branch
1800 777 0022

Oversea-Chinese Banking Corporation Ltd
(OCBC Bank)
6538 1111

Resona Merchant Bank Asia Ltd
6224 7155 / 6228 6105

RHB Bank Berhad
1800 323 0100

United Overseas Bank Limited
6539 1236

 

To find out more

Call us at 6898 1800 or email us here.

 
TOP

Newsletter Sign Up

Get the latest news on how to grow your business - delivered straight to your inbox. Because growing your business is our business.

SUBSCRIBE
  • About Us
  • Media Centre
  • Careers
  • Events
  • E-Services
  • Resources
  • Inspiring Stories
  • Blog

Connect with us

  •  
  •  
  •  
Contact | Feedback
  • Sitemap
  • Terms of Use
  • Privacy Statement
  • Whistle-blowing
  • Report Vulnerability
  • Rate This Website

© 2018 Enterprise Singapore

(Last updated on 25 February 2020 18:15:39)