Overview

Finance the investment of domestic and overseas fixed assets, including:

Purchase of equipment and machines for automation and upgrading
Construction or purchase of government and commercial built factories and business premises

Maximum Loan Quantum	S$30 million / borrower group Note: Overall loan exposure limit of S$50 million per borrower group across all areas.
Maximum Repayment Period	15 years
Risk-Share	Risk share is at 50%. Young companies¹ or companies operating in a challenged market² may receive a risk share of 70%. The borrower is responsible for repayment of 100% of the loan amount. When defaults occur, the Participating Financial Institutions (PFIs) are obligated to follow their standard commercial recovery procedure, including the realisation of security, before they can make a claim against Enterprise Singapore for the unrecovered amount in proportion to risk-share.
Interest Rate	Subject to Participating Financial Institutions’ assessments of risks involved.

¹Young companies refer to firms formed within the past 5 years with at least 1 employee, and more than 50% equity owned by individuals.
²Challenged markets are defined as non-investment grade, i.e. Standard & Poor's (S&P) ratings of below BBB-.

Be registered and operating in Singapore
Have a minimum of 30% local shareholding
Maximum Borrower Group³ revenue cap of S$500 million for all enterprises
For “SME Fixed Assets”, the SME definition refers to Group revenue of up to S$100 million or maximum employment of 200 employees

³Borrower Group consists of the borrower as well as corporate shareholders that hold more than 50% of the total shareholding of the applicant company, and any subsequent corporate parents (all levels up) and subsidiaries all levels down. (Annual sales turnover and employment size are computed on a group basis).

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