The Enterprise Financing Scheme (EFS) will be launched in October 2019 and streamlines eight financing scheme into one single umbrella with common eligibility criteria and a single application platform. It will replace the existing Internationalisation Finance Scheme.
Businesses can continue to receive financing support through the EFS. For enquiries, contact us at firstname.lastname@example.org.
Internationalisation Finance Scheme (IFS) is a programme designed to assist aspiring Singapore-based companies who wish to venture abroad and are in need of financing facility. IFS provides indemnification to Participating Financial Institutions (PFIs) who provide the facility.
With IFS, companies have the opportunity to access financing facilities provided by PFI in the following categories:
Interest rates, repayment structures and collateral requirements will be determined by PFIs.
Singapore companies in Marine and Offshore Engineering can access up to S$70 million in credit facilities. For more information, click here
Mid-sized companies who are seeking information and support to undertake projects can find out more here.
Singapore-based companies with main business functions in Singapore and annual sales revenue (including subsidiaries) of less than S$500 million (for trading companies) or less than S$300 million (for non-trading companies) may apply.
For more information on how we can work with you to grow your business, click here.