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 SME Working Capital Loan.
Businesses can continue to receive financing support through the EFS. For enquiries, contact us at email@example.com.
Get greater access to unsecured working capital loans of up to S$300,000 through the SME Working Capital Loan. Launched in June 2016, the loan acts as an additional financing option by helping eligible companies cope with larger working capital and cash flow needs.
Enterprise Singapore partners Participating Financial Institutions and co-shares 50% of loan default risks in the event of company insolvency.
Companies should meet the following criteria: