Enterprise Financing Scheme – Foreign-based Financial Institutions / Multilateral Development Banks

globe The scheme supports Singapore enterprises’ internationalisation efforts

Open for applications until 31 March 2028. All applications must be submitted and approved by a participating Financial Institution by 31 March 2028.

About this financing scheme

The Enterprise Financing Scheme – Foreign-based Financial Institutions / Multilateral Development Banks (EFS-FFI/MDB) aims to support Singapore enterprises to access finance from FFIs and MDBs when venturing overseas.

EnterpriseSG will provide 50% risk-share to catalyse the lending from participating Financial Institutions (FIs)

Loan types and details

Loan type	Supportable areas	Maximum Loan Quantum / borrower	Maximum Repayment Period
Working Capital Loan	Finance daily operational cashflow needs	S$300,000	Up to 5 years
Fixed Assets Loan	Purchase of equipment and machinery Construction of factories or purchase of land overseas	Subject to S$50,000,000 per Borrower Group across all EFS facilities	Up to 15 years
Trade Loan	Finance trade needs		Up to 1 year
Project Loan	Finance the fulfilment of secured overseas projects		Up to 15 years
Mergers & Acquisition Loan	Finance the mergers and acquisition of target enterprises and/or assets		Up to 5 years

Note: Total overall borrower group¹ limit exposure is S$50 million for EFS-FFI/MDB, EFS and EFS-Green.

EnterpriseSG Risk-share	Risk share is at 50% Borrowers are responsible to repay 100% of the loan amount When defaults occur, the participating FIs are obligated to follow their standard commercial recovery procedure. This includes the realisation of security, before they can make a claim against EnterpriseSG for the unrecovered amount in proportion to the risk-share
Interest Rate	Subject to participating FIs’ assessment of risks involved

¹ A Borrower Group consists of the following:

Borrower
Corporate shareholders holding more than 50% at all levels up
Subsidiaries where the Applicant company holds more than 50% shareholdings and subsequent subsidiaries at all levels down
Subsidiaries where the Applicant’s Ultimate Parent Company holds more than 50% shareholdings and their subsidiaries at all levels down

Eligibility

Business entity registered and operating in Singapore
- ACRA-registered Sole Proprietorships, Partnerships, Limited Liability Partnerships and Companies are eligible to apply
Company has at least 30% local equity held directly or indirectly by Singaporean(s) and/or Singapore PR(s), determined by the ultimate individual ownership
Company has a Group Annual Sales Turnover should not exceed S$500 million
For "Working Capital Loans", Company has Group revenue of up to S$100 million or a maximum employment size of 200 employees