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Finance daily operational cashflow needs.
Note: The Enterprise Financing Scheme – SME Working Capital Loan (EFS-WCL) is enhanced until March 2021 to help SMEs with their working capital needs. The maximum loan quantum was raised from $600,000 to $1,000,000. Risk-share was also increased to up to 90%. Click here for frequently asked questions on the enhanced EFS-WCL, and here on EFS
- Be a business entity that is registered and physically present in Singapore
- At least 30% local equity held directly or indirectly by Singaporean(s) and/or Singapore PR(s), determined by the ultimate individual ownership
- Maximum Borrower Group revenue cap of S$500 million for all enterprises
- For “SME Working Capital”, the SME definition refers to Group revenue of up to S$100 million or maximum employment of 200 employees