Business Financing
Working Capital Loan:
The Working Capital Loan Programme (WCLP) provides access to working capital for business needs. The Working Capital Loan Programme is a government assisted financing scheme introduced to provide working capital of up to S$500,000 for SME owners. Enterprise Singapore partners with up to 18 banks/financial institutions with risk-sharing amongst Participating Financial Institutions (PFIs) and Enterprise Singapore. All eligible enterprises applying for the WCLP are subject to assessment by PFIs. For the inquiry
Business Term Loan:
Business Term Loan: Business Term Loan is a financing product offered directly by the banks. Business Term Loan provides necessary working capital for expansion. The maximum tenure can be up to 5 years and the interest rate can be tailored to the SME or Business, commensurate to risk.
Mortgage Financing :
Mortgage Financing: In real-time, compare and suss out the best package across various banks and financial institutions to help you achieve optimum cost savings for commercial and residential properties under your personal name, investment holding company, or operating company.
Trade Financing:
Enterprise Financing Scheme – Trade (EFS-Trade) to secure short-term trade financing for the purpose of: Inventory / stock financing facility, Structured pre-delivery working capital, Factoring / bill or invoice or accounts receivable discounting with recourse , Overseas Working Capital and Banker’s Guarantee (from 1 April 2021 onwards)
Invoice Financing:
Obtain up to 100% financing of invoice value of cross-border and domestic trade (applicable to invoices in various currencies) with simple documentation requirement and fast turnaround time
Crowd Funding & Peer to Peer Lending:
Alternative financing solutions for our clients. Funds will be requested from potential investors via digital platforms which serves as the intermediary between the requestor and the investor. Multiple investors can contribute their funds towards a request made by an SME
Private Financing & Licensed Money Lending:
Short term financing ranging from 3 -12 months through business-to-business direct lending