Key Cash-Flow Reliefs    Helping Companies To  Stay Out Liquidity Trap

The spread of COVID-19 has paralyzed the global economy into the great recession and the bankrupted companies are reported at a relentless pace. 

 

Act fast to respond to this pandemic threat to avoid becoming the next financial victim at this economic crisis. Let's our experts helping your companies to assess, guide and nurture the stable financial conditions. 

Total

$60b

3 Key Budgets - Unity, Resilience & Solidarity, Save Businesses, Jobs & Families.

$15.1b

Job Support Scheme

$3.7m

Deferred Tax Payment

$1.8b

Property Tax Rebate

$350m

Aviation Support

$22.4b

Loan Capital Support

$1.2b

Self-Employed Support

$145m

Unemployment Support

$4.6b

Care & Support Package

References For Deferment Or Debt Moratorium.

Series Of Capital Measures Helping Companies To Solve The Financial Difficulties Caused By Covid-19.

In all, a total of nearly $59.9b budgets have rolled out in February 2020 (Unity, $6.4b), March 2020 (Resilience, $48.4b) and April 2020 (Solidarity, $5.1b) to cushion the fallout from COVID-19. Businesses, workers and families can make use of these capital supports to deal with the negative cash flow issues and take advantage to embrace new growth opportunities.   

 

The new financing measures are providing companies with cheap working capital loans to overcome the current predicaments and improve capabilities to drive for business growth.

3 Key Cashflow Loan Supports For All Businesses:

  • Loan amount increased from $600k to $1m;

  • Fixed interest rate from 1.96% pa;

  • Commenced from Mar 20 to Mar 21.

  • Loan amount increased from $1m to $5m;

  • Fixed interest rate from 1.56% pa;

  • Commenced from Mar 20 to Mar 21.

  • Revolving trade to make the purchase of stock.

  • Attractive interest rate & fee;

  • Up to 80% insurance subsidy.

Businesses are eligible to request for deferment of principal payments of the business loans and paying interest cost for the next 6 months or 12 months.

Other Government Capital Loans Support.

Individuals or consumers are eligible to request for the following deferment of loans or health insurance:

 

  • Unsecured debts - credit cards, revolving lines of credit and can convert into low-interest cost term loan before Dec 31.

  • Secured home loans - owner-occupied and investment residential properties are able to get help to defer for principal and interest payment up to Dec 31.

  • Life & health insurance premium - given an option to defer premium for up to six months due between Apr 1 and Sept 30.

  • $30m SME Fixed Asset Loan - Finance local and overseas fixed assets investment.

  • $5m Venture Debt Loan - Finance the new growing innovative business.

  • $50m Project Finance - Finance the awarded overseas projects.

  • $50m Merger & Acquisition Finance - Support the acquisition of local or oversea enterprises.

  • Trade Credit Insurance Scheme - Protect against non-payment by the new customers.

  • Political Risk Insurance Scheme - Safeguard companies overseas projects against political uncertainty.

 

These financing and protection initiatives are providing to companies to venture overseas markets with the intent to drive for long-term economic growth and internationalization.

 

Financing Journey Starts From Here.

Let us demonstrate the smart ways to finance your business.

Contact Us For Financing Inquiry.
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Capitalizing on the various government grants and schemes to transform, innovate, and increase productivity.

 

The digitalization of the business processes is vital to driving for continuing growth.  Capitalizing on the available schemes of the subsidized funds to defray parts of the qualified transformation costs affordable and riding through digitalizing journeys.

 

Companies should take conscious approaches to adopt the right strategy for developing new values or fresh revenues to create promising business models and opportunities to move the companies for future growth.  

Keyboard and Mouse
 

Enhancement Grants

  • Digital Resilience Bonus (DRB) - Design for F&B and retail sectors.

  • Enterprise Development Grant (EDG) - Supporting in business upgrading, innovation and internationalization.

  • Productivity Solutions Grant (PSG) - Kickstart of adoption of IT solutions and equipment

Training & Supports

  • Enhanced Training Support & Absentee Payroll - Aims to help the selected sectors to tide over

  • SkillsFuture Enterprise Credit (SFEC) - Encourage employers to invest in transformation & capabilities of their employees.

  • Workfare Skills Support - Encourage employers to send  workers for training.

Covid 19 Supports

  • Specialized Cleaning Program - For defraying Covid-19 costs for firms affected Covid-19 case.

  • Career Supports Program - Salary support for employers for hire eligible skilled local.

  • SGUnited Traineeship - Offering to local first-time job-hunter.

  • Career Trial - Salary support for employer to hire trial for local.  

Use The Government Grants To Upskill & Upscale Capabilities.

 

Our Core Services

Deliver First-Class Rated SME Financial Services To Businesses since 2005.

Good credit and cash likely shaping businesses with stronger financial strengths and resilience allow the company more easily to navigating in the tough market conditions. 

 

Over the past 15 years, we continue working hard and introduce an array of financial services with the aim to serve our clientele well to deal with future challenges and meeting long-term business needs.

Responsible financing solutions meet all SMEs & big corporations' capital & business needs.

Outsourced CFO Services

Reshaping company's financial strengths to prepare for future fast-change market environments.

Outsource Account Services

Switch over to cloud-based accounting platform for 24/7 viewing of the financial reports.

P2P Financing Solutions 

New financing gateways, a 2nd pillars supporting for our tomorrow emerging markets.

Business Protection

Mitigating the non-payment and credit risks in the unforeseen market conditions.

Financial Advisory Services

Knowing the insights of the company's financial conditions & set strategy to improve the KPIs.

Personal Loan Solutions 

Inspire healthy financial lifestyles & keeps financially fits for family and personal routine needs.

Grants & Incentives

Get the key cash-flows resources to improve the operational and the market-competitive edges.

Business Advisory Services

Reshaping company's business models and keeps compliance in-line with regulatory requirements.

Banks & PFIs - Working Capital Loans /

SME Business Loans 

Attractive Features - Higher loan quantum, attractive interest rates, and longer repayment periods offering from the following banks and the participating financial institutions:

  • Annual Interest rate: From 1.56% pa (equivalent 5.0% pa effective rate).

  • Repayment period: Up to 60 months.

  • Facility fee: 1% (one-time).

  • Loan quantum: Up to S$1,000,000 (SME working capital loan).

  • Loan quantum: Up to S$5,000,000 (Bridging loan).

  • Multi-products source: Term loan, overdraft, corporate credit card.

CitiBusiness / CIMB / DBS / Maybank​ / RHB / OCBC / SCB / UOB /    Hong Leong Finance / Sing Investment / Singapura Finance

Orix Leasing / IFS Capital / Ethoz Capital

P2P / Alternatives - Fintech

Business Loans 

Attractive Features - Speedy loan approval, digitalize transactions and fast loan disbursement offering from the following crowd-funding platforms and the private-owned lending companies:

  • Monthly Interest rate: From 1.79% to 3.5% per month.

  • Repayment period: Up to 12 months.

  • Facility fee: 3% to 5% (one-time).

  • Loan quantum: Up to S$500,000 (Commercial).

  • Products source: Term loan.

  • Other related sources: Invoice financing.

Funding Societies / Moolahsense / Capitall / Validus Capital

Aspire Financial / Multiply / Minterest / Fundtier / Xingang Investment  Crowd-Genie / Seedin / Kapital Boost

 

Easy Loan Process In 3 Simple Steps.

The safe and intelligent ways financing your businesses.

For access to the fast loan, simply contact us by:

Our friendly consultant will contact you to understand the loan requirements and demonstrate the best ways to meet your financing expectations.

 

Easy Online Application

Fill up the forms and submit the required documents.

Confirm Your Details

Contact you to confirm your loan requirements and documents.

Get Your Money

Money will deposit by FAST transfer to your bank account.

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Our Services

About Us

Our Office Address

2 Suffolk Road #19-02 Lucida

Singapore 307780.

Mobile: (65) 97500 281

Tel: (65) 6611 2918

Working hours: 9.00am to 6.00pm

(Monday to Friday)

2020 SME Financial Services Pte Ltd (Registration No: 200515103D),

a Singapore registered company.  All Rights Reserved.