Home > Enhanced SME Working capital Loan.
Enhanced SME Working Capital Loan
Up to $1,000,000 collateral-free term loan.
New measures help companies to deal with the cash flow crisis and set for long-term strategic growth.
Loan Feature At A Glance
Finance operational cashflow needs.
Your business must meet the pre-requisite criteria.
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 not exceeding 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
The interested party can submit the mentioned documents for a free credit assessment.
A current copy of the Company's Bizfile.
Recent 6 months bank statements.
Current 2 years of the annual financial reports.
Current month loan summary declaration.
The business owner or director's IC and 2018 & 2019 NOAs.
From 31-March to 31-July-2020, you will enjoy one of the following privileges:
1-year loan repayment complimentary insurance cover*; or
Free corporate credit card*; or
Up to $300.00 cash discount*.
*Eligible company will enjoy any one of the privileges, terms and conditions applied.
*First come first served.
*Management reserved the right to change or end the offer without further notice.