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Enterprise Financing Scheme
Government Financing Scheme
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What is a Enterprise Financing Scheme?

With effect from 29 Oct 2019, Enterprise Singapore’s (previously SPRING Singapore) existing financing schemes were streamlined into one umbrella scheme known as the Enterprise Financing Scheme (EFS). 


The Enterprise Financing Scheme (EFS) is an initiative by the Singapore Government, designed to support companies across all industries throughout all stages of growth in Singapore and is offered in conjunction with Banks. 

*As announced on 12 Oct 2020, TBLP will be extended from 1 Apr 2021 to 30 Sep 2021. Under this extension, the Government’s risk-share on the loan will be lowered to 70% with the maximum loan quantum lowered to S$3 million.


As announced on 5 Jul 2021, TBLP will be further extended for 6 months, from 1 Oct 2021 to 31 Mar 2022, under the same parameters.

  1. SME Enhanced Working Capital Loan


      Finance daily operating cash flow needs
    • Maximum of $300,000 per borrower

    • Maximum loan repayment period of 5 years

  2. SME Temporary Bridging Loan

  3. ​​

    • Designed to help SMEs tide through Covid19 disruptions​

    • Maximum of $3,000,000 per Company

    • Maximum loan repayment period of 5 years

    • Flexible loan repayment terms

  4. SME Fixed Asset Loan

    • Financing investment of domestic or foreign fixed assets including machines for automation or upgrading, factories or business premises

    • Maximum loan of $30 million per borrower group

    • Maximum loan repayment period of 15 years

You can find out more about other types of loans offered under EFS scheme here.


Financial institutions have different documentation requirements, interest rates, eligibility and risk assessment criteria. 


Basic Requirements
  • Singapore registered company and operating locally

  • Minimum 30% shareholding by Singaporean or Singapore PR

  • Group revenue of up to S$50 million 

Our finance consultants have processed hundreds of applications for business loans, we can help you reduce processing time, compare to get the lowest rates and maximize your financing amount. 

Find out the most suitable financing scheme for you. Fill in a short application now for a non-obligatory consultation.

Would you like to get yourself assessed for eligibility?
Fill in a form and find out more about your options. 
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