Business Loan
What are the loan schemes
available for SMEs?
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SME Working Capital Loan (Govt)
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Finance daily operating cash flow needs
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Maximum of $500,000 per Company
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Maximum loan repayment period of 5 years
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Business Loan (Bank & Financial Institutions)​​​
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Up to S$800,000
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Maximum loan repayment period of 5 years
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Flexible loan repayment terms with principal sum and flexible redemption terms
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Banks and financial institutions have different documentation requirements, interest rates, eligibility and risk assessment criteria.
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Basic Requirements
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Singapore registered company and operating locally
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Minimum 30% shareholding by Singaporean or Singapore PR
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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.
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Find out the most suitable financing scheme for you. Fill in this short application now for a non-obligatory consultation.
Frequently Asked Questions
Q: I am a sole-proprietor, am I eligible for these loan schemes?​
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A: Yes, registered sole proprietors with company bank accounts will be eligible to apply for either of the loan schemes. Other financial and credit requirements still apply.
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Q: Is it easier for companies to get loans through these schemes?
A: Yes and no. While basic credit criterias still apply, lenders are more open to issuing loans to young companies and industries that were affected by the lockdown.
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Q: My company has been dormant and only started operating recently, is it eligible for these loan schemes?
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A: Yes, if you have recent business activities (6months) and sound financials.
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Q: I have pending litigations and bad credit record. Am I eligible?
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A: Unfortunately, if you have a bad credit record, you will not be eligible for the loan. As for pending litigation, it is case by case basis.
