Designed to assist aspiring Singapore-based companies who wish to venture abroad and are in need of financing facility.
Companies can choose from the following loans to support their overseas project or trading overseas :
- Structured Loan (including working capital expenses) and/or
- Banker’s Guarantee (Advance payment, performance/ warranty)
- Fixed asset loan (tied to project delivery)
Note: Enterprise Financing Scheme – Project Loan (EFS – PL) will be enhanced from 1 January 2021 until 31 March 2022 to support domestic projects for construction¹ companies. It will be further extended from 01 April 2022 to 31 March 2025.
¹Companies registered with SSIC codes beginning with 41, 42 or 43 may apply for the enhanced EFS-PL to support domestic projects.