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Enterprise Financing Scheme

Project Financing

For SME to execute or secure projects or orders.

Benefits


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.

Eligibility


  • Be a business entity that is registered and physically present in Singapore, and
  • At least 30% local equity held directly or indirectly by Singaporean(s) and/or Singapore PR(s), determined by the ultimate individual ownership, and
  • Maximum Borrower Group revenue cap of S$500 million for all enterprises.

How to Apply


  • Seize the opportunity that will take your company to the next level of success. For more information, call 1800-MAYBANK (1800-629 2265) or (65) 6533 5229 (overseas) or Make an appointment with us today with our Retail Finance Executives.

For more information on the Enterprise Financing Scheme: www.enterprisesg.gov.sg/efs