SME Fixed Assets

• Term Loan for automation, upgrading or purchase of equipment and/or premises:
  • Factory loan (only JTC or HDB industrial properties)
  • Machinery term loan/Machinery hire purchase
• Attractive interest rates
• Low processing fee
• Fast approval

• Company registered and operating in Singapore
• At least 30% local shareholding
• Group annual sales¹ of <= S$100m or group employment size <= 200

¹ Annual sales turnover and employment size will be computed on a group basis (i.e. All levels up for corporate shareholders holding >50% of total shareholding of the applicant company and any subsequent corporate parents, and subsidiaries all levels down).

Required documents

• Last 2 years' audited accounts or certified financial statements (if applicable)
• Last 6 months' bank statements.
• Copy of NRIC (front and back) of owners/directors/partners/sole proprietor/guarantor(s)
• Latest personal Income Tax Notice of Assessment of owners/directors/partners/sole proprietor/guarantor(s)

Please refer to the Application Form for the complete list of required documents.

To apply, simply complete the EFS Application Form* and SME Banking Consent Form (PDF), and send them in with the required documents.

*If your browser is unable support display of the form, please click download and open the file with Adobe Acrobat Reader installed on your device.

For more information, call our Business Banking hotline 1800-777 0022.

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