Enterprise Financing Scheme – Green
(EFS-Green)

Enterprise Financing Scheme – Green is designed to assist local companies develop capabilities, build a track record, and capture growth opportunities in the green economy, catalysed by the Singapore Green Plan 2030.

Apply for the Scheme:

• To receive financing for green/sustainable initiatives.
• To execute or secure domestic or overseas green/sustainability projects.
• Develop new/enabling and/or adoption in areas of clean energy & decarbonisation; circular economy & resource optimization; green infrastructure transportation (Land, Sea and Air).

• Company registered and operating in Singapore
• Company has at least 30% local equity held directly or indirectly by Singaporean(s) and/or Singapore PR(s), determined by the ultimate individual ownership
• Company’s Group annual sales¹ turnover of not more than S$500 million
• Meets the criteria for EFS-Green’s Qualifying Green Sectors and Activities and Qualifying Borrower Types
• View Qualifying Green Sectors and Activities
• View Qualifying Borrower Types

¹ Annual sales turnover and employment size will be computed on a group basis (i.e. Borrower and Group shareholders that hold more than 50% of the total shareholding of the applicant company, and any subsequent corporate parents (all levels up), and subsidiaries all levels down. Annual sales turnover and employment size is computed on a group basis.

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, or request a call back with our Business Development Managers today.

To find out more on the Enterprise Financing Scheme Green: www.enterprisesg.gov.sg/financial-support/enterprise-financing-scheme---green