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

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