Singapore-based M&OE companies can access working capital to finance their operations and bridge short-term cash flow gaps.
Enterprise Financing Scheme (EFS) ENHANCED
Companies looking for access to financing to grow their businesses can tap on ESG’s Enterprise Financing Scheme (EFS).
Internationalisation Finance Scheme (IFS) is a programme designed to assist aspiring Singapore-based companies who wish to venture abroad and are in need of financing facility.
Singapore-based Marine & Offshore Engineering (M&OE) companies can receive greater funding support through the enhanced Internationalisation Finance Scheme (IFS), to tide over the slowdown in the sector.
Mid-sized Singapore-based companies developing local and regional infrastructure projects can tap the IFS-NR to manage risk.
The LIS helps companies secure short-term trade financing by insuring banks against the insolvency risks of borrowers.
The PRIS provides a 50% subsidy on political risk insurance premiums for Singapore-based companies that venture overseas.
Companies can access financing of up to S$15 million to purchase equipment, machines or selected factory properties.
Small companies with 10 or fewer employees can access up to S$100,000 through the SME Micro Loan to support your daily operations.
Fast-growing and innovative companies can expand their operations with venture debt financing of up to S$5 million.
SME Working Capital Loan EXTENDED
Companies can get access to unsecured working capital financing of up to S$300,000 to support daily operations.
The TCIS protects companies against cashflow problems arising from situations beyond control such as non-payment from buyers.