Finance the purchase of local fixed assets for your business growth with Enterprise Singapore SME Fixed Assets Loan (Domestic).
Gain access to funds for your fixed asset purchases with SME Fixed Assets Loan (Domestic), offering financing up to 90%. This loan enables you to achieve your growth goals, including the automation and upgrading of factory facilities and equipment, as well as the financing of construction equipment and commercial vehicles.
With a flexible repayment tenure of up to 7 years and an attractive fixed interest rate, your business growth will not be hindered by excessively burdensome loan repayments. The fixed interest rate ensures that interest rate volatility is minimized, providing stability and predictability to your financial planning.
Our Relationship Managers are ready to assist you. Connect with them to learn more about how SME Fixed Assets Loan (Domestic) can help your business automate and upgrade your equipment, supporting your growth and success.
Features
Financing up to 90%
Leverage to make investment possible
Attractive fixed interest rate
Minimise interest rate volatility
Up to 7 years tenure
Enjoy flexible repayment term
Details
Type of Loan Facilities:
- Equipment/Machinery/Other Fixed Assets
Interest Rate:
- Fixed interest rate for Local Fixed Assets
Repayment Period:
- Up to 7 years maximum
Eligibility
- Be incorporated and operating in Singapore
- Minimum 30% local shareholding (Singaporeans or Singapore PRs)
- Group's annual sales turnover not exceeding S$100 million or group's employment size not more than 200
- Maximum Borrower Group revenue cap at S$500 million for all enterprises