to secure short term trade facilities.
Features
Additional Fundings
Tap on the government risk sharing scheme to gain access for trade financing lines
Customized Financing Solutions
Tailored solutions for your trade financing requirements
Flexible Securities Arrangement
Trade financing lines will be structured on either secured or unsecured basis depending on the strength of the applicant and types of loan facilities applied
Details
- Type of Loan Facilities:
- Inventory / Stock Financing
- Structured Pre-Delivery Working Capital
- Factoring (with Recourse)/ AR Discounting
- Maximum Loan Quantum: Up to S$10 million per Borrower subject to S$20 million max per Borrower Group
- Maximum Loan Tenure: 12 months with maximum door-to-door period of 18 months from risk attachment
- Risk Sharing Percentage:
- Standard: 50% (EnterpriseSG)
- Young Enterprise*: 70% (EnterpriseSG)
* Entities incorporated not more than 5 years with at least 1 employee and individuals (at one level up) owned more than 50% equity.
Eligibility
- Business entity that is registered and operating in Singapore
- Minimum 30% local shareholdings (Singaporean or Singapore PRs)
- Group's annual turnover not exceeding S$500 million
