Features

Gain access to working capital loan

Gain funding through the use of loan insurance

Attractive loan quantum

Reap maximum benefits with high financial support

50% insurance premium subsidy

Pay only half of the premium with government subsidy

Eligibility

  • Locally incorporated businesses
  • Minimum 30% local shareholding (Singaporeans or Singapore PRs)
  • Group's employee size not more than 200 or group's annual sales not exceeding S$100 million

Loan Facilities & Quantum Limits

Types of Loan Facilities Maximum Loan Quantum
Inventory / Stock Financing Up to 100% of Purchase Price
Structured Pre-delivery Working Capital Up to 100% of Letters of Credit received or of Confirmed Sales Order
Factoring / Bill or Invoice or Accounts Receivable Discounting With Recourse Up to 90% of net invoice value
Letter of Guarantee Up to S$100,000 per Letter of Guarantee
Guarantee amount cannot be more than 20% of the contract value for construction related projects per Letter of Guarantee

Loan Insurance Scheme Parameters for Inventory / Stock Financing, Structured Pre-delivery Working Capital and Factoring / Bill or Invoice or Accounts Receivable Discounting With Recourse

Loan Insurance Scheme Parameters for Inventory / Stock Financing, Structured Pre-delivery, Working Capital and Factoring / Bill or Invoice or Accounts Receivable Discounting With Recourse

Parameters LIS LIS+
Maximum Loan Amount No limit S$5 million
Insurance Premium 1.75% p.a. at primary layer and 2.824% p.a.
at auto top-up layer

(Enterprise Singapore will subsidise 50%
of premium paid for eligible borrowers)
1.5% p.a. (on amount insured by government)

Loan Insurance Scheme Parameters for Letter of Guarantee

Parameters LIS
Maximum Loan Amount Up to 50% of the trade facility limit granted subject to a maximum of S$750,000
Insurance Premium 1.75% p.a.

(Enterprise Singapore will subsidise 50% of premium paid for eligible borrowers)

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