Loan Insurance Scheme

Features

Gain access to working capital loan

Gain access to working capital loan

Gain funding through the use of loan insurance

Attractive loan quantum

Attractive loan quantum

Reap maximum benefits with high financial support

50% insurance premium subsidy

80% insurance premium subsidy

Pay lower premium with government subsidy

Details

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 (LIS) 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
Maximum Loan Amount No limit
Insurance Premium 2.5% p.a. at primary layer and 3.2% p.a. at auto top-up layer

(Enterprise Singapore will subsidise 80% of premium paid for eligible borrowers

Other Benefits

Eligible for free Hong Leong Finance Exclusive Privileges Programme membership

  • Enjoy up to 50% off for hotel dining and discounted hotel stay

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

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