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Archive for the Financing Schemes Category

Over-the-counter-capital (OTC Capital)

OTC Capital provides Singapore-based unlisted companies up to $5 million through the sale of shares to acquire funding from private investors such as individual investors, venture capitalists and private companies. Criteria To sell shares on OTC Capital, your company should have high growth potential, a strong management team, committed strategic investors and market capitalisation below [...]

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Local Enterprise Finance Scheme (LEFS)

This scheme provides a loan quantum of up to $15 million for all locally owned companies. The company may use the loan for automating and upgrading factory and equipment, and/or purchasing factory and business premises (only JTC Corporation or Housing & Development Board properties). Expanded to include financing of more types of construction equipment and [...]

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SME Micro Loan Programme (MLP)

Loans of up to $100,000 for local SMEs with 10 or less employees. Loan quantum has increased from $50K to $100K. The company may use the funds for for daily operations or for automating and upgrading factory and equipment. The loan quantum is up to a maximum of S$100,000. Interest rate applies on all loan, [...]

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