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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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SME Management Action for Results (SMART) Initiative

The SME Management Action for Results (SMART) Initiative provides Singapore-based SMEs with consultancy advice and funding support to develop management systems and processes. Under the SMART Initiative, SMEs develop a roadmap to build their business capabilities in key business areas. Enhanced funding of 70% of the actual qualifying cost for consultancy incurred by the company on [...]

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