equity.sg - [2023] Obtain Low Cost Business Financing in Singapore to S$5mil

Description: Obtain low cost business loans from S$50,000 to S$1M from approved banks and other non-bank options. Get bespoke financing for your business.

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The SME Working Capital Loan is a government supported initiative for SME’s and other businesses in Singapore. Part of the Enterprise Financing Scheme, qualified SME’s can obtain up to S$1,000,000 (One Million) from April 2020. This is an increase over the previous loan quantum of up to S$300,000.

The Temporary Bridging Loan is also a government supported initiative for businesses in Singapore. Suitable for fast growing SME and businesses in Singapore. Loan amounts are up to S$100,000 with no early repayment penalty.

Business Term Loans allow you to access credit from S$100,000 to S$2,000,000. Loan Tenures can be between 1 to 5 years at a flexible and affordable interest rate. In addition, customized loan products can be structured for the business according to your business requirements.