Working Capital Loan

Flexible Financing for Singapore SMEs

 

Working Capital Loan supports local SMEs with fast, flexible financing for daily operations, cash flow needs, or business expansion. Borrow between S$100,000 and S$500,000, with repayment terms of up to 5 years—all with no collateral required for most applicants.

 

Key Features

• Loan Amount: S$100,000 to S$500,000

• Loan Tenure: Up to 5 years

• Interest Rates: Competitive and based on business profile

• Collateral: Typically unsecured

• Approval: Quick processing and fast disbursement

• Use Cases: Manage cash flow, purchase inventory, cover operational costs

 

Government Risk Sharing (Enterprise Financing Scheme - Working Capital Loan)

This loan is supported under the Enterprise Financing Scheme – Working Capital Loan (EFS-WCL) by Enterprise Singapore.

 

Under the scheme:

• The Singapore Government co-shares loan default risk with participating financial institutions.

• Government risk-share is up to 70% of the loan amount (subject to eligibility).

• This support helps make financing more accessible to SMEs with limited assets or shorter operating histories.

• Your business remains fully responsible for loan repayment, but the scheme helps lenders extend credit with more confidence.

 

The scheme is available to:

• Singapore-registered businesses

• With at least 30% local shareholding

• And an annual group revenue of up to S$500 million

• We work with Enterprise Singapore-accredited lenders to ensure your application is processed in line with the scheme's guidelines.

 

Benefits

• No need to pledge property or other assets

• Improve liquidity to manage day-to-day operations

• Peace of mind with government-backed support

• Flexible repayment terms aligned with your business cycle

 

Eligibility

• Registered and operating in Singapore (ACRA)

• At least 30% local shareholding

• Minimum 1 year in business

• Satisfactory credit standing of directors and company

 

Required Documents

• Latest 2 years of financial statements

• 6 months of company bank statements

• NRIC of directors

• NOA (Notice of Assessment) for directors

• Credit Bureau Report (if available)

 

Ready to Apply?

Talk to our loan consultants today and find the right working capital solution for your business.