SME Micro Loan

Small companies with 10 or fewer employees can access up to S$100,000 through the SME Micro Loan to support your daily operations.



Small companies that are just starting out can apply for the SME Micro Loan that offers funding of up to S$100,000 to help you better manage daily operations and cashflow.

To make the loan more accessible to new companies set up in three years or less, Enterprise Singapore shares the risk of loan defaults with Participating Financial Institutions in the event of company insolvency.


  • Daily operations
  • Automating and upgrading factory and equipment

Loan Quantum

  • Up to S$100,000

Repayment Period

  • Up to 4 years

Interest Rate

  • Subject to Participating Financial Institutions’ assessments of risks involved



Companies should meet the following criteria:

  • Registered and operating in Singapore
  • At least 30% local shareholding
  • Annual sales of up to S$1 million or have up to 10 employees


  1. Ensure your business qualifies for the loan.
  2. Consult any of the Participating Financial Institutions for advice and assistance.
  3. Meet the financial institution with these supporting documents:
  • Business profile from ACRA
  • Audited accounts or certified financial statements
  • Bank statements
  • Personal income tax assessment of owners and directors
  • Other documents as required by your banker or financial institution

Interested companies may approach any of the following Participating Financial Institutions to apply for SME Micro Loans*.

Participating Financial Institutions Contact

DBS Bank Ltd

1800 222 2200

Ethoz Capital Ltd

6654 7799

Hong Leong Finance Ltd

1800 3388 338

IFS Capital Ltd

6270 7711

Malayan Banking Berhad

1800 777 0022

ORIX Leasing Singapore Ltd

6339 3622

Oversea-Chinese Banking Corporation Ltd

6538 1111

RHB Bank Berhad

1800 323 0100

Sing Investments & Finance Ltd

6305 0300

United Overseas Bank Ltd

1800 2266 121

*Subject to banks' credit approval



  • Application Form
    • Download and save the Local Enterprise Finance Scheme application form here.
    • Open the application form in Adobe Reader (free download).
    • For details and instructions on how to compile all required supporting documents for submission, refer to the application form guide here.
  • Processing of applications may take three weeks or more, depending on the size of the loan and other factors.


  • Upon successful application, you will receive funds from the participating financial institution.
  • Repayments typically start one month after disbursement of the loan.
  • Make repayments on time.