SME Working Capital Loan

Do you require a larger working capital and cash flow? Access up to S$300,000 in unsecured financing through the SME Working Capital Loan.



Get greater access to unsecured working capital loans of up to S$300,000, through the SME Working Capital Loan. Launched in June 2016, the loan acts as an additional financing option by helping eligible companies cope with larger working capital and cash flow needs. The loan programme will be available till 31 May 2019.

Enterprise Singapore partners Participating Financial Institutions and co-shares 50% of loan default risks in the event of company insolvency.


  • Working Capital (e.g. daily operations)

Loan Quantum

  • Up to S$300,000

Repayment Period

  • Up to 5 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
  • Group annual sales of up to S$100 million or group employment size of not more than 200 employees*

*Annual sales turnover and employment size will be computed on a group basis (i.e. All levels for corporate shareholders holding > 50% of total shareholding of the applicant company and any subsequent corporate parents, and subsidiaries all levels down)


  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 the SME Working Capital Loan*.

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

Standard Chartered Bank

1800 743 3000

The Bank of East Asia Ltd

6602 7848 / 6602 7849

The Hongkong and Shanghai Banking Corporation Ltd

1800 216 9008 / 6216 9008

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, your company will receive funds from the financial institution.
  • Repayments typically start one month after disbursement of the loan.
  • Make repayments on time.