Government Assistance Scheme

  • UOB Business Loan for SME

    Borrow up to S$550,000 | Response in 1 day | Faster & easier online application

    Apply in 5 min
  • government assistancegovernment assistance

    Partnership with Enterprise Singapore

Faster Application Online

Our online application process has been enhanced to be fast, simple and secure with MyInfo Business. Enjoy less hassle as the form gets pre-filled and there are less documents to submit.

Saves time

Fast application in just 5 minutes, less documents to submit

Secure and Simple

Online form gets pre-filled by retrieving your details via MyInfo Business

Fast Loan Disbursal

Upon full documents submitted and application is approved, sign the loan agreement and funds will be disbursed to your account

Overview

working capital loan

SME Working Capital Loan

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working capital loan

SME Micro Loan

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equipment loan

SME Equipment Loan

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  • Funding to meet your working capital needs
  • Finance up to S$300,0002,8
  • A fixed monthly repayment period of up to 5 years
  • Funding to meet your working capital needs
  • Finance up to S$100,0001,2
  • A fixed monthly repayment period of up to 4 years
  • Fund the purchase of new equipment or finance existing equipment
  • Financing of up to 90% of the market valuation or purchase price of your new equipment
  • Minimum interest of 4.25% for loan tenure of 4 years and below3
  • Minimum interest of 4.75% for loan tenure of more than 4 years3
  • Tenure matching your requirements of up to 8 years
lis

Loan Insurance Scheme (LIS)

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lis plus

Loan Insurance Scheme (LIS+)

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  • Short-term trade loans with an added benefit of a reduced trade risks
  • Risk is co-shared with 75% risk borne by insurers4
  • 50% of the premium will be supported by Enterprise Singapore
  • Available for both domestic and overseas trade facilities
  • Choose from Inventory/Stock Financing or Bill/Invoice/Account Receivable discounting with recourse
  • Insurance premium of 1.5% p.a. will be charged for the amount insured by Enterprise Singapore

Eligibility

  • Registered and operating in Singapore
  • At least 30% local shareholding
  • Company's group annual sales of not more than S$100 million OR
    company's group employment size of not more than 2005
  • Registered and operating in Singapore
  • Company has 10 or less employees OR
    has annual sales not exceeding S$1,000,000
  • At least 30% local shareholding
  • Company's group annual sales of not more than S$100 million OR
    company's group employment size of not more than 2005
  • Registered and operating in Singapore
  • At least 30% local shareholding
  • Company's group annual sales of not more than S$100 million OR
    company's group employment size of not more than 2005
  • Registered and operating in Singapore
  • At least 30% local shareholding
  • Company's group annual sales of not more than S$100 million OR
    company's group employment size of not more than 2005
  • Based in Singapore with at least 3 strategic business function6
  • Turnover of applicant's company and its subsidiaries must not exceed S$300 million for Non-Trading Companies and S$500 million for Trading Companies7

Note: For companies applying both domestic and export facilities, you will have to meet both set of criteria as described above.