Singapore Government Business Loans

Access Enterprise Financing Scheme and MAS-backed funding programs

About Government Business Support

Singapore government business loan schemes provide access to funding backed by the Monetary Authority of Singapore (MAS) and Enterprise Singapore. These programs offer risk-sharing, competitive rates, and comprehensive support to help SMEs grow and scale.

Key Features

🏛️

MAS Backing

Supported by Monetary Authority of Singapore

🛡️

Risk Sharing

Government shares 50-70% of loan risk

💰

Competitive Rates

Lower interest rates from 5% onwards

👥

Enterprise Singapore Support

Business development guidance

Application Process

1

Check Eligibility

Review program requirements

2

Prepare Documentation

Gather required information

3

Submit Application

Apply through approved channels

4

Assessment

Application review process

Available Programs

Enterprise Financing Scheme (EFS)

Government-backed loans up to S$15 million with risk-sharing

  • Up to S$15 million financing
  • 70% government risk-sharing for young enterprises
  • 50% risk-sharing for mature SMEs
  • Competitive interest rates from 5% onwards

SME Working Capital Loan (EFS-WCL)

Up to S$500,000 for working capital needs

  • Maximum S$500,000 loan amount
  • Up to 5 years repayment term
  • 70% government risk-sharing
  • Streamlined application process

Sustainable Finance Incentive Scheme

Green financing for sustainable business practices

  • Preferential interest rates
  • ESG compliance support
  • Sustainability project funding
  • MAS-backed green finance initiatives

Startup SG Loan

Government support for early-stage startups

  • Up to S$3 million financing
  • Flexible repayment terms
  • Startup-friendly criteria
  • Enterprise Singapore backing

Basic Requirements

  • Singapore registered business (ACRA)
  • Minimum 30% local shareholding
  • Annual sales turnover up to S$500 million
  • Good credit standing and financial track record

Documentation

  • Audited financial statements (2-3 years)
  • Business registration (UEN certificate)
  • Cash flow projections
  • Detailed business plan and loan purpose

Business Loan Calculator Singapore

Calculate loan repayments with Singapore rates from DBS, OCBC, UOB & more

S$

Minimum S$10,000 - Maximum S$10,000,000

Singapore business loan rates typically range from 3% to 25%

Loan Calculation Results

Enter loan details to see repayment breakdown

Singapore Business Loan Rates Comparison

Current rates from major lenders (updated weekly)

Lender Min Rate Max Amount Approval Time Best For
DBS Bank 3.5% p.a. S$10M 5-7 days Established businesses
OCBC Bank 3.8% p.a. S$5M 5-7 days SMEs with good credit
Bizcap 8.0% p.a. S$500K 24 hours Fast funding needed
Funding Societies 6.5% p.a. S$1M 2-3 days P2P lending

Ready to Access Government Support?

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