Enterprise Financing Scheme (EFS) - SME Fixed Assets Loan
The EFS-FA is designed for SMEs to finance investments in domestic and overseas fixed assets. It supports long-term capital investments that help businesses upgrade their operations and expand their capacity through equipment, machinery, and property acquisitions. Supported asset types include purchase of equipment and machines for automation and upgrading (new or resale), and purchase or construction of government- and commercial-built factories and business premises (new or resale).
Eligibility Criteria
- 01
Business entity registered and operating in Singapore
- 02
At least 30% local equity held by Singaporeans/PRs
- 03
SME: Group revenue up to S$100 million OR maximum employment size of 200 employees
- 04
Group Annual Sales Turnover not exceeding S$500 million
- 05
Overall exposure limit S$50 million per borrower group
Frequently Asked Questions
Purchase of equipment and machines for automation and upgrading (new or resale), purchase or construction of government- and commercial-built factories and business premises (new or resale).
Up to S$30 million per borrower with a borrower group limit of S$30 million for EFS-FA.
Maximum repayment period is 15 years.
50% (70% for young enterprises or challenged markets).
Yes, EFS-FA supports investments in both domestic and overseas fixed assets.