Back to Grants
Reference: Enterprise SingaporeUpdated 2/5/2026

Enterprise Financing Scheme (EFS) - Mergers & Acquisitions Loan

Up to S$50 million per borrower or borrower group

The EFS-M&A finances the acquisition of local or overseas target enterprises with the intent of internationalisation. It provides substantial financing support to help Singapore enterprises grow through strategic acquisitions, both domestically and internationally. This scheme supports enterprises looking to expand their business footprint, acquire new capabilities, or enter new markets through mergers and acquisitions.

Eligibility Criteria

  • 01

    Business entity registered and operating in Singapore

  • 02

    At least 30% local equity held by Singaporeans/PRs

  • 03

    Group Annual Sales Turnover not exceeding S$500 million

  • 04

    Acquisition must be with intent of internationalisation

  • 05

    Overall exposure limit S$50 million per borrower group

Frequently Asked Questions

Acquisition of local or overseas target enterprises with the intent of internationalisation.

Up to S$50 million per borrower or borrower group.

Maximum repayment period is 5 years.

50% (70% for young enterprises or challenged markets).

Acquisition agreements, business plan showing internationalisation intent, financial statements, and supporting documents required by the FI.