Enterprise Financing Scheme (EFS) - Project Loan
The EFS-PL finances the fulfilment of secured overseas projects, with an enhanced component for domestic projects available to construction-related enterprises. It supports a broad range of project-related financing needs. Supportable loan types include working capital loan, factory/building/land (purchase/renovation/construction), equipment/machineries/vessels/other fixed assets/machinery hire purchase, and guarantees. Must be for secured sales orders and/or projects, not solely for general working capital.
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
Must have secured sales orders and/or projects tied to the financing
- 05
For domestic projects: Enterprises with SSIC codes beginning with 41, 42, or 43
- 06
Overall exposure limit S$50 million per borrower group
Frequently Asked Questions
Secured overseas projects, and domestic projects for construction-related enterprises (SSIC codes 41, 42, 43).
Up to S$50 million per borrower for overseas projects; S$15 million for domestic projects (valid 1 Apr 2024 – 31 Mar 2025).
Up to 15 years maximum repayment period.
Working capital, factory/building/land (purchase/renovation/construction), equipment/machineries/vessels, and guarantees.
Yes, must be for secured sales orders and/or projects tied to the financing, not solely for general working capital.