Working Capital Loan

Finance operational cashflow needs

MAXIMUM LOAN QUANTUM	S$500,000 / borrower Note: Borrowers are subject to an overall borrower group limit of S$5 million for EFS-WCL. In addition, there is an overall loan exposure limit of S$50 million per borrower group¹ across all facilities.
MAXIMUM REPAYMENT PERIOD	5 years
RISK-SHARE	Risk share is at 50% Young enterprises² may receive a risk share of 70%. The borrower is responsible to repay 100% of the loan amount When defaults occur, the participating Financial Institutions (FIs) are obligated to follow their standard commercial recovery procedure, including the realisation of security, before they can make a claim against EnterpriseSG for the unrecovered amount in proportion to the risk-share
INTEREST RATE	Subject to the PFIs’ assessments of risks involved.

¹ Borrower Group consists of the following:

Borrower
Corporate shareholders holding more than 50% at all levels up
Subsidiaries where the Applicant company holds more than 50% shareholdings and subsequent subsidiaries at all levels down
Subsidiaries where the Applicant’s Ultimate Parent Company holds more than 50% shareholdings and their subsidiaries at all levels down

² Young enterprises refer to firms formed within the past 5 years with at least 1 employee and more than 50% equity owned by individuals.

Working capital injection for cash flow or business expansion purposes.

Improve your cash flow with the use of specific trade facilities such as Letter of Credit

Utilize revolving credit facilities to provide liquidity for company’s day-to-day Trust Receipt, Factoring, etc. operations.

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