Enterprise Financing Scheme – SME Working Capital Loan

A government-backed bank loan for an SME's day-to-day operating cash flow. Enterprise Singapore shares the default risk with the participating bank.

Run by

Enterprise Singapore

Funding

Up to SGD 500,000

Up to S$500,000 per borrower; maximum repayment period of 5 years. Borrower group limit of S$5 million for EFS-WCL.

Your share

Government risk share of 50% (70% for young enterprises). From 1 Sep 2026 to 31 Mar 2027, the risk share is 70% for all enterprises. The borrower repays 100% of the loan.

Who can apply

• Registered and operating in Singapore (sole proprietorships, partnerships, LLPs and companies)
• At least 30% local shareholding
• SME: group revenue up to S$100m or up to 200 employees
• Subject to the participating financial institution's credit assessment

How to apply

Apply through a participating bank, such as DBS, OCBC, UOB or Maybank.

Timing

Enhanced 70% risk share applies from 1 Sep 2026 to 31 Mar 2027.

Last checked

2026-10-11

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