SME Working Capital Loan
A government-assisted SME loan for your business needs
Fulfil your cash flow needs or business expansion plans with access to working capital through government-assisted SME funding.
Features and benefits
Get financing of up to S$300,000, repaid over 5 years
Full disbursement of funds at the start
No early redemption fees
Why get a business loan?
Take on projects with a high upfront cost
Get the funds needed to seize the right opportunities at the right time.
Speed up expansion plans
Be able to support rapid business growth or anticipated expansion plans with ease.
Cover a cash flow crunch
Navigate temporary or potential cash shortfalls with affordable short-term financing.
Prepare for the unexpected
Financially prepare your business for the unexpected with an extra line of credit.
Before you apply
Eligibility requirements
Business registration
The company must be incorporated in Singapore for at least 2 years
Business ownership
At least 30% owned by Singaporean or Singapore PR
Turnover
Group annual sales of up to S$100m or group employment size of not more than 200^
Terms and conditions
Collateral-free
*Terms and conditions apply. OCBC bank requires guarantor(s) to support the loan.
Turnover
^Annual sales turnover and employment size will be computed on a group basis (i.e. All levels up for corporate shareholders holding > 50% of total shareholding of the applicant company and any subsequent corporate parents, and subsidiaries all levels down)
Ready to apply?
Get your SME Working Capital Loan today with us
or call us at 1800-BIZLOAN (1800-2495626).
Articles you may like
FAQS
Common questions
What are my monthly instalments?
You can use our Business Loan Calculator to view your indicative monthly instalments based on the principal amount, tenor and effective interest rate.
How long does the application process take?
The loan application process takes less than 5 minutes when you connect to MyInfo or MyInfo Business. The loan amount approval can be granted within 1 business day.
Which financing products are suitable for my business?
Check out our loan recommender for your loan suitability or explore other financing products.
Other products you may like
SME Sustainable Financing
Financing to help you achieve your sustainable development goals
Short-term Financing
Turn your invoices into cash
Commercial Property Loan
Own or refinance your commercial property at low rates
Our awards and accolades