The LEFS Singapore Bridging Loan is designed to help local enterprises gain access to short-term financing to augment their working capital requirement needs. The maximum tenure for this loan is two years and the minimum effective interest rate is at 5.50%
BASIC REQUIREMENT
- Must be Singapore registered SME company
- At least 3 years in business
- Annual Turnover S$300K and more
- Minimum 30% shareholding by Singaporean or Singapore PR
No more than 2 return cheques in 6 months |