SME Working Capital Loan
SME Working Capital Loan

SME Working Capital Loan

The SME Working Capital Loan is a government assisted financing scheme introduced in Budget 2016. The scheme helps eligible SME companies access additional financing until March 2021.

Access up to $300K working capital to grow your business. Enterprise Singapore partners with participating banks and financial institutions with co-sharing of up to 70% on loan default risks.

There are 13 financial institutions participating in this scheme. Credit criteria & interest rates vary across the banks. We can provide your company with a direct comparison on all banks SME Working Capital Loan rates and eligibility terms.

Secure the funding you require under the SME Working Capital Loan to expand and scale your business!

Access up to
SGD$300k in unsecured financing

Is the SME Working Capital Loan for me?

Working Capital Loan is typically used by companies to cover day-to-day operational expenses. Under this SME financing scheme, Enterprise Singapore partners with participating financial institutions to bear 50% of credit risk in the event that a company defaults on the SME loan.

To qualify for the SME Working Capital Loan, your company must be registered and operating in Singapore. Your company must have at least 30% local shareholding, an annual sales turnover of not more than S$100,000,000, and a company size of not more than 200 employees.

It allows businesses to get greater access to business loans of up to S$300,000. The government assisted financing scheme was launched in 2016  to help small medium enterprises to tide over dry periods with sufficient working capital to meet cash flow needs.

Loan up to SGD$300,000 for Singapore SMEs

With fixed monthly repayments over 5 years

Fast repsonse

Get in touch with us along with the required documents and we will provide a response within 24 hours

No collateral required

There is no requirement to pledge any property or deposit as collateral to apply for this loan.

Why apply for a SME Working Capital Loan?

The purpose of the SME working capital loan in Singapore is to help business owners to tide through periods of slower revenues. Ideally, the main idea would be to allow ample time for the borrower to roll the money into revenue generating projects, where there will be sufficient returns for the borrower to repay the monthly installments.

As with firms in the construction business, or even a F&B shop, businesses that work on a project to project basis or rely on seasonal revenues, are bound to run into cash flow difficulties at some point. The objective of the SME loan is to ensure that business owners will have enough capital to continue business operations until business picks up again.

On the other hand, some business owners do not face cash flow problems. They take up the additional funds for the purpose of expanding their business.

This is a scenario where the SME working capital loan will serve a completely different purpose, and the SME owner could use the funds to seize a rare opportunity that could potentially propel his business into greater growth.


Companies applying for the SME Working Capital Loan should meet the following criteria:

  • Company registered and operating in Singapore
  • At least 30% local shareholding
  • Annual sales ≤ S$1m or ≤ 10 employees
  • Group annual sales of ≤ S$100m or group employment size ≤ 200^

^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)

Enquiries? Questions?

Send us an email, and our team of friendly consultants will get back to you at the earliest possible time.

Alternatively, you may wish to give us a call at +65 8815 7966 or visit us at our offices at 334 Kreta Ayer Road, #01-05, Singapore 080334 between our opening hours of  9am to 5pm.