Debt Financing in Singapore

Post date: Oct 28, 2012 1:51:59 PM

There are two types of financing: equity and debt financing. Compared to equity financing, debt financing is generally more beneficial and less expensive if the companies can be very successful.

Companies can choose to have a debt financing offered by various financial institutions in Singapore, each with different interest rates and terms.

Debt Financing Schemes from Financial Institutions in Singapore

• • • Citibank

    • Standard Chartered Bank

    • Hong Kong and Shanghai Banking Corporation

    • Development Bank of Singapore

    • Oversea Chinese Banking Corporation

    • United Overseas Bank

    • GE Commercial Financing Singapore

    • IFS Capital Limited

    • Hong Leong Finance Limited

    • Sing Investments and Finance Limited

    • Singapura Finance Limited

Other Debt Financing Schemes

Micro Loan Programme

The maximum loan amount under this programme is S$50,000. Businesses can choose between a fixed interest (6.25% per annum) or variable interest rate loan. The loan repayment period is up to 4 years.

Related links:

www.business.gov.sg

www.spring.gov.sg

Local Enterprise Finance Scheme (LEFS)

The scheme offers loans of up to S$15 million.

Related links:

www.business.gov.sg

www.spring.gov.sg

Loan Insurance Scheme (LIS)

This scheme provides loan insurance to secure loans against default. The government will share the cost of the insurance premium with the borrower.

Related links:

www.business.gov.sg

www.spring.gov.sg

www.iesingapore.com

Internationalisation Finance Scheme (IFS)

This is an asset-based loan, or structured loan based on the value of sales order/contract amount/ project value, up to a maximum loan amount of S$15 million.

Related links:

www.business.gov.sg

www.iesingapore.com