Proportion of small-scale industries with a loan or line of credit
To help companies better access financing, the Singapore Government supports eligible companies, including those from small-scale industries, via the Enterprise Financing Scheme (EFS). The EFS avails up to 70% Government risk-sharing across a wide range of business loans (e.g., working capital, fixed assets, trade, M&A, project, venture debt, green loans) to facilitate lending by Participating Financial Institutions (PFIs), for marginal loans who might otherwise not have been supported without the EFS.
Source : Enterprise Singapore
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