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S$2b available to SMEs over three years through SME Working Capital Loan
It is aimed at encouraging business growth and restructuring among SMEs
Published Tue, May 31, 2016 · 09:50 PM
Singapore
SMALL and medium-sized enterprises (SMEs) will have greater access to financing from Wednesday, with the launch of the SME Working Capital Loan programme.
Administered by Spring Singapore, the programme - introduced at Budget 2016 as one way of addressing SMEs' near-term concerns while encouraging business growth and restructuring - will be offered by 12 participating financial institutions.
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