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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

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Mindy Tan

Mindy Tan

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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