Small and medium enterprise loans that are necessary for businesses
A loan plan that was capable of providing additional financing for affordable living or commercial loan securities or lacking proven track records. The government provides lenders with 75% guarantee on each individual loan. This scheme is provided by 45 highly recognized lenders, which includes all high street banks. With $ 44million annual turnover, minimum lending needs from $ 1000 to open for all lending decisions, EFG plans $1million up to SMEs.
These should be paid in three months and ten year terms. The Singapore research and development scheme provides short-term export finance to a practical SME, in which there is a lack of security to facilitate business opportunity.