March 27 2023

Annouced in Budget 2023: Enterprise Financing Scheme will be extended till 31 March 2024

Starting from October 29, 2019, Enterprise Singapore merged their current financing schemes into a unified program called the Enterprise Financing Scheme (EFS). This scheme aims to simplify the financing process for Singaporean enterprises and make it easier for them to access funding at different stages of their growth.

It covers seven areas to address enterprises’ financing need, which are: green, SME Working Capital Loan, SME Fixed Assets Loan, Venture Debt Loan, Trade Loan, Project Loan, Mergers & Acquisitions Loan. Enterprise Singapore will share the loan default risk in the event of enterprise


Should you require further information about how to qualify for the Enterprise Financing Scheme, the eligibility criteria and how Diacron can assist you, do not hesitate to contact us at