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Singapore Budget 2017: SME Working Capital Loan, extended for another two years!

SINGAPORE companies will continue to receive support from three government schemes to help them manage costs or cash flow, said Finance Minister Heng Swee Keat in Parliament.

The SME Working Capital Loan will carry on for the next two years, said Mr Heng.

This scheme is where the government co-shares half of the default risk for loans of up to S$300,000 per SME.

Since its launch in June 2016, the scheme has catalysed more than S$700 million worth of loans. Read More