Solidarity Budget 2020: Temporary Bridging Loan Programme

SG Cash Article

The Temporary Bridging Loan Programme (TBLP) provides access to working capital for business needs.

As announced at Solidarity Budget 2020, eligible enterprises may borrow up to $5 million under the TBLP, with the interest rate capped at 5% p.a., from Participating Financial Institutions (PFIs). The Government will provide 90% risk-share on these loans for new applications initiated from 8 April until 31 March 2021. 

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