Loans & financing grants for Singapore businesses

13 open schemes. Not sure where to start? Check your eligibility.

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Inland Revenue Authority of Singapore logo
OpenTax incentiveNo application needed

Corporate Income Tax Rebate and Cash Grant YA 2026 (CIT Rebate YA2026)

IRAS

Automatic 50% rebate on corporate income tax payable for YA 2026, plus a S$2,000 cash grant for active companies that employed at least one local employee in 2025; combined benefit capped at S$40,000.

Support: 50% of tax payable; S$2,000 CIT Rebate Cash Grant (not taxable); total rebate + grant capped at S$40,000 per company.

Loans & financing
Enterprise Singapore logo
OpenLoan

Enterprise Financing Scheme - Green (EFS-Green)

Enterprise Singapore

Risk-shared loans for green projects and green solution adopters: developmental capital, fixed assets, trade, project, M&A and venture debt loans.

Support: EnterpriseSG shares 70% of the risk. Loan limits and terms: developmental capital up to S$3m over 5 years; venture debt up to S$8m over 5 years; fixed assets…

Loans & financingSustainability
Enterprise Singapore logo
OpenLoan

Enterprise Financing Scheme - Mergers & Acquisitions Loan (EFS-M&A)

Enterprise Singapore

Risk-shared loan to finance the acquisition of local or overseas target companies or assets.

Support: Up to S$50m per borrower group across all EFS facilities, repayable over up to 5 years. EnterpriseSG shares 50% of the risk, or 70% for young enterprises or…

Loans & financingOverseas expansion
Enterprise Singapore logo
OpenLoan

Enterprise Financing Scheme - Project Loan (EFS-PL)

Enterprise Singapore

Risk-shared loan to finance fixed assets or working capital needed to deliver secured overseas projects. Until 31 Mar 2027 it also covers secured domestic construction projects.

Support: Up to S$50m per borrower group across all EFS facilities, repayable over up to 15 years. EnterpriseSG normally shares 50% of the risk (70% for young…

Loans & financingOverseas expansion
Enterprise Singapore logo
OpenLoan

Enterprise Financing Scheme - SME Fixed Assets Loan (EFS-FA)

Enterprise Singapore

Risk-shared bank loan for SMEs to buy fixed assets in Singapore or overseas, such as machinery, equipment and property.

Support: Up to S$50m per borrower group across all EFS facilities, repayable over up to 15 years. EnterpriseSG shares 50% of the risk, or 70% for young enterprises or…

Loans & financing
Enterprise Singapore logo
OpenLoan

Enterprise Financing Scheme - SME Working Capital Loan (EFS-WCL)

Enterprise Singapore

Government risk-shared bank loan for an SME's day-to-day working capital, offered through Participating Financial Institutions (PFIs).

Support: Loan of up to S$500,000 per borrower, repayable over up to 5 years. EnterpriseSG normally shares 50% of the default risk, or 70% for young enterprises. From 1…

Loans & financing
Enterprise Singapore logo
OpenLoan

Enterprise Financing Scheme - Trade Loan (EFS-TL)

Enterprise Singapore

Risk-shared trade financing (for example import and export financing, inventory, and bank guarantees) through Participating Financial Institutions.

Support: Up to S$50m per borrower group across all EFS facilities. The maximum tenure is 1 year, or 2 years for bank guarantees. EnterpriseSG shares 50% of the risk, or…

Loans & financingOverseas expansion
Enterprise Singapore logo
OpenLoan

Enterprise Financing Scheme - Venture Debt Loan (EFS-VD)

Enterprise Singapore

Risk-shared venture debt for high-growth, innovative companies (often VC-backed). The loan may come with warrants or redeemable convertible preference shares (RCPS).

Support: Up to S$8m per borrower, with S$20m per borrower group for EFS-VD and S$50m across all EFS facilities. Repayable over up to 5 years. EnterpriseSG shares 50% of…

Loans & financingStartups
Inland Revenue Authority of Singapore logo
OpenTax incentiveNo application needed

Partial Tax Exemption for Companies (PTE)

IRAS

All companies not claiming the start-up exemption get 75% exemption on the first S$10,000 and 50% on the next S$190,000 of normal chargeable income.

Support: Max exemption S$102,500 of chargeable income per YA (YA 2020 onwards).

Loans & financing
Inland Revenue Authority of Singapore logo
OpenGrantNo application needed

SME Cash Grant 2026

IRAS

One-off automatic cash grant of S$500 per local employee (up to S$2,500) paid in November 2026 to help SMEs with business costs.

Support: S$500 per local qualifying employee (SC/PR), capped at S$2,500. Sole proprietorships/partnerships with no local employees: flat S$500 if owner's net trade…

Loans & financing
Inland Revenue Authority of Singapore logo
OpenTax incentiveNo application needed

Tax Exemption Scheme for New Start-Up Companies (SUTE)

IRAS

New Singapore-incorporated companies get 75% tax exemption on the first S$100,000 and 50% on the next S$100,000 of normal chargeable income for each of their first 3 consecutive YAs.

Support: Max exemption S$125,000 of chargeable income per YA, for the first 3 consecutive YAs (YA 2020 onwards).

StartupsLoans & financing
Enterprise Singapore logoSG Growth Capital
OpenEquity

Startup SG Equity (SSG Equity)

Enterprise Singapore, SG Growth Capital

Government co-investment alongside qualified third-party investors in Singapore-based tech startups that have IP and global potential. It also invests in VC funds through a fund-of-funds approach.

Support: Co-investment. A 2024 change raised the cap to S$12m per startup for early to early-growth stage deep tech. Budget 2026 added S$1bn to cover growth-stage deep…

StartupsLoans & financing