| Business : Growing
Business > Local
Enterprise Finance Scheme |
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As a Singapore company
looking to grow and expand your business, you can obtain
government assistance through Maybank. We can offer you
the Local Enterprise Finance Scheme (LEFS) as part
of our commitment to help local small and medium enterprises.
If your company meets the eligibility criteria, you can
apply for the LEFS loans administered by the Standard,
Productivity and Innovation Board (SPRING Singapore) to:
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- Establish a viable
new business
- Modernise and
automate plant and machinery
- Expand existing
production capacity
- Develop new product
lines
- Augment working
capital needs
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| Your
budgeting will be easy and predictable as all LEFS
options are based on a fixed interest rate,
allowing you to: |
- Improve your
cashflow through working capital financing - Micro Loan
- Upgrade, strengthen
and expand your operations with medium-term loans, financing
up to 90% of the purchase price of factories and machinery.
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| You
will be eligible for LEFS if your company is based
in Singapore with: |
- At least 30%
local equity
- Fixed assets*
(at net book value) not exceeding S$15 million
- No more than
200 workers* for non-manufacturing companies
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With
the help of SPRING and Maybank, grow your small business into
a big business, because Maybank is always here for you.
*On a group
basis |