SME Micro Loan

Looking for working capital to develop your business to its potential? You may wish to consider a SME Micro Loan which is availed in conjunction with Enterprise Singapore. This financing programme with no collateral required is designed to help small local enterprises gain easy access to financing.


  • Loan quantum of up to S$100,000
  • Competitive business loans interest rates for start-ups
  • Loan tenure of up to 4 years
  • Loan may be used for a variety of activities including to
    • Establish a viable business
    • Modernise and automate plant and machinery
    • Expand existing production capacity
    • Develop new product lines
    • Renovate existing or new business premises
    • Enhance working capital


  • Companies registered and operating in Singapore
  • At least 30% of your company's shareholding is local
  • Company's Group annual sales1 of not more than S$100 million or Company's Group employment size of not exceeding 200 workers
  • Annual Sales Turnover of not exceeding S$1 million or not more than 10 employees
1Annual sales turnover and employment size will be computed on a group basis (i.e. All levels up for corporate shareholders holding >50% of total shareholding of the applicant company and any subsequent corporate parents, and subsidiaries all levels down).

Required documents

  • Last 2 years' audited accounts or certified financial statements (if applicable)
  • Last 6 months' bank statements.
  • Copy of NRIC (front and back) of owners/directors/partners/sole proprietor/guarantor(s)
  • Latest personal Income Tax Notice of Assessment of owners/directors/partners/sole proprietor/guarantor(s)

Please refer to the Application Form for the complete list of required documents.

To apply, simply complete the LEFS Application Form (PDF) and SME Banking Consent Form (PDF), and send them in with the required documents.

For more information, call our Business Banking hotline 1800-777 0022, , or request a call back with our Business Development Managers today.

Next steps

Call Us (New/Existing Customers)

Business Banking Hotline 1800 777 0022
(65) 6777 0022
(Calling from Overseas)

Monday to Friday
(exclude public holidays)
9.00am to 6.00pm

Make an appointment

Request for call back via eAppointment form
SMS to 79898 in this format
e.g. RSME Andy Lau 1234567Z

Open a Business Current Account online

eApplication form


Apply for a loan (via email)

Download the
SME Banking Consent Form (PDF)

LEFS Application Form (PDF)

Submit via email at smebanking@

together with all your guarantors' NRIC, financial statements for the last 2 years and bank statement for the last 6 months

Apply at our branch

Find us at a location near you

Useful information

Related Products

Read our Terms & Conditions (PDF)

Online Security

Find out how we've made M2U secure — and how you can keep your online banking experience worry free.