How to gain credit for business expansion?
Want your business to expand?
Authorities have introduced a new funding scheme for businesses who plan to expand in Singapore. Companies and businesses looking for short term funding to expand their businesses can make use of the enhanced loan insurance scheme. (LIS)
Launched by spring Singapore and international enterprise Singapore, LIS offers fast growing Singapore based enterprises financing at competitive rates.
Singaporean companies that are more creditworthy can look forward to better interest rates as the banks will now have more flexibility to offer better rates to companies. The Singaporean government supports this scheme. LIS offers a wide variety of trade financing facilities which include inventory financing, structured pre delivery working capital via standby, letter of credit, airway bills, shipping guarantees, shipping guarantees and shipping to third party countries.
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