Enterprise Financing Scheme – Green

Enterprise Financing
Scheme – Green

Expand your green initiatives with grants provided by Enterprise SG

Enterprise Financing
Scheme – Green

Expand your green initiatives with grants provided by Enterprise SG

At a Glance

Enterprise Financing Scheme – Green (EFS-Green) is a government financing scheme to help local companies develop capabilities, build a track record and capture growth opportunities within the green economy. ​
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EFS-Green is open for applications until 31 March 2024. ​
 

Features & Benefits​

Under EFS- Green, we will extend financing for these loan types:
 

Products​Supportable Areas​Max. Loan Quantum/ Borrower​Max. Repayment Period​
Developmental Capital​

Expenses related to green initiatives
• New Product Development
• Technology Development expenses
• Consultation & Certification fees​

SGD 3 million​
Borrowers are subject to an overall borrower group1 limit of SGD 5 million​		Up to 5 years​
Fixed Assets Loan​

• Purchase of equipment and machinery related to green initiatives
• Construction of factories or purchase of land related to green initiatives​

SGD 30 million​
Borrowers are subject to an overall borrower group1 limit of SGD 30 million​		Up to 15 years​
Trade Loan​Trade financing for green and sustainable products, inventory and raw materials​SGD 10 million​
Borrowers are subject to an overall borrower group1 limit of SGD 20 million​		Up to 1 year​
Project Loan​​Finance the fulfilment of overseas and domestic green projects​SGD 50 million​Up to 20 years​
Venture Debt Loan​Finance the growth of innovative enterprises with green initiatives using Venture Debt & Warrants​SGD 8 million​
Borrowers are subject to an overall borrower group1 limit of SGD 20 million​		Up to 5 years​

Mergers & Acquisition Loan​		Finance the mergers and acquisition of target enterprises related to green initiatives​SGD 50 million​Up to 5 years​


1 Borrower Group consists of the following: ​

  • Borrower; and​
  • Corporate shareholders holding more than 50% at all levels up; and​
  • Subsidiaries where the Applicant company holds more than 50% shareholdings and subsequent subsidiaries at all levels down​
Eligibility Criteria​
  • Business entity that is registered and physically present in Singapore​
  • Have at least 30% local equity held directly or indirectly by Singaporean(s) and/or Singapore PR(s), determined by the ultimate individual ownership​
  • Company’s group annual sales turnover of not more than SGD 500 million​
  • Meets the criteria for EFS-Green’s Qualifying Green Sectors and Activities and Qualifying Borrower Types​
    • View Qualifying Green Sectors and Activities ​
    • View Qualifying Borrower Types​

Note: Companies that are only adopters of green solutions or technologies will not be supported under this programme. These enterprises can continue to tap on existing EFS facilities.​ 

How to apply ​
FAQ