SME Working Capital Loan initiated by EnterpriseSG is further enhanced as announced in the Supplementary Budget 2020 by our Deputy Prime Minister cum Finance Minister, Mr Heng Swee Keat. This allows Small Medium Enterprises in Singapore to have access to their working capital needs even more so during this CoVid-19 outbreak through the participating Banks & Financial Institutions with a risk sharing factor of 80% with the Government. Businesses and Companies can use the fund to boost daily operations such as hiring, managing new projects and many more.
