Trade Finance

Trade Finance refers to loans that help minimize risks and increase profitability of businesses involved in import/export trading. One facility under this loan is the Line of Credit/Trust Receipt Financing.

This helps a business owner to pay to its supplier(s) for the goods ordered and gives more time for the business owner to convert goods to sales and allows the business owner to increase the capacity to order more goods.

Young business can apply for this facility with the assistance of Trade Loan and Loan Insurance Scheme supported by Enterprise Singapore.