Venture Platform Pte Ltd
40 Ubi Crescent, #01-04 Ubi Techpark, Singapore 408567
Tel. 65 6533 5834 | Fax. 6533 5835
Copyright © 2011. All Rights Reserved.
40 Ubi Crescent, #01-
Copyright © 2011. All Rights Reserved.
Very small businesses can get fixed interest rate loans of up to S$100,000.
For Who?
Your business qualifies as long as:
* you are registered or incorporated in Singapore
* 30% - 100% of your shareholding is local
* you have 0 - 10 employees
In addition,
* your company's group fixed assets must be between S$0 - 15 million*
* your group employment size must be between 0 - 200 workers (for services sector)*
*Computed on a group basis. Where 20% - 100% of your shares are owned by other
companies, the total value of your fixed assets and employees is calculated three levels
up. Where your company owns 51% - 100% of another company (subsidiary), your
subsidiary's fixed assets and employees will also be added to the computation.
For What?
You can use the loan to:
* fund the daily operations of your business
* automate and upgrade your factory and equipment
Types of Loans
* Working Capital Loan #
* Machinery Term Loan/Machinery Hire Purchase
# Loan can be structured as a term loan of up to 4 years.
Interest Rates and Re-payment
* It is a fixed interest rate financing programme.
* New effective Interest Rate - 5.5%
* Risk Sharing - 70% vs 30%
For Who?
Your business qualifies as long as:
* you are registered or incorporated in Singapore
* 30% -
In addition,
* your company's group fixed assets must be between S$0 -
*Computed on a group basis. Where 20% -
up. Where your company owns 51% -
For What?
You can use the loan to:
* fund the daily operations of your business
* automate and upgrade your factory and equipment
Types of Loans
* Working Capital Loan #
* Machinery Term Loan/Machinery Hire Purchase
# Loan can be structured as a term loan of up to 4 years.
Interest Rates and Re-
* It is a fixed interest rate financing programme.
* New effective Interest Rate -
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