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Grant & Loan Applications

 

Companies are always in need of funds, as working capital or for expansion needs. Targeted especially towards small and medium enterprises (SMEs), Corporate Serviced Offices works closely with its partners to propose, source and raise the most suitable funds for your company, in the areas of qualifying grants, incentive schemes or loans. Our areas of assistance encompass:

 

Grant & Incentive Scheme Applications

Grants are subsidies awarded by the Singapore Government to achieve specific national aims. They are awarded on the basis of merit and do not need to be repaid. Corporate Serviced Offices can assist in application for the grant when you have found a qualified external consultant for your project, or in specific cases, provide you the required consultancy services directly.

  • Local Enterprise Technical Assistance Scheme (LETAS)

    • Designed to help local enterprises defray the cost of hiring an external consultant to assist in the modernization and upgrading of their business operations. Grant of up to 50% of cost of external consultant.

    • Applicable for both IT and non-IT related projects.

  • Enterprise Investment Incentive Scheme

    • Applicable for start-ups, it allows investors in these qualified companies to deduct any investment loss from their taxable income. Applicable for investments of up to $3 million.

  • Spring SEEDS Equity Financing

    • Applicable to start-ups. SPRING Singapore will match every dollar invested up to a maximum of $300,000 in return for equity stakes in the start-up in proportion to the investment.

 

Loan Applications

  • Local Enterprise Finance Schemes (LEFs)

    • Factory Term Loans

    • Machinery Term Loans

    • Machinery Hire Purchase Loans

    • Working Capital Loans

    • Factoring Loans

  • Loan Insurance Schemes

    • Inventory / Stock Financing

    • Revolving Working Capital

    • Factoring

  • Business Installment Loans

  • Business Overdrafts

  • Trade Financing

    • Letters of Credit (LC)

  • Account Receivables Financing

 

Our fees are just 2% of the amount raised, and payable only for successful applications so you run no risk. For more details on the above financing schemes and to request for a consultant to advise you, please Contact Us.

 

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