Enterprise Financing Scheme – Venture Debt
Status not published
Rolling; applications are made to a participating financial institution rather than to Enterprise Singapore.
Loans of up to S$8 million per borrower for high-growth enterprises, with Enterprise Singapore sharing a portion of the default risk with participating financial institutions (risk share typically 50%, higher for young companies). Interest rate is set by the lender.
Enterprise Singapore
public · national
Deadline: rolling — Rolling; applications are made to a participating financial institution rather than to Enterprise Singapore.
This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.
Major bid — written case, budget, possibly partners.
Who can apply
- Stage: seed, series_a, growth
- Locally registered entity required
Singapore-registered and physically present in Singapore, at least 30% local shareholding, group revenue not exceeding S$500m.
How to apply
- Approach a participating financial institution offering EFS-Venture Debt.
- Submit the business plan, financials and funding history.
- Lender credit assessment; Enterprise Singapore risk share applied.
- Facility agreement and drawdown, typically with warrants attached.
What you will need
- Business plan and financial projections
- Audited financial statements
- Cap table and investor details
- ACRA business profile
- Bank statements
Source. https://www.enterprisesg.gov.sg/financial-support/enterprise-financing-scheme — checked 2026-08-14 · not human-checked
"The Enterprise Financing Scheme covers seven areas including Venture Debt to support high-growth enterprises."