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Merger & Acquisition

To help your company globalise through M&A

Merger & Acquisition

To help your company globalise through M&A

At a Glance
globalise

Globalise your operations

currencies

Finance the purchase of local or overseas companies, with the intent of internationalisation

money

Flexible repayment – Stretch your repayment period of up to 5 years

Features
Loan Amount Up to S$50mil per Borrower Group*
Loan Tenor Up to 5 years


*Borrower Group consists of the following:

  1. Borrower; and
  2. Corporate shareholders holding more than 50% at all levels up; and.
  3. Subsidiaries where the Applicant company holds more than 50% shareholdings and subsequent subsidiaries at all levels down
  4. Subsidiaries where the Applicant’s Ultimate Parent Company holds more than 50% down shareholdings and its subsidiaries at all levels
Eligibility Criteria
  • Be incorporated and operating in Singapore2.
  • At least 30% local equity held directly or indirectly by Singaporean(s) and/or Singapore PR(s), determined by the ultimate individual ownership, and
  • Have Group Annual Sales Turnover of not more than S$500 million
  • 1Companies registered with SSIC codes beginning with 41,42 or 43 may apply for the enhanced EFS-PL to support domestic projects.

For the loan to be supported under EFS-PL, the additional criteria are required:

  • Fixed assets acquired are to discharge a contractual obligation under the project.
  • It must be for secured sales order and/or projects. It cannot be used solely for general working capital/operating expenses.

2ACRA registered Sole Proprietorship, Partnership, Limited Liability Partnerships and Companies are eligible to apply for the scheme. Approval of the loan is subject to the Bank’s assessment.

Application Form
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