The Enterprise Financing Scheme (EFS) is a government risk-sharing scheme that helps SMEs obtain trade financing amount of up to S$50mil per borrower group¹ across all EFS facilities, with a maximum payment of one year. 

¹Borrower Group consists of the following:

1. Applicant company; and
2. Corporate Shareholders holding more than 50% at all levels up; and
3. Subsidiaries where the applicant company holds more than 50% shareholding and subsequent subsidiaries at all levels down; and
4. Subsidiaries where the Applicant’s Ultimate Parent Company holds more than 50% shareholdings and their subsidiaries at all levels down