Schemes
Each figure is datedEvery row below was read from that scheme's own Enterprise Singapore page. Scheme terms are revised at each Budget, so a figure without a date is worthless.
Where a number is missingSeveral pages state only the shared borrower-group ceiling of S$50,000,000 and no separate per-borrower cap. Those say so, rather than borrowing the group figure and presenting it as a per-borrower limit.
What the government schemes actually offer.
The Enterprise Financing Scheme is not one loan, it is a set of facilities with different limits, tenures and risk shares. The government does not lend you the money. It carries part of the bank's loss if you default, which is what gives a bank room to say yes.
| Facility | Max per borrower | Max tenure | Risk share |
|---|---|---|---|
| SME Working Capital Loanread 2026-08-17 | S$500,000 | 5 years | 50% or 70%plus a time-limited window |
| SME Fixed Assets Loanread 2026-08-17 | Group ceiling only | 15 years | 50% or 70% |
| Trade Loanread 2026-08-18 | Group ceiling only | 1 year | 50% or 70% |
| Project Loanread 2026-08-18 | Group ceiling only | 15 years | 50% or 70%plus a time-limited window |
| Venture Debt Loanread 2026-08-18 | S$8,000,000 | 5 years | 50% or 70% |
| Mergers and Acquisitions Loanread 2026-08-18 | Group ceiling only | 5 years | 50% or 70% |
The higher risk share generally applies to young enterprises, and on some facilities to enterprises operating in a challenged market. All figures are also subject to the shared S$50,000,000 borrower-group ceiling across every EFS facility.
The window that is about to open
From 1 September 2026, the government risk share on the SME Working Capital Loan and the Project Loan rises to 70% for all enterprises, not just young ones, until 31 March 2027. Verified on both scheme pages. More risk carried by the government means more room for a bank to approve. If your timing is flexible, it is worth knowing the date.
The green facility is the odd one out
Green Loan carries 70% for all applicants, with no young-enterprise test, and it is open for applications until 31 March 2031. Its quantum and tenure follow whichever underlying facility you use.
Read 2026-08-18. Facilities showing tenure only are subject to the shared borrower-group ceiling rather than their own cap.
What a government risk share does not do
This is the part that costs owners the most, and it is quoted word for word from Enterprise Singapore.
Since Enterprise Singapore provides 70%/90% risk share on the loan, does it mean that the borrower/guarantors are only responsible for the remaining percentage of the loan?
No. The borrower and guarantors are responsible to repay 100% of the loan amount. When defaults occur, PFIs are obligated to follow their standard commercial recovery procedure, including the realisation of security, before they can make a claim against Enterprise Singapore for the unrecovered amount in proportion to risk-share.
Why do banks require a 100% Personal Guarantee (PG) when the government covers 70% of the loan amount?
A PG is not only a means of security but signals a commitment by the guarantor(s) that they are committed to the loan obligation.
One scheme you may still be offered, which no longer exists
The Temporary Bridging Loan was a COVID-era programme and its final extension ran to 30 September 2022. Several Singapore broker sites still advertise it. If someone offers it to you, their page has not been checked in years.
One further facility is named on the overview page and is deliberately absent from the table above, because we have not read its own page yet: Foreign-based Financial Institutions/Multilateral Development Banks Loans. We would rather leave a gap than print a figure we have not checked.