Working capital
What we can proveThe caps, the five year maximum and the risk share are Enterprise Singapore's published figures, read 2026-08-17. Every instalment on this page is computed and unit tested.
What we will not claimA rate. Enterprise Singapore states the rate is set by the lender, with no cap, so there is no scheme rate to publish. The 7.5% below is a placeholder for your own quote, not a market figure.
Source
The cap tells you what you can borrow. It says nothing about what you can carry.
The SME Working Capital Loan is capped at S$500,000 per borrower over 5 years. Both of those are published. The number that decides whether the loan is survivable is not published anywhere, because it depends on the rate your lender sets: the instalment that has to clear every month for 60 months running.
Sixty consecutive months, in full, whatever the month looks like. A facility that is comfortable in a good quarter and impossible in a bad one is not a facility you can carry.
One number to carry in your head
The instalment rises in step with the amount, so you only have to remember it once. At 7.50% over 5 years, every S$100,000 borrowed costs S$2,003.79 a month. Multiply it by however many hundred thousand you are asking for.
| Facility | Every month | Interest over the term |
|---|---|---|
| S$100,000 | S$2,003.79 | S$20,228 |
| S$200,000 | S$4,007.59 | S$40,455 |
| S$300,000 | S$6,011.38 | S$60,683 |
| S$400,000 | S$8,015.18 | S$80,911 |
| S$500,000 | S$10,018.97 | S$101,138 |
Work out your own
Put in the rate you were actually quoted. If you have not been quoted one yet, the figures above are a placeholder and nothing more.
The government share does not reduce your instalment
Today the government carries 50% of the lender's risk on this facility, and from 2026-09-01 to 2027-03-31 that rises to 70% for all enterprises. It is worth understanding what that does, because it is routinely sold as though it were a discount. It is not. The risk share sits between the lender and Enterprise Singapore. You still repay every dollar, and the instalment above does not change by a cent.
What it can do is make a lender willing to say yes, or to lend more. That is worth having. It is just not a reduction in what the loan costs you.
Enquiry
What happens to thisIt goes straight to the people who handle enquiries here, and it is read by a person. We reply by email. Nothing is shared with a lender until you say so.
Why the number is optionalBecause you should not have to hand over a phone number to ask a question. Give one only if you would rather be called.
Been quoted for a working capital facility? Send it over
A sentence or two is enough. You will get a straight answer about whether it is worth applying, including when the answer is that it is not.
We are an independent consultancy. We do not lend, and sending this does not apply for anything or commit you to anything.