MICRO LOAN PROGRAMME (MLP)
SUITABLE FOR:
All eligible companies.
GRANT INFORMATION
- Loan quantum of $100,000 with repayment period up to four years.
- Loan can be obtained for daily operations, automating and upgrading of factory and equipment
- Be registered and operating in Singapore
ELIGIBILITY:
- Company annual sales turnover to be less than or equal to S$1 million or employment of maximum 10employees
- Group annual sales turnover to be less than or equal to S$100 million or group employment of maximum 200employees
- Be registered and operating in Singapore
- Have at least 30% local shareholding
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