LEFS Equipment Loan
Make use of our Local Enterprise Finance Scheme (LEFS) Equipment Loan Scheme to automate and upgrade your business premises, purchase new equipment or finance existing equipment. With LEFS, you stand to enjoy the following:
- Fixed interest rates ranging between 4.25% - 4.75% p.a.;
- Peace of mind with co-sharing of risk with SPRING Singapore; and
- Tenors matching your requirements of up to eight years.
You may apply for LEFS if your company meets the following criteria:
- Registered and operating in Singapore
- At least 30% local shareholding
- Company's Group Annual Sales of not more than S$100 million OR
Company's Group Employment Size of not more than 200*
* Annual sales turnover and employment size will be computed on a group basis. (i.e All levels up for corporate shareholders holding >50% of total shareholding of the applicant company and any subsequent corporate parents, and subsidiaries all levels down)
To sign up now, just follow these three easy steps:
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