Singapore: Local Enterprise Finance Scheme (LEFS)

This incentive is intended to help local enterprises defray the cost of modernizing and upgrading their operations, including making them more energy efficient. It awards fixed interest rate loans (Maximum of $15 million) to local enterprises for factory upgrades and other operational improvements. 

Status: In Force; Voluntary

Funding Information: Scheme is administered by SPRING Singapore and offered through 16 participating financial institutions, including DBS Bank Limited, The Hong Kong and Shanghai Banking Corporation Limited, Indian Bank, Overseas-Chinese Banking Corporation Limited, United Overseas Bank Limited, Singapura Finance Limited, International Factors (Singapore) Limited, GE Commercial Financing (Singapore) Ltd

References: http://www.spring.gov.sg