Temporary Bridging Loan Eligibility:
The TBLP started in March 2020 and is extended till 30 September 2021
Government risk sharing: Borrowers are still liable for 100% of loan outstanding in event of default. Banks will proceed with their standard commercial recovery process before claiming against Enterprise Singapore for any unrecovered amount proportionate to risk share.
you are:
Local business entity registered and physically present in Singapore
Minimum 30% shareholdings held directly/indirectly by Singaporean(s) or PR
Looking for a reliable and fast responding loan advisor FRcapital is here for you. Call Us Today at 83383133 or email to contact@frcapital.sg.
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Published On: May 4th, 2021 / Categories: Business Loans /