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Singapore

Government-backed loans increasingly reaching SMEs

Data reveals that fund flows have been sped up and financing is now reaching local SMEs. (more…)

#bank#bank loan#conference

Increasing pay wait for SMEs

Survey reveals that SMEs are having to wait longer to get paid and facing tightening credit facilities. (more…)

#payment terms#receivables#risk


Government enhances range of support for SMEs

The Singapore government has enhanced support for SMEs and start-ups to weather the crisis with a particular focus upon providing working capital and…


Record uptake of government-backed loans

Following government efforts to reinvigorate lending, there has been a record uptake of government-backed loans, although general lending continues to fall.…

#bank#exports#MAS


Launch of government credit insurance scheme

The Singapore government announce the launch of an Export Cover Scheme designed to aid local exporters. (more…)

#Atradius#export credit insurance#exporters


Might an SME credit rating agency be next step?

Singaporean business experts examine further ways to protect local SMEs following successful attemtps at insulation in recent years (more…)


Transparency key in gaining loans

OCBC Bank's head of Emerging Business urged local SMEs to be open and transparent when approaching banks for loans. (more…)


SPRING Singapore says credit situation improving

SPRING Singapore said Wednesday the credit situation for companies is improving (more…)

#banks#crisis#financial institutions


Govt announces Export Cover Scheme

Exporters on Monday received a boost from the Government in a new scheme geared to protect them in the uncertain…

#AON#Atradius#bank


30% boost in SME loans

The value of loans to SMEs jumped 30 per cent last month from a year earlier (more…)

#bank#interest rates#smes


More small firms seek loans

Local banks are reporting a major surge in applications from SMEs seeking loans under the Government's EUR1.15bn initiative to ease…


Government announces plan to help SMEs manage costs

The Singapore government will make it easier and cheaper for SMEs to get access to credit to keep their business going…

SMEs prefer banking products

Despite efforts made by the government to provide more financing options, few SMEs actually use them - and more still…

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