SME Loans Singapore
Singapore SME loans. All of them. Compared honestly.
From government-backed EFS working capital to invoice financing and startup loans — we cover every product category and every lender type. Free eligibility check. 4–5% success-only fee.
Every loan type, explained clearly.
Pick the product that fits your situation, or take the eligibility quiz and we'll tell you which one to apply for.
Up to $500K
EFS Working Capital Loan
Government EFS-backed working capital with risk co-sharing — better approval odds and faster turnaround than standard bank products.
Learn more →Up to $30M
EFS Fixed Assets Loan
Finance machinery, equipment, and commercial vehicles under the Enterprise Financing Scheme with tenure up to 15 years.
Learn more →Up to $20M
Business Term Loan
Major bank term loans for established businesses needing capital for expansion, acquisition, or large-scale operations.
Learn more →Up to 90% of invoice
Invoice Financing
Release cash from unpaid B2B invoices in 24–72 hours — without waiting 60 or 90 days for customers to pay.
Learn more →From 6 months old
Startup Loan
Select lenders consider businesses as young as 6 months — if you know where to apply and how to position the application.
Learn more →Up to $500K
Working Capital Loan
Standard working capital across banks and alternative lenders — for payroll, supplier payments, and cash flow gaps.
Learn more →Why use FundWise instead of going directly to a bank?
One eligibility check surfaces all options — not just one bank's products.
We submit to the 2–4 lenders most likely to approve your profile — not all 30.
4–5% success-only fee paid at disbursement. Nothing if we can't place the loan.
Common questions about SME loans
What is the difference between an EFS loan and a standard business loan?
The Enterprise Financing Scheme (EFS) is a Singapore government programme where Enterprise Singapore co-shares the risk of loans to qualifying SMEs. This means lenders face less downside if a loan goes bad — so they're more likely to approve borderline applications and can offer more competitive rates. A standard business loan carries the full risk for the lender, which means stricter criteria and typically higher interest. EFS loans cover working capital (up to $500K) and fixed assets (up to $30M). Not every lender is an EFS Participating Financial Institution — we know which ones are.
How many lenders does FundWise work with?
We have active relationships with 30+ lenders including all major Singapore banks (DBS, OCBC, UOB, Standard Chartered, HSBC), MAS-regulated alternative lenders (Funding Societies, ANEXT, Validus, GXS), and specialist financiers for invoice and trade finance. We submit to 2–4 matched lenders simultaneously — not every lender, just the ones most likely to approve your specific profile.
How much does it cost to use FundWise?
Nothing upfront. We charge 4–5% of the approved loan amount, paid only when your loan is successfully disbursed. If we can't secure financing, you pay nothing. No consultation fee, no application charge, no retainer.
My business was rejected by a bank. Can you still help?
Yes — this is where we add the most value. A rejection from one bank means that specific lender, with its specific criteria, didn't approve your profile. Singapore has 30+ active lenders with different risk appetites. We understand why rejections happen and which remaining lenders are most likely to approve your situation. Tell us what happened and we'll be direct about what's still possible.
Find out which loan you qualify for.
Takes 3 minutes. No documents needed. We'll tell you exactly what's possible for your business.
Check my eligibility — free →Last updated: April 2026