ORIX Leasing Singapore Limited
Financial Services

Local Enterprise Finance Scheme

Local Enterprise Finance Scheme

 

Together with Enterprise Singapore, ORIX Leasing Singapore Limited offers small and medium sized enterprises flexible loans for automation, upgrading and purchase of facilities and machinery.

The Local Enterprise Finance Scheme is a Enterprise Singapore scheme to make financing accessible to all locally-owned Small and Medium Sized Enterprise (SMEs). The funds can be applied to the automation and upgrading of factory facilities and equipment, purchase of JTC Corporation and Housing & Development Board properties, as well as financing of construction equipment and heavy vehicles.

Scheme

Eligibility Criteria

LEFS

You may apply for the Local Enterprise Finance Scheme if your company meets the following criteria :

  1. registered and operating in Singapore
  2. at least 30% local shareholding
  3. 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)

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