ORIX Leasing Singapore Limited

Local Enterprise Finance Scheme

 

Together with SPRING 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 SPRING 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.

SME definition

1. At least 30% local equity.
2. Company’s Group Annual Sales of not more than S$100 million, OR Group Employment Size not more than 200 workers.
3. Annual Sales and Employment Size of the applicant company 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)

With effect from 1 April 2011 – SPRING Singapore

 

Terms of Use | Site Map | Copyright 2011 ORIX Leasing Singapore Limited. All Rights Reserved