ORIX Leasing Singapore Limited
Financial Services

SME Micro Loan

SME Micro Loan

 

Together with SPRING Singapore, ORIX Leasing Singapore Limited can offer small and medium sized enterprises working capital loans of up to S$100,000.

The SME Micro Loan is a SPRING Singapore scheme which offers local Small and Medium Sized Enterprise (SMEs) loans for daily operations or for automating and upgrading factory facilities and equipment.

Scheme

Eligibility Criteria

SME ML

You may apply for a SME Micro Loan if your company meets these criteria :

  1. registered and operating in Singapore
  2. company has 10 or less employees OR has annual sales not exceeding S$1 million
  3. at least 30% local shareholding
  4. 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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