Temporary Bridging Loan

Together with Enterprise Singapore, ORIX Leasing Singapore Limited offers enterprises additional cashflow support of up to S$5 million.

The Temporary Bridging Loan Programme (TBLP) is a financing option tailored for enterprises, allowing them access to additional capital when needed.

As announced during Solidarity Budget 2020, the TBLP now enables all eligible enterprises to borrow up to S$5 million. The government will likewise provide a 90% risk-share on all new applications initiated from 8 April 2020. The TBLP started in March 2020, and will be available until 31 March 2021.

Overview

S$5 million / borrower group

S$5 million / borrower group

Maximum Loan Quantum

5 years

5 years

Maximum Repayment Period

Enterprise Singapore risk share at 90%

Enterprise Singapore risk share at 90%

Risk-Share

Capped at 5% p.a.

Capped at 5% p.a.

Interest Rate

Eligibility Criteria

You may apply for the Temporary Bridging Loan if your company meets the following criteria:

  1. Be registered and operating in Singapore
  2. Have at least 30% local shareholding