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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
Maximum Loan Quantum
5 years
Maximum Repayment Period
Enterprise Singapore risk share at 90%
Risk-Share
Capped at 5% p.a.
Interest Rate
Eligibility Criteria
You may apply for the Temporary Bridging Loan if your company meets the following criteria:
- Be registered and operating in Singapore
- Have at least 30% local shareholding