Loan Insurance Scheme (LIS)

Qualifying companies:

Your business qualifies as an eligible SME as long as:

• 30% - 100% of shareholding is local
• Fixed assets are worth $0 – $15 million*
• Have 0 - 200 employees (for non-manufacturing companies)*

Your business qualifies as an eligible Internationalising Singapore company as long as:

• 30% - 100% of shareholding is local
• Fixed assets are worth $15 - $50 million*
• Have 200 - 500 employees (for non-manufacturing companies)*

* Computed on a group basis.  Where 20% - 100% of your shares are owned by other companies, the total value of your fixed assets and employees is calculated three levels up.  Where your company owns 50% - 100% of another company (subsidiary), your subsidiary’s fixed assets and employees will also be added to the computation.

Fund can be used to:

• Set up an inventory storage and distribution hub
• Diversify into other product lines and capabilities
• Increase working capital
• Expand into new markets
• Broaden distribution channels
• Support and fund majority-owned overseas subsidiaries