Ways of SME funding
SMEs in Singapore contribute enormously to the annual GDP and growth of economy of Singapore. Accordingly government of Singapore always strives to strengthen and make SMEs grow. SME funding Singapore is a step that helps SMEs to overcome their financial constrains.
SME funding Singapore has various schemes for funding SMEs in the form of bank loans, overdrafts, leasing and hire-purchase arrangements. In addition, SME funding Singapore is also done by way of issuing equity/corporate bond s, venture capital or private equity and invoice discounting or asset-based financing etc. besides government funding in the form of grants or loans.