Temporary Bridging
Loan Programme
Free Loan Assessment in 1 minute!
- Lowest Rates
- Fast
- Hassle-Free
Government Aided Financing Scheme For SMEs
The Temporary Bridging Loan Programme (TBLP) is a government assisted financing scheme introduced in the Solidarity Budget 2020. This scheme provides access to working capital for eligible SMEs.
| Till 31 March 2021 | From 1 April to 30 September 2021 | |
|---|---|---|
| Maximum Loan Quantum | $5 Million | $3 Million |
| Government Risk Sharing | 90% risk sharing | 70% risk sharing |
There are 17 financial institutions participating in this programme. Credit criteria & interest rate are different for all banks. Don’t have your applications rejected. Compare across all banks options and maximize approval chances.
We can provide your business with a direct comparison on all banks Temporary Bridging Loan rates and eligibility.
Get a free online loan assessment & compare all banks financing options instantly.
Temporary Bridging Loan Features
Participating Financial Institutions
SMEs can apply for the Temporary Bridging Loan with the participating financial institutions, subject to respective bank’s credit assessment & approval.
Temporary Bridging Loan Interest
The interest rate for the Temporary Bridging Loan Programme (TBPL) differs for each participating financial institution and is dependent on their risk assessment of your business.
Interest rate is capped at 5% p.a. effective rate. Eligible SMEs can enquire with the various participating financials institutions on their respective TBPL interest rate. Interest rate could start from as low as 2.5% effective rate per annum (1.3% p.a. simple rate).
Compare All Banks
Temporary Bridging Loan
See All Loan Options Instantly!
SME Loan
Comparison Made Easy
See All Best Loan Options
In 3 Steps!
Step 1
Enter your business name & email at the bottom of this page.
Step 2
Take 1 minute to provide information & our system will generate indicative banks & rates you might be eligible for.
Step 3
See all banks Temporary Bridging Loan options available for your business instantly!
Temporary Bridging Loan Eligibility:
SME Financing Institutions
For potential partners or source of funds, we welcome collaborations to bring more funding products to our platform. Kindly contact info@linkflow.com.sg
Join hundreds of SMEs just like yours who entrusted us to help grow their business.
Fast efficient response
"We are very satisfied with the service and capability of Linkflow Capital in assisting with our company’s expansion. They have provided us clear financing solutions with fast response and turnaround time.”
Mr Frankie Gwee
Tuan Yuan Pork Ribs Soup Pte Ltd
(F&B restaurant)
Trusted advisor
"Linkflow Capital has assisted our company with trade financing, enabling a 300% revenue growth in 2 years. They are our trusted advisor and served us with efficiency and honesty over the years".
Mr S.S. Lee
Powerzone Technologies
(Engineering & trading firm)
Sincere customer service
“Linkflow Capital has helped us identify facilities suitable for our company’s growth. The consultant is sincere, efficient and provided prompt follow up service.”
Mr Toh
WaWe Design
(Reno & ID firm)
Linkflow Capital is a member of
Featured in
FAQs
The maximum financing loan quantum under the TBPL is up to S$5 million. This amount can be combined across multiple participating financial institutions if your business meets the credit criteria of the various lenders.
TBPL interest rate is subjected to respective participating financial institutions credit and risk assessment, capped at 5% p.a. effective rate.
Business must be registered and operating in Singapore with at least 30% local shareholdings. Other requirements are subjected to participating financial institutions’ internal credit assessment and criteria.
The maximum repayment tenure is up to 5 years. Borrowers can also apply for 1 year deferral of principal repayment, subject to respective financial institutions assessment & approval.
The TBPL was introduced to help SMEs cope with the impact of Covid-19 on the economy. Interest is capped at 5% p.a. while there is no interest cap for the WCL. Maximum financing for TBPL is $5M and $1M for WCL.
No, all banks and financial institutions will require personal guarantee (PG) up to the full financing amount offered. This is a standard requirement as PG signals a commitment by guarantor on their commitment to fulfill loan obligations.
Free Loan Assessment
Enter your business name & email below to see all best financing options instantly!