Mobile Drawer
  • Social Media Icon
  • Social Media Icon
  • Social Media Icon

Come 1 April 2018, the pilot Venture Debt Programme will be extended for another three years, with no changes to the existing scheme parameters.

SME Venture Loan

To help innovative, high-growth SMEs access financing for their business expansion, the pilot Venture Debt Programme was launched in October 2015.


The SME Venture Loan at a Glance

Local SMEs can apply for venture loans of up to S$5,000,000 for the purpose of business expansion.

  • Working Capital
  • Asset Financing
  • Project Financing
  • Mergers & Acquisitions
Loan Quantum
  • Up to S$5,000,000
  • Warrants will be required

To help SMEs access venture loans, SPRING shares the risk of loan defaults with Participating Financial Institutions in the event of company insolvency.

Interest rates, repayment structures, collateral and warrant structures will be determined by the Participating Financial Institutions.



Companies applying for SME Venture Loan should meet the following criteria:

  • Company registered and operating in Singapore
  • At least 30% local shareholding
  • Group annual sales of ≤ S$100m or group employment size ≤ 200^

^Annual sales turnover and employment size will be computed on a group basis (i.e. All levels up for corporate shareholders holding > 50% of total shareholding of the applicant company and any subsequent corporate parents, and subsidiaries all levels down)

Interested companies may approach any of the following Participating Financial Institutions to apply for SME Venture Loans*.

Participating Financial Institutions Contact
DBS Bank Ltd 1800 222 2200
Oversea-Chinese Banking Corporation Ltd 6538 1111
United Overseas Bank Ltd 1800 2266 121
Innoven Capital 6532 2416
* Subject to banks' credit approval


Before you apply

  1.     Check that your business qualifies for the loan
  2.     Consult any of the Participating Financial Institutions for advice and assistance
  3.     Meet with the financial institution with these supporting documents:
  • Business profile from ACRA
  • Audited accounts or certified financial statements
  • Bank statements
  • Personal income tax assessment of owners and directors
  • Other documents as required by your banker or financial institution



  1.     Approach any of the Participating Financial Institutions with the required supporting documents for submission
  2.     Processing of applications may take 3 weeks or more, depending on the size of the loan and other factors



  1.     Upon successful application, receive funds from the financial institution
  2.     Repayments typically start 1 month after disbursement of the loan
  3.     Make repayments on time

Suggested Reading

Stories to inspire you

Last Updated on : 02 Mar 2018