The Bank of East Asia

Trade Finance

Government Assistance Financing Scheme

The Loan Insurance Scheme (LIS) aims to provide alternative access to financing for SMEs and Singapore-based enterprises. SMEs and Singapore local enterprises can make use of LIS loans to establish a viable business, expand its existing business, diversify into other businesses or augment working capital needs. Types of loan facilities supported include inventory / stock financing, working capital, factoring, bill / invoice / accounts receivable discounting, and overseas working capital via standby letter of credit.

 

LIS is sponsored by SPRING Singapore and IE Singapore and is offered through Participating Financial Institutions. BEA Singapore is one of the participating banks. For scheme details and eligibility criteria, you may contact us or refer to the website of SPRING Singapore.

 

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