Singapore
Financing a Business in Singapore
Recent forum posts
-
Direct Access To A Safe & Secure BG/SBLC Platform
Dear Partner/Associate,We are accredited mandate to a renowned provider for bank instruments; BGs | SBLCs | LCs | DLCs ET AL for lease and sale, Issuance by HSBC Bank Oman, Barclays Bank London , Deutsche Bank, BNP Paribas, & AAA Rated Banks in Europe, Middle East or USA.Our BG/SBLC Financing can help you get your project funded, LOAN financing by providing you with yearly renewable leased
Total Posts: 1 Last post by cynassets
-
Business and Real Estate Funding Via Bank Guarantee
Dear Partner & Associate,I am the mandate of a genuine and efficient provider for Fresh Cut Bank Guarantee (BG’/SBLC/BD) For credit enhancement, collateral, or to place into trade and commitment to purchase or a standby loan.Whether you are new starting up, medium or large establishment that needs a financial solution to fund/get your project started or an established business looking for
Total Posts: 1 Last post by cynassets
Financing a Business in Singapore
National Government Incentives
The government offers a variety of grants, incentives and support for UK businesses looking to invest in their economy through The Economic Development Board. The support is divided into six broad categories:
- Equipment and Technology
- Business Development
- Innovation, R&D and Intellectual Property
- Headquarters Management
- Industry Development
- Local Government Incentives
The assistance takes the form of grants, tax exemptions, and tax and interest breaks. The grants cover everything from recruitment, equipment to research and development. There are a number of criteria for eligibility, which can be seen at The Economic Development Board website: www.sedb.com
Local Government Incentives
Government agencies, such as The Singapore Film Society, also offer industry specific financial assistance to UK businesses in the form of loans, grants and tax incentives. Details of this can be found at www.business.gov.sg. Non financial assistance is also offered on issues such as premises and training.
Private Finance
Credit from financial institutions is available from a variety of private financial institutions such as HSBC and Barclays, which have branches in the Singapore. As with all commercial loans, a strong business plan and an understanding of the local business conventions and etiquette are important if pursuing this form of finance. A financial centre, Singapore has over 100 foreign banks in various forms.
Click here to Ask an Expert about Financing a Business in Singapore
Organisations that can assist with Financing a Business
-
> Need to open a bank account in this country?
Business Banking advice Advice on which type of bank account would best suit your business. Help making payments – and getting paid.
