Supports Singapore-based businesses access to finance

What is Loan Insurance Scheme (LIS)?

Available to businesses in all sectors, LIS is sponsored by IE Singapore and SPRING Singapore. It helps Singapore-based businesses which are in need of finance to secure short term trade financing lines via banks or financial institutions by insuring the banks against insolvency risks of the borrowers.
As one of the participating financial institutions, Bibby Financial Services promises to provide tailored Factoring facility to qualified SMEs to meet your working capital needs.
To Learn more:
IE Singapore
SPRING Singapore

Benefits of LIS

  • Support – Helps Singapore-based SMEs to secure short term trade financing lines
  • Subsidy – Government provides premium support of up to 50%
  • Accessibility – Covers both overseas and domestic trades

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