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Loan Insurance Scheme (LIS)

This programme helps enterprises apply for the LIS to secure short-term trade financing for the purpose of: 

  • Inventory / Stock Financing, 
  • Structured Pre-delivery Working Capital (revolving working capital), 
  • Factoring (with Recourse) / Bill of invoice/ AR discounting,
  • Overseas Working Capital Loan.
  • Banker’s Guarantee



Up to 80% support for the LIS insurance premium, valid until 31 March 2021.

Loans are insured by commercial insurers which co-share loan default with the PFI in the event of enterprise insolvency. A portion of the insurance premium is supported by Government. 


You are:

  • A Singaporean enterprise looking to apply LIS to secure short-term trade financing.


You need to:

  • Be a business entity that is registered and physically present in Singapore,
  • Have at least 30% local equity held directly or indirectly by Singaporean(s) and/or Singapore PR(s), determined by the ultimate individual ownership,
  • Group revenue of up to S$100 million or maximum employment of 200 employees.
What to expect when applying

Interested enterprises may approach any of the following Participating Financial Institutions to apply for the loan with the required supporting documents (subject to banks’ credit approval).

List of Participating Financial Institutions can be found here.

Useful links
For more details: LIS