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HAPPENINGS

With cashflow a significant issue in most SMEs due to the effects of Covid-19, GBFS wants to extend a helping hand.

Under the Temporary Bridging Loan (TBL), you can now get access to working capital for your immediate business cashflow needs.

Loan Amount: Up to $500k working capital
Interest Rate: Capped at 5% p.a.
Loan Tenure: 5 years
Loan Repayment: Only service interest for the first 12 months*
*Afterwhich repayment will be Principal + Interest for the remaining loan tenure.

The TBL programme is a government-assisted financing scheme under Enterprise Singapore. The scheme was announced after the Budget 2020 to help eligible enterprises access additional financing until March 2021.

Apply now to get funding for your business! You may also refer to our FAQ to find out more about this programme.

Stay healthy and resilient!

Application form: https://form.gbfs.com.sg/tbl
FAQ: https://bit.ly/gbfstblfaq

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