Although there are no banks specifically for SMEs, Brunei has nine licensed banks which provides loans and credit facilities for both consumer and corporate financing, which also cater to SMEs.
Resources
SME Academy Resources
Micro Credit Scheme Bank Islam Brunei Darussalam
The Micro Credit Financing Scheme (MFS) enables our local SMEs to go further, allowing a maximum financing amount of BND 50,000. MFS caters for a wide range of industries, so whether you are in the industrial manufacturing sector or in consumer-based industries such as retail, food and beverage, or hospitality, your business is eligible to apply.
Enterprise Facilitation Scheme
The Enterprise Facilitation Scheme (EFS) makes this possible for you, granting SMEs financing up to a maximum amount of BND 5 million dollars to help your business on its way. EFS covers a wide range of activities, whether you are using the financed amount to purchase equipment, fund a project or contract, or increase your working capital.
Bank Islam Brunei Darussalam
The Export Financing Scheme (ERS) provides direct and indirect exporters with short-term financing before and after they make a delivery. These facilities are granted to companies registered and certified as an exporter.
SME Finances Bandai Bank Group Brunei
Tge Baiduri Bank offers functional and customizable solutions to keep the SMEs’ finances in order. By strategically combining sound financial advice and innovative banking facilities, their SME Financing Consultants can assist a financing plan best suited for your business.
Bandai Bank Group Brunei
Provided by Bandai Bank Group, SMEs can seize their competitive advantage with ease using the micro credit scheme, and enterprise facilitation scheme.
Market Readiness Assistance by IE Singapore
The Free Trade Agreement (FTA) Certificate Programme is a very useful course for company representatives who are interested in learning more about FTAs and how they can tap on the benefits of Singapore’s FTAs to expand their business overseas. Organised by FTA professionals and developed by IE Singapore, the course combines presentations by FTA experts and practitioners, and is carried out in an interactive workshop format with hands-on guided group projects and discussion.
ISSEC
This is a one-stop business services center launched in November 2013 in Shanghai to assist Singapore companies venturing into China. It was jointly launched by IE Singapore and the Singapore Chinese Chamber of Commerce & Industry (SCCI), and offers a suite of integrated services including business advisory, market information and business matching.
SME Portal
The SME Portal (formerly known as the EnterpriseOne Portal) is the first stop for Singapore SME owners and aspiring entrepreneurs looking for information, tools and services that can help them build sustainable and competitive businesses.
Serving the business community since 2006, the Portal has been enhanced over the years to meet the changing needs of SMEs.
Through collaborations between Enterprise Singapore, government agencies and over 30 industry partners, the Portal now offers useful government and commercial information and services for SMEs at various business stages. This includes centralised information on government assistance schemes, industry insights and exclusive offers on business solutions. The Portal also serves as a point of access to key government e-services such as GeBiz Alerts and other commercial resources.
Users can create an account to receive personalised information and services based on their interests and business needs. With an SME Portal account, you can also connect with like-minded individuals across industries to achieve common business goals.
Visit SME Portal today for faster and smarter access to useful business information and services!
Summer Programme NUS
Summer Programme aims to provide you with a comprehensive educational experience. You will also get to get to interact with local students in a multi-cultural and cosmopolitan environment, understand how public policies are formulated and gain insights on business practices and entrepreneurship development in Singapore.