Fast growing and innovative companies can expand your operations with venture debt financing of up to S$6 million.

Introduced in October 2015, the Venture Debt Programme (VDP) serves as an additional funding option for SMEs where venture debt providers may combine loans with rights to purchase equity.

TO facilitate continued access to alternative financing, the VDP will be extended for another three years from 1 April 2018 to 31 March 2021.

Enterprise Singapore shares 50% of the risk of loan defaults with Participating Financial Institutions (PFIs) in the event of company insolvency interest rates, repayment structures, collateral and warrant structures will be determined by the PFIs.