1
Startup SG Tech (EnterpriseSG)
Best for pre-revenue deep-tech with R&D proof-of-concept stage
What they are: EnterpriseSG scheme: proof-of-concept (POC) and proof-of-value (POV) grants for innovative SG startups.
Why this persona: Pre-revenue deep-tech, AI / robotics / biotech / cleantech SaaS startups frequently can't qualify for any debt route. Startup SG Tech provides non-dilutive grant capital at the POC and POV stages — verify current cap and qualifying tech categories on the EnterpriseSG page.
Relevant products: POC grant (proof-of-concept), POV grant (proof-of-value).
Watch-out: Grant, not loan — non-repayable but eligibility is tech-category-restricted. POV requires POC milestone completion.
Source: Startup SG Tech (EnterpriseSG) (official) ↗
Startup SG Tech (EnterpriseSG) (official) Verified 8 Jun 2026 Opens in a new tab Full review →
2
Funding Societies
Best for SaaS with 6–12 months ARR history and ACRA-registered Pte Ltd
What they are: MAS CMS-licensed SEA digital SME-financing platform; multiple loan types including a Start-Up Financing product.
Why this persona: SaaS founders past the pre-revenue phase but still under bank-tier thresholds (typically 2+ years operating history) often slot into Funding Societies' Start-Up Financing or Working Capital Loan products. Application path is fully online — friendly to tech-founder UX expectations.
Relevant products: Start-Up Financing, Business Term Loan, Working Capital Loan, Invoice Financing.
Watch-out: Loans funded via accredited-investor pool under MAS CMS licence — read T&Cs. Rates and fees per lender product page.
Source: Funding Societies (official) ↗
Funding Societies (official) Verified 8 Jun 2026 Opens in a new tab Full review →
3
GXS Bank
Best for digital-native SaaS with primary business banking on GXS
What they are: MAS-licensed SG digital bank; FlexiLoan product line and integrated business account.
Why this persona: For SaaS founders running their primary business account on GXS, the integrated transaction signal substantially improves credit assessment. The FlexiLoan instalment product covers smaller-ticket working-capital needs and balance-transfer scenarios.
Relevant products: GXS FlexiLoan – Instalment Loan, GXS FlexiLoan – Balance Transfer.
Watch-out: Smaller product range than legacy banks. Best paired with an EFS bank route for larger fixed-asset financing.
Source: GXS Bank (official) ↗
GXS Bank (official) Verified 8 Jun 2026 Opens in a new tab Full review →
4
DBS Bank
Best for revenue-generating tech SMEs (2+ year ARR history)
What they are: Largest SG-anchor universal bank; EFS-WCL participant + Digital Business Loan + Business Loan suite.
Why this persona: Tech SMEs with established ARR can use DBS Digital Business Loan for faster online application or DBS Business Loan for larger-ticket term financing. DBS publishes a separate venture-debt route via DBS Ventures for revenue-stage tech.
Relevant products: DBS SME Working Capital Loan (EFS), DBS Digital Business Loan, DBS Business Loan.
Watch-out: EFS-WCL requires the 30% local shareholding gate — foreign-founded tech startups may fall outside.
Source: DBS Bank (official) ↗
DBS Bank (official) Verified 8 Jun 2026 Opens in a new tab Full review →
5
EFS Venture Debt (via EnterpriseSG)
Best for VC-backed tech SMEs (Series A+) seeking debt alongside equity
What they are: EnterpriseSG's Venture Debt facility under the Enterprise Financing Scheme — non-dilutive debt alongside VC equity.
Why this persona: VC-backed tech startups can pair priced equity rounds with EFS-backed venture debt to extend runway without further dilution. The participating bank carries the loan; EnterpriseSG shares default risk.
Relevant products: EFS Venture Debt (administered via participating banks: DBS, OCBC, UOB, Maybank, CIMB, Standard Chartered, RHB, HLF).
Watch-out: Requires named institutional equity investor on the cap table. EnterpriseSG sets the parameters per programme cycle — verify current cap.
Source: EFS Venture Debt (via EnterpriseSG) (official) ↗
EFS Venture Debt (via EnterpriseSG) (official) Verified 8 Jun 2026 Opens in a new tab Full review →