1. Can EFS-Green support my company’s projects overseas?
Yes, EFS-Green supports both overseas and domestic projects.
2. What is the difference between EFS-Green and other EFS products?
EFS-Green is a targeted scheme to support eligible enterprises (i.e. Project Developers, System Integrators, Technology & Solution Enablers) in Green Growth Sectors such as Clean Energy, Circular Economy, Green Infrastructure and Clean Transportation to capture opportunities and enable access to green financing. The financing provided by CIMB Singapore will be structured as a Green Facility. The Enterprise Financing Scheme, on the other hand, provides broad-based support to local enterprises across all sectors and where the utilisation of the facility is only tied to the type of financing facility which the enterprise applied for.
3. Can enterprises apply for EFS-Green and other Enterprise Financing Scheme facilities at the same time?
Yes, enterprises can apply for EFS-Green and other facilities under the Enterprise Financing Scheme if they meet the criteria for each scheme, subject to assessment by CIMB Singapore.