Internationalisation Finance Scheme (IFS)

Internationalisation Finance Scheme (IFS) is a programme designed to assist aspiring Singapore-based companies who wishes to venture abroad and are in need of financing facility. IFS provides indemnification to Participating Financial Institutions (PFIs) who provides the facility.

With IFS, companies have opportunities to access financing facilities provided by PFI in the following categories:

  • Asset-based financing to purchase fixed assets for use overseas, or to purchase/construct factories overseas.
  • Structured loans to finance the working expenses of secured overseas projects.
  • Banker’s guarantee for issuance of guarantee facilities for secured overseas projects which can take the form of advance payment guarantee, performance guarantee or tender bond guarantee.
  • Merger and Acquisition financing to finance acquisition of equity stakes in businesses for overseas expansion. The acquisition should be in line with the applicant’s core business.

Interest rates, repayment structures and collateral requirements will be determined by PFIs.

Singapore companies in Marine and Offshore Engineering can access up to S$70 million in credit facilities. For more information, click here

Mid-sized companies who are seeking information and support to undertake projects, can find out more here.


Singapore-based companies with main business functions in Singapore and annual sales revenue (including subsidiaries) of less than S$500 million (for trading companies) or less than S$300 million (for non-trading companies) may apply.


Participating Financial Institutions (PFIs) Contact Details
Bank of China 6412 8656 / 6412 8342
CIMB Bank Berhad 6302 2688 / 6410 3240
DBS Bank Limited 1800 222 2200
Hong Leong Finance Limited 1800 338 8338
IFS Capital Limited
6270 7711
Industrial and Commercial Bank of China Limited
6538 1066
Malayan Banking Berhad (Maybank) 6550 7586
Mizuho Bank, Limited 6805 3766
ORIX Leasing Singapore Limited
Standard Chartered Bank
6339 3622
1800 747 7000
Oversea-Chinese Banking Corporation Ltd (OCBC Bank)
6538 1111

Resona Merchant Bank Asia Ltd 6224 7155 / 6228 6105
Standard Chartered Bank
1800 747 7000
The Hongkong and Shanghai Banking Corporation Limited 1800 216 9008 / 6216 9000
United Overseas Bank Limited 6539 1236

For more information on how we can work with you to grow your business, click here.