Trade Credit Insurance Scheme (TCIS) The TCIS protects companies against cashflow problems arising from situations beyond control such as non-payment from buyers. The Temporary Bridging Loan Programme is a government assisted financing scheme introduced in Budget 2020.This financing scheme is now eligible to all sectors (previously only applicable to tourism industry) after the Solidarity Budget enhancements. 3. Support for the aviation sector Rebates on aircraft landing and parking charges, assistance to ground handling agents, and rental rebates for shops and cargo agents at Changi Airport were announced at Budget 2020. The Temporary Bridging Loan Programme, which was rolled out to the hard-hit tourism sector at last month's Budget, will be made available to enterprises across all sectors from April 1. Under the Temporary Bridging Loan Programme, local enterprises can get access to working capital loan if they meet the following criteria: The Temporary Bridging Loan Programme is a government assisted financing scheme introduced in Budget 2020. As announced at Solidarity Budget 2020 , eligible enterprises may borrow up to $5 million under the TBLP, with the interest rate capped at 5% p.a., from Participating Financial Institutions (PFIs). Temporary Bridging Loan Programme (TBLP) to provide access to working capital for business needs. The new Bridging Loan Programme (BLP) focuses on the needs of all companies, including non-SMEs, by improving their access to working capital. By: Hitesh Khan/ As announced at Supplementary Budget 2020, eligible enterprises may borrow up to $5 million under the Temporary Bridging Loan Programme, with the interest rate capped at 5% p.a., from Participating Financial Institutions (PFIs).The Government will provide 80% risk-share on … The Temporary Bridging Loan Programme (TBLP) provides access to working capital for business needs. Eligible companies may borrow up to $5 million under Temporary Bridging Loan w.e.f 1 April 2020, and is available until 31 March 2021 It is administered by SPRING Singapore and offered through 16 participating financial institutions. As announced at Solidarity Budget, eligible enterprises may borrow up to S$5 million, with the interest rate capped at 5% p.a., from the Participating Financial Institutions (PFIs). Thu, Mar 26, 2020 - 4:20 PM. Under the TBLP, eligible enterprises can secure a loan amount of up to $5 million. We offer affordable interest rates package to help the businesses tide through this period. Temporary Bridging Loan - Hong Leong Finance provides both SMEs and non-SMEs that are impacted by COVID-19 outbreak. The Temporary Bridging Loan Programme is a government assisted financing scheme introduced in Budget 2020.This financing scheme is now eligible to all sectors (previously only applicable to tourism industry) after the Solidarity Budget enhancements.

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