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Money flow problem arises once the bank recalls its loan or terminate other lines of credit for the organization. In Singapore, many small and medium size enterprises Smes run into money flow problems when the neighborhood banks cut or minimize the bank loans. In 2003, there was a record high of 4484 individuals who had been declared as new bankrupts.

 In the past there were six main regional banks with banking officers who understood the sentiments and businesses of Smes and had close banking relationships with them. Nonetheless, in latest years with mergers and restructuring within the regional banking scene, only 4 significant banks remain with several of these banking officers retrenched and also the bank loans towards the Smes drastically decreased. 

The banks understanding and rapport with all the Smes are lost. The new banking officers are stricter and loans usually are not provided to Smes, which exceed the banking credit facilities and don't offer suitable accounting records. Also, the neighborhood banks have shifted their focus to other low risk and fee based services. 

The Singapore government plays a keen and active function in developing a conducive environment for enterprise growth, nurturing innovative startups, establishing important industry clusters, and growing dynamic and revolutionary growth oriented enterprises. The government has implemented several schemes in line with developing and upgrading infrastructure and creating new market place opportunities. [http://www.jukeboxalive.com/blog.php?blog_id=13556491 SME Business Loans]

The government provides assistance schemes in attaining an Employment Pass for foreign Entrepreneurs who are prepared to incorporate a firm in Singapore. Additionally they supply Entrepreneurship Instruction for professionals, managers, executives and technicians.

To alleviate the monetary burden, the government has financing schemes to support the growth of smes. The Bridging Loan Program supplies sme loans of as much as Dollar five million for local and foreign smes using a minimal five percent interest rate for loan tenure of four years and below. The Organization Angels Funds supplies Singapore based organizations a co investment financing solution from preapproved angel groups, as much as Dollar 1.5 million in matching capital. Spring Singapore can be a government department tasked with expanding progressive businesses and fostering a competitive sme sector.

Mortgage Supermart Singapore is Singapores Top Mortgage and Loans Brokerage consultancy, build for Consumers and Firms to provide the best financing solutions.

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