Purpose:

For companies seeking trade facilities

The Loan Insurance Scheme (LIS4) is a joint programme between IE Singapore and SPRING Singapore. Currently in its fourth tranche, the programme helps Singapore-based companies secure short term trade financing lines by getting them insured by commercial insurers against insolvency risks. A portion of the insurance premium is supported by the Government. The programme also comprises of LIS+ whereby the Government underwrite loans that are beyond the capacity of commercial insurers.

LIS4 supports loan facilities for both domestic and overseas trade, which include inventory/stock financing, structured pre-delivery working capital, factoring/invoice or accounts receivable discounting, and banker’s guarantee for contractual fulfilment.