Co-Founder and CEO of Qualgro portfolio company Funding Societies, Kelvin Teo, CPA shared his reactions to the enhancements made to the Enterprise Financing Scheme which was announced at last Friday’s Budget 2024 Singapore.
Delivered by Deputy Prime Minister and Finance Minister Lawrence Wong, this year’s Budget emphasised Singapore’s crucial role in bolstering support for both Singapore citizens and businesses alike.
In his words, “This continued support will earnestly complement traditional financial institutions (such as banks) and digital lenders, like ourselves, to serve in meeting the working capital and trade financing needs of Singapore SMEs.”
Read more about Kelvin’s take on the Budget here: https://www.linkedin.com/posts/funding-societies_budget-2024-quick-takes-on-enterprise-support-activity-7165540582583468032-iqRm?utm_source=share&utm_medium=member_desktop
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First published on Funding Societies’ LinkedIn page on 16 Feb 2024
