UOB, EnterpriseSG launch programme for SMEs to secure sustainability-linked financing

SMALL and medium-sized enterprises (SMEs) can pursue sustainability performance targets and obtain preferential loan rates from UOB, in a new programme launched by the bank and Enterprise Singapore (EnterpriseSG) on Wednesday (Jun 12).

The Sustainability-Linked Advisory, Grants and Enablers (Sage) Programme aims to help SMEs reduce the time, cost and resources required to set sustainability performance targets and secure financing.

Under the Sage Programme, SMEs can select from three options of pre-defined, sector-specific sustainability performance targets to obtain sustainability-linked financing from UOB.

Source: THE BUSINESS TIMES