Overview
One of the key pillars of Singapore’s economy, the construction industry is set to grow tremendously in the coming years, with strong investment in industrial, commercial and sustainable projects. Yet, great opportunities come with many constraints.
Faced with concerns over labor shortage, cash flow and payment management, companies are looking to navigate these challenges to expand their business and improve productivity.
No matter which stage you are involved in, be it construction, renovation contractors or systems installation, material supply or equipment leasing, let us help you with the right solutions for your business.
In summary, the building and construction industry is reliant on deposits and cash for financial stability, funding construction projects, and effectively managing cash flow. Deposits play a critical role in ensuring that construction companies can meet their financial obligations and navigate the challenges of this dynamic and cyclical sector.
How these products can help companies in this industry
Trade financing solutions provide short-term financing options for Construction businesses. It enables your companies to manage working capital gaps and unlock funds in building materials, thereby putting less pressure on cashflow. Learn More
Project Loan under the Enterprise Singapore Government Assisted Scheme enables fulfillment of domestic or overseas projects if you are looking to expand and venture into new markets. Learn More
Choose from our wide range of insurance products to help prevent disruption to business and operations.
Life Insurance solutions to ensure the continuity of your business if there is an unexpected loss of a keyman by having access to a large reservoir of cash reserves with adequate liquidity.
Endowment Plans that allows business owners to receive income for life.
Deposits offer interest-bearing options, allowing companies to earn a return on their idle funds where these earnings can be reinvested into the business or for additional projects, ultimately improving the company's financial position. Learn More
REFLEX enhances convenience and efficiency, allowing these firms to manage their finances more effectively and facilitate seamless payment transactions in the dynamic construction environment. Learn More
Conclusion
With a dedicated team specialized in working with construction companies, we understand your needs and can help take your business to new heights.
Connect with us to learn more!
This advertisement has not been reviewed by the Monetary Authority of Singapore.