Get Microcredit Business Scheme Application Form: Part A ... - Mcbs

This guide aims to provide a clear and supportive overview of how to fill out the MicroCredit Business Scheme Application Form: Part A. Whether you are a new entrepreneur or looking to expand your business, this step-by-step process will assist you in completing the form effectively.

Follow the steps to complete your application smoothly.

1. Click ‘Get Form’ button to obtain the MicroCredit Business Scheme Application Form and open it in your browser.
2. Start with Section 1, Business Information. Fill in your business name, registered address, postal code, ACRA registration number, place of business (if different), main contact person details, and their contact number, email address, and fax (if applicable).
3. In Section 2, Business Structure, indicate your business constitution by selecting either ‘Sole Proprietor’ or ‘Partnership’. Provide the name, NRIC number, citizenship, share of business (if applicable), and function in the business for all partners.
4. Proceed to Section 3, Loan Request, where you should describe what your business will do, specify the amount of loan requested (between S$5,000 to S$50,000), duration of the loan, and its purpose (such as setting up a new business or expansion of an existing one).
5. In Section 4, Management, list the individuals involved in managing the business. Describe their prior experience in the proposed business or related fields.
6. In Section 5, Details of Business Plan, answer various questions regarding your products or services, any required licenses, business location, reasons for starting or expanding your business, target customers, product features, sourcing of materials, marketing strategies, and competition.
7. Move to Section 6, Cost of Project/Business Expansion, and detail the costs associated with licenses, rental deposits, equipment purchases, raw materials, and any other expenses. Ensure accuracy in pricing and descriptions.
8. Finally, review the Agreement section, confirming that all information provided is true and accurate, then sign and date the form.
9. Once the form is complete, save any changes made. You can then download, print, or share the form as necessary.

Complete your application online and take the first step towards achieving your business goals.