New platform comes amid financing challenges faced by Singapore organisations
The Singapore Business Federation (SBF) and Enterprise Singapore (EnterpriseSG) have launched a new one-stop platform that seeks to help businesses strengthen their financial literacy and resilience.
The new Centre for Enterprise Financing Advisory (CEFA) was launched on Monday, nearly a year after it was first announced in July 2025.
CEFA is described as a "dedicated financing advisory hub" that will help enterprises in Singapore in their financing journey by giving them access to various financing options that are best suited for their needs.
"Through this partnership with SBF on CEFA, we are bringing together key partners and expertise under one roof, making it easier for enterprises to access financing advice and resources to strengthen their financial capabilities," said Geoffrey Yeo, Assistant Managing Director for Capabilities, Product & Policy, EnterpriseSG, in a statement.
CEFA offers an advisory and facilitation service, where it will work with financial institutions to provide businesses with advisory on relevant financing solutions they need.
The advisory hub will also collaborate with other ecosystem partners to enhance the financial literacy and readiness of Singapore's enterprises so they can make more informed financing decisions.
Additionally, CEFA will give businesses access to a suite of resources, tools, and training programmes to strengthen their financing capabilities.
Financing challenges of Singapore firms
The new one-stop platform comes as many small enterprises in Singapore remain "disproportionately vulnerable," according to a recent SBF survey.
Its findings revealed that many businesses are still facing cash flow pressures and weaker access to financing support, with gaps present in financial literacy and in businesses' ability to navigate the financing ecosystem.
"SBF's latest Enterprise Financing Survey shows that enterprises need more than capital alone – they also need clearer guidance to understand financing options, connect with the right partners, and plan for sustainable growth," said SBF CEO Kok Ping Soon in a statement.
"CEFA, together with our network of financial institution partners, and the refreshed Financial Management Toolkit, brings this support together in a more coordinated and accessible way."
