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Tooling Loan Fund Expression of Interest (EOI) Form This EOI will help us understand more about your tooling project and funding requirements which can be used to fund the manufacture of a tool(s)
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How to fill out national tooling loan fund

01
Gather all required documents such as proof of business registration, financial statements, tooling cost estimates, etc.
02
Contact the National Tooling Loan Fund office to request an application form and clarify any doubts regarding the process.
03
Fill out the application form accurately and completely, providing all necessary details and documentation.
04
Submit the completed application form along with all required documents to the National Tooling Loan Fund office for review.
05
Wait for the approval decision from the Fund, which may involve further verification and assessment of the loan request.
06
Once approved, ensure to adhere to the terms and conditions of the loan agreement and make timely repayments as per the schedule.

Who needs national tooling loan fund?

01
Small and medium-sized enterprises (SMEs) in the manufacturing sector who require financial assistance to invest in tooling equipment and improve their production capabilities.
02
Companies looking to upgrade their tooling facilities or expand their operations but facing challenges in securing funding from traditional sources.

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The National Tooling Loan Fund (NTLF) is a program designed to provide financing for the acquisition of tooling and equipment by small and medium-sized manufacturers to enhance their competitiveness.
Manufacturers who take advantage of the financing provided by the National Tooling Loan Fund are required to file necessary reports related to their loans and usage of the funds.
To fill out the National Tooling Loan Fund application, applicants must complete the required forms detailing their business information, the type of tooling or equipment needed, and how the funds will be utilized.
The purpose of the National Tooling Loan Fund is to assist small and medium-sized manufacturers in obtaining necessary tooling and equipment at lower costs, thereby improving production efficiency and global competitiveness.
Applicants must report details including loan amounts, specifications of tooling and equipment acquired, usage reports, and any financial statements as required by the program.
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