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Leveraging resources for growth

KUALA LUMPUR: While there are opportunities that entrepreneurs and small and medium enterprises (SMEs) can tap into even during the Covid-19 pandemic, they must also learn to leverage on the strengths of business partners in the ecosystem for the best chance of success. ....

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Sunway Malls launches retailers relief financing scheme

Sunway Malls launches retailers relief financing scheme
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Affin Bank launches second tranche of BizDana-i

President and group chief executive officer Datuk Wan Razly Abdullah Wan Ali said the financing scheme is aimed to assist ambitious start-up entrepreneurs.
KUALA LUMPUR: Affin Bank Bhd has introduced its second tranche of the BizDana-i Start-Up financing scheme with an allocation of RM20 million, up from RM15 million allocated in October last year.
President and group chief executive officer Datuk Wan Razly Abdullah Wan Ali said the financing scheme is aimed to assist ambitious start-up entrepreneurs who have feasible projects with promising business plans by providing working capital to help expand their business operation and support growth.
Up to RM300,000 in financing and repayment tenure of up to 84 months are available for eligible start-ups. Registration is open from June 14, 2021,” he said in a statement today. ....

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CGC continues to offer assistance to small businesses

Credit Guarantee Corporation Malaysia Bhd (CGC) will continue to offer its guarantee and repayment assistance to support micro, small and medium enterprises (MSMEs) whose businesses are expected to be further impacted by the full lockdown nationwide from June 1. ....

Kuala Lumpur , Bank Negara , Credit Guarantee Corporation Malaysia Bhd , Guarantee Corporation Malaysia Bhd , Targeted Relief , Recovery Facility , Targeted Repayment Assistance , Credit Guarantee Corporation , Repayment Assistance , Targeted Relief And Recovery Facility , குவாலா லம்பூர் , வங்கி நெகாரா , கடன் உத்தரவாதம் நிறுவனம் மலேசியா ப்ட் , உத்தரவாதம் நிறுவனம் மலேசியா ப்ட் , இலக்கு துயர் நீக்கம் , மீட்பு வசதி , கடன் உத்தரவாதம் நிறுவனம் , இலக்கு துயர் நீக்கம் மற்றும் மீட்பு வசதி ,

SOLVING SME FINANCING WOES

Addressing the cause: CGC s financial advisory services are delivered by the Financial Advisory Team to accomplish the aim of increasing the number of SMEs successfully obtaining financing.
CREDIT Guarantee Corporation Malaysia Bhd (CGC) wants to address the lack of access to business financing for Malaysia’s micro, small and medium enterprises (MSMEs).
Firstly, MSMEs can use Malaysia’s first SME free online financing referral platform imSME to understand the financing options available, based on their current business condition.
For those unsuccessful in obtaining financing, they can leverage on the CGC Developmental Programme with its advisory services to improve their chances. ....

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