KUALA LUMPUR, July 2 – Micro, small and medium enterprises (MSMEs) that need financing to face current economic challenges are encouraged to take advantage of facilities under the ‘SME Stabilization Relief Facility (SME SRF)’, with more than RM4 billion of funds still available.
Chief Executive Officer of SME Corp Malaysia, Rizal Datuk Nainy, said the agency plays the role of a central coordinating agency that provides advisory services and channels information on various PMKS development programs under government ministries and agencies.
“We have business counselors at SME Corp Malaysia who always provide advice and channel the latest information on programs such as SME SRF.
“In addition, we also hold an open day every month, while all information related to assistance programs including SME SRF, can be accessed through the SME Info Portal”, he said after being a guest of Biz Malaysia on Tuesday, in Angkasapuri, Kota Media.
He said SME SRF offers financing of up to RM750,000 at an interest rate of 3.75 percent, in addition to being backed by guarantees under the Business Financing Guarantee Company (SJPP) and Credit Guarantee Corporation (CGC) up to 80 percent.
