MSMEs could get funds from financial institutions through the various SJPP working capital schemes without any collateral, said SME Labuan Jefery Tan.
LABUAN: The Small and Medium Enterprise Association of Labuan (SME Labuan) has urged micro, small and medium enterprises (MSMEs) to utilise Syarikat Jaminan Pembiayaan Perniagaan’s (SJPP) RM20bil SME loan guarantees announced in the revised Budget 2023.
“This will allow MSMEs to obtain access to financing facilities from financial institutions through various SJPP working capital schemes with no collateral required,” president Jefery Tan told Bernama here recently.
Already a subscriber? Log in.
Save 30% and win Bosch appliances! More Info
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
