CREDIT FACILITIES FOR SMALL AND MEDIUM INDUSTRIES: OPTIONS AND OPPORTUNITIES

Competitive and resilient SMIs are important in the growth and development process of the Malaysian economy and thus it is no surprise that the government of Malaysia is equally supportive by providing multiple financing options. Whether the SMI intends to upgrade its management and marketing skills or to strengthen its technology by applying information and communication technology, SMIs in Malaysia are spoilt for choice the financial packages on offer.

This book in a boon for SMIs in that it details the various financial packages such as the ERDF, CGC, Direct Access Guarantee schemes, PROSPER, ECR, Factoring as an alternative option to financing. In addition, the author, an experiences banker has included extensive information from the formalities, actual forms and the relevant financial institution under the various financial options. The options and opportunities for SMIs, in various forms of needs, in securing a good financial base in Malaysia is limitles. It is hoped that readers from the SMIs will be able to make a wise and apt decision from this one-stop trove of information and contribute through its strength to the positive development and growth of Malaysia.