Maybank unveils 10-minute approval digital financing solution for SMEs

Registered SME businesses with turnover below RM25mil, including non-Maybank customers are eligible to apply for financing via the SME Digital Financing, Maybank’s Group president and chief executive officer Datuk Abdul Farid Alias said.(pic)

PETALING JAYA: Maybank has unveiled a 10-minute approval digital financing solution for small and medium sized enterprises (SMEs) 24 by 7, without the need to make a branch visit, a Maybank statement said.

The launch of Maybank SME Digital Financing marks the bank’s expansion in the digital lending space.