Plenty of funding for SMEs: CGC

From left: SAME advisor Peter Phang, SAME CEO Neil Foo and CGC assistant vice president of branch performance department, Hon Chee Yoong

Bank Negara’s subsidiary says SMEs need to get their papers in order while financiers ought to highlight SME schemes, reports JOY LEE.

Access to finance has been a long-standing issue among small and medium enterprises (SMEs). Most small businesses complain that there is a lack of funding available to SMEs as they are, by and large, shunned by financial institutions.