Flood-affected SMEs urged to take advantage of SMEEF 2.0

KUALA LUMPUR: Small and medium enterprises (SMEs) affected by the recent floods are urged to take advantage of the SME Emergency Fund 2.0 (SMEEF 2.0) to help revive their business.

Entrepreneur and Cooperative Development Minister Tan Sri Noh Omar said SMEEF 2.0 provided an interest-free loan of RM100,000 with a repayment period of up to five years and a 12-month moratorium involving a total allocation of RM100mil.