SMEs can now seek financing from MFA


KUALA LUMPUR: Micro, small and medium enterprises (SMEs) facing cash flow problems can seek alternative financing from a RM5bil fund offered by 25 registered financiers under the Malaysian Factors Association (MFA).

The RM5bil factoring allocation, which was announced after MFA’s 37th annual general meeting yesterday, will be offered to qualified companies for the new term from 2023 to 2024.

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