KINABATANGAN: Loan approvals under federal microfinancing agencies will be shortened to just five working days nationwide, as the government moves to cut red tape and speed up access to funding for small businesses, says Datuk Mohamad Alamin.
The Deputy Entrepreneur Development and Cooperatives Minister Datuk Mohamad Alamin said the accelerated approval timeline applies to financing schemes under agencies such as Tekun Nasional and Amanah Ikhtiar Malaysia, provided applicants submit complete documentation.
