Commerze Capital Sdn. Bhd. (Commerze Capital) is ready to support small and medium enterprises (SMEs) in Malaysia by providing financial solutions for post-pandemic business revival.
The services that have been introduced and tailored to the financial needs of SMEs are financial consulting, pre-factoring, and invoice financing for past pandemic business revival. It aims at SMEs that have been awarded contracts by the government, government-linked companies (GLCs), and selected public-listed companies (PLCs), with the latter group including SMEs without contracts, notwithstanding requiring financial advisory.
Telekom Malaysia (TM) has chosen Commerze Capital as one of the preferred financial institutions for its Perintis vendor financing programme in 2020 by providing a comprehensive financing package.
The company is looking into expanding its partnership with the contract awarder by venturing into vendor financing programmes in order to stimulate business growth for SMEs.
“We anticipate that this initiative would serve as a financial advisory platform for local company owners and entrepreneurs, particularly those affected by the pandemic, to help them revive and expand their businesses sustainably. In addition, we are also looking into assisting the underserved markets that encounter greater challenges in running their businesses,”Commerze Capital Chief Executive Officer, Haji Shahrom Latif said.
