Invoice Bazaar Blog

SME Corp & MIDF unveil scheme to help Malaysian SMEs manage their cashflows

By Invoice Bazaar | July 27, 2021

To enable SMEs across Malaysia to manage their cashflows better, SME Corporation Malaysia and the Malaysian Industrial Development Finance Bhd (MIDF) have teamed up and launched the SME Revitalisation Financing (SMERF) scheme.

Besides helping innumerable SMEs overcome various financial constraints, the newly-launched SMERF facility will also benefit some of the underserved business segments severely affected by the Covid-19 restrictions. Furthermore, SMERF will also assist small business owners across Malaysia to strengthen their products’ marketability, improve business sustainability, and adopt technology and modernization.

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