microLEAP has partnered Commerce Access Sdn Bhd (CASB) and Halal Development Corporation Berhad (HDC) to help SMEs manage working capital needs when taking on government projects. The collaboration aims to improve financing readiness among SMEs and increase awareness of financing solutions under the SARANA Programme. The programme supports eligible SMEs and contractors undertaking government-related projects through participating Securities Commission Malaysia (SC) regulated peer-to-peer (P2P) financing platforms. Government contracts offer growth opportunities for SMEs. However, many businesses face working capital challenges when mobilising projects, purchasing materials and managing operational expenses. They may also need to fulfil contractual obligations before receiving payments…
Author: microLEAP PLT
Author
microLEAP PLT
microLEAP is an Islamic fintech company with a strong focus on delivering measurable impact. Through its Peer-to-Peer (P2P)Financing platform, microLEAP has expanded its product suite to include micro-financing, term financing, purchase order (pre-sales)financing, and invoice (post-sales) financing — designed to address the diverse funding needs of Micro, Small & Medium Enterprises (MSMEs) and Mid-Tier Companies (MTCs).