E-commerce is no longer the future, it’s the present. The Covid-19 pandemic attributed to the expedited increase in online sellers this past year. So if you are looking to embark on the journey of an online business, you may want to know about these amazing e-commerce platforms or e-marketplaces that …
SME Grants Malaysia: The Definitive Guide [2021]
Entrepreneurs need money to fund their businesses. Not all of them but some of them. It can be hard to scale up your business without sufficient funds, and sometimes relying on investors is just not the way to go. In Malaysia, there are several ways for a business to get …
How Online Financing Helps Your Business
Running a business as SME, requires a substantial amount of cash for operations, marketing, payroll, and others. are short term and long-term financing for businesses, and many options under each, suited to cater to the nature of the business. The reason why these loans exist is to ensure that the …
Types of Financing Available For Businesses and Why You Need Them
Many CEOs of small and medium enterprises (SMEs) often complain about the lack of small business funding options, which they need so that they can grow their business and take advantage of investment opportunities that give them profitable returns. Due to the significant levels of uncertainty and risk that SMEs …
Social Enterprise Financing
Here’s a bit of good news for all Social Enterprises. If you are a registered social enterprise or are eligible for social enterprise registration, then we have a message for you! Budget 2020, a budget released by the Malaysian government in October 2019, announced a fund allocation of RM10million specifically …
Should I Choose Business Financing or A Personal Loan?
A catch-22 situation that all business owners face at some point, is where to get substantial funding to grow their business. Businesses nowadays have to be innovative, forward-thinking and problem-solving entities to entice their customers and make an impact in their audience. For that to happen, they need funding. Despite …
How to Improve your SME Financing Approval Rate
Getting SME financing is a hurdle many small businesses face. Banks are strict with lending money to businesses more so than lending money to individuals. However, the fact remains that businesses in general sometimes need financial aid to keep it afloat and stabilise cash flow. While getting your business financing …
Why SMEs Should Choose Digital Financing Platforms instead of Traditional Banking.
If you are a small business or planning on starting up a business, you are more than likely aware of the difficulties of getting a business loan. Traditional banking both for business and personal loans involve long processes and procedures, making it difficult and strenuous. Which is why more businesses …
How to use your Business Loan and Use it Cost Effectively
It is a well-established fact that finance is the most fundamental factor in which a successful business thrives. This makes financial decisions both vital and precarious which your business could highly benefit from. Apart from deciding the source of financing, it is as important to consider the amount of business …
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How to Manage Working Capital for SMEs
What is the most important focus area for any business? Most SMEs make the mistake of focusing only on the profitability of the business. But liquidity is the other pillar on which a company stands. Liquidity is achieved through efficient working capital management. The concept is similar to a person’s …