Sign up
Sign up

SME Financing

What is the meaning of SME financing?

SME financing is a collection of financial products and services designed for the specific needs of small and medium-sized enterprises (SMEs) to support their growth and development — providing access to capital to cover various business expenses such as expansion, marketing, and managing operational costs. There are also several advantages that SME financing has over conventional banking including flexibility, easier application process, and more.

Additionally, SMEs can choose from a variety of financing options, catering to both specific and general business needs:

  • Business Term Financing/-i

  • Micro Financing/-i

  • Invoice Financing/-i

  • Micro Credit Line

  • Dealer Financing

  • Business Credit Line

  • Property-Backed Secured Financing

  • CGC Portfolio Guarantee Scheme

*-i denotes Islamic financing available.

Before choosing which SME financing option is ideal for you, it's crucial to carefully consider the eligibility requirements, potential risks, and varying interest rates associated with the different financing options.