Access to finance is a fundamental need for business seeking new opportunities or expansion plans. Oil and Gas Services and Equipment (OGSE) companies can find out more about grants, loans and government tax incentives to become more competitive for future growth in both domestic and regional markets.
Rolling Expenditure Advance Cash Scheme (i-REACH)
To finance short term contract of construction, civil, mechanical, engineering, landscaping and other simple contracts
Minimum 1.0% per month, subject to contract tenure
Applicant must be Small & Medium Enterprise with good credit records.
Obtained contracts for construction, civil, mechanical, engineering, landscaping and others.
Contract awarder must be Federal Government, State Government, Government agencies, GLCs and its subsidiaries.
Contract tenure not more than 18 months.
Fulfilled other eligibility criteria set by SME Bank
Applicants can submit complete financing application directly to SME Bank through their branch networks nationwide. For further enquiries & free consultation or details on i-REACH program, please contact Customer Service Centre via the toll free number 1 800 88 3131 or visit www.smebank.com.my