Singaporean firm ramps up help to SMEs with targeted business loans


Hong Leong Finance (HLF) has started an outreach campaign to help small and medium-sized enterprises (SMEs) manage cash flow and soften the impact of the coronavirus crisis.

The company said on Tuesday (June 23) that it will continue to offer solutions from revolving credit lines to accounts receivable funding and supplier invoice financing to affected firms.

It also provides assistance in meeting project delivery and trade-specific requirements, as well as loan payment deferments until the end of the year for commercial property.

The aim is to offer quick help to businesses and retail customers with cash flow needs, HLF said, noting that many small firms are not familiar with the loan programmes on offer.



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