SINGAPORE - Hong Leong Finance has started an outreach campaign to help small and medium-sized enterprises manage cash flow and soften the impact of the coronavirus crisis.
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. "HLF has been actively reaching out to the small businesses near its SME Centres such as local 'mom-and-pop' shops. Its staff provide financial guidance and help business owners overcome language barriers by assisting them in filling out application forms for loan assistance," it added.
The SME Capability Ready Programme is available as well to assist firms with cash flow while they wait for government grants to help them upgrade their businesses.