{"id":21012,"date":"2019-04-18T15:58:15","date_gmt":"2019-04-18T07:58:15","guid":{"rendered":"http:\/\/www.namnewsnetwork.org\/?p=21012"},"modified":"2019-04-18T15:58:17","modified_gmt":"2019-04-18T07:58:17","slug":"ambank-partners-cgc-to-provide-rm30-million-for-start-ups","status":"publish","type":"post","link":"http:\/\/namnewsnetwork.org\/?p=21012","title":{"rendered":"AmBank Partners CGC To Provide RM30 Million For Start-ups"},"content":{"rendered":"\n<p><strong>KUALA LUMPUR, April 18 (Bernama) &#8212;\u00a0<\/strong>AmBank (M) Berhad (\u201cAmBank\u201d) and Credit Guarantee Corporation Malaysia Berhad (\u201cCGC\u201d) have entered a new strategic partnership to fulfil the financing needs of Small and Medium Enterprises (SMEs). AmBank and CGC today launched SME Biz Start Up-i which is aimed at assisting start-ups who have been in business between one to three years and lack collateral as well as access to financing.<br><br>The Shariah-compliant facility offering RM30 million in financing is a partially secured financing package that comes with 70% of CGC\u2019s guarantee coverage. The facility offers financing ranging from RM30,000 to RM300,000 to qualified SMEs.\u00a0 <\/p>\n\n\n\n<p><a href=\"http:\/\/mrem.bernama.com\/viewsm.php?idm=34365\">http:\/\/mrem.bernama.com\/viewsm.php?idm=34365<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>KUALA LUMPUR, April 18 (Bernama) &#8212;\u00a0AmBank (M) Berhad (\u201cAmBank\u201d) and Credit Guarantee Corporation Malaysia Berhad (\u201cCGC\u201d) have entered a new strategic partnership to fulfil the financing needs of Small and Medium Enterprises (SMEs). AmBank and CGC today launched SME Biz Start Up-i which is aimed at assisting start-ups who have been in business between one [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[315],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/21012"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21012"}],"version-history":[{"count":0,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/21012\/revisions"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21012"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}