Tekun targets 24-hour loan approvals for small businesses (opens original article in a new tab)

Tekun Nasional plans to offer 24-hour loan approvals for small businesses under RM20,000 to help MSMEs access working capital faster, alongside launching a digital portal for financing applications.

• Tekun Nasional aims to approve financing below RM20,000 within 24 hours for MSMEs
• The ministry launched the Tekun Nasional Portal for digital financing applications and information
• Tekun Nasional approved RM92 million in Melaka and RM5 billion nationally as of May 31