The partnership will combine JACCS' longstanding expertise and international resources with CARSOME Capital’s ecosystem and local know-how, in order to introduce tailored financing solutions in Malaysia, with an emphasis on under-served segments.
Under this initiative, foodpanda merchants who meet the eligibility criteria can access financing of up to MYR100k (US$22,207). The program offers an attractive annual interest rate of 2% and a flexible repayment period of up to 24 months.
Boost Bank has announced the upcoming launch of its SME financing services in early October. This underscores the bank’s commitment in driving financial empowerment and inclusivity for both SMEs and MSMEs across the nation.
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