CGC Digital, the fintech arm of Credit Guarantee Corporation Malaysia Berhad (CGC), is introducing a tailored credit guarantee scheme in support of B2B Finpal’s Purchase Financing product. This collaboration combines digital innovation with a robust risk-sharing model to help MSMEs secure funding during critical procurement cycles.
Designed for Speed and Scale
The Purchase Financing programme offers:
- Financing of up to RM300,000, enabling MSMEs to take on larger purchase orders.
- A short-term tenure of up to 120 days, easing pressure on working capital.
- Fast-track approvals in just five days, so businesses can act on opportunities without delay.
“This partnership reflects our commitment to accelerating MSME growth by collaborating with alternative finance providers,” said Yushida Husin, CEO of CGC Digital. “By embracing innovation and building inclusive partnerships, we’re creating a financing ecosystem that adapts to the real-world needs of Malaysian businesses.”
A Gateway to Wider Access
The financing product will also be available on imSME, Malaysia’s first online financing referral platform for MSMEs, operated by CGC Digital.
This will expand reach and visibility, helping businesses match with suitable financing options faster.
This marks the first phase of a broader, scalable initiative between CGC Digital and B2B Finpal, with both parties committed to co-developing additional financing solutions to deepen financial inclusion nationwide.
With this collaboration, Malaysia’s fintech ecosystem takes another step forward in empowering its vibrant MSME sector—paving the way for more businesses to grow, compete, and thrive.
