|
Financial leasing tools for SMEs
More than 120 small-and-medium-sized enterprises (SMEs) gathered at a seminar on financial leasing in Hanoi on Sept. 19 to learn about financial leasing tools in a bid to upgrade technologies, expand production and increase competitiveness.
The seminar, titled “Financial leasing – effective investment measure for SMEs”, was jointly held by the Global Competitiveness Facility for Vietnamese Enterprises (GCF), Sacombank Leasing and the Nghe An province’s chamber of commerce and industry.
Participants shared information about financial leasing services and discussed how to access loans from Sacombank Leasing.
In the past, financial leasing companies have helped to reduce the burden on the local banking system by providing capital for businesses. At present, many businesses are facing a shortage of investment capital so they consider financial leasing companies as effective channels to supply capital sources.
Sacombank Leasing is the first of its kind in Vietnam’s joint stock commercial bank system. Apart from its charter capital of more than VND200 billion, the company also signed a credit contract worth US$8 million with the Netherlands Development Finance Company (FMO). The large source of capital will allow Sacombank Leasing to continue its commitment to developing services in order to meet businesses’ financial needs.
VOV
|
