In this unprecedented COVID-19 situation, which has fragilized the financial position of many of the export manufacturing companies, the latter is seeking financial assistance to sustain their operational and salary costs.
From feedback received, while many companies have approached commercial banks to assist them, they still need more clarity on the different financial schemes and benefits they could avail of, particularly in this difficult COVID-19 period.
In this same vein, MEXA is developing a new line of service to assist its members in terms of providing information and guidance on the different financial schemes and incentives which are available to the Export Manufacturing sector.
MEXA through its long working relationship with the Institutions and Ministries concerned, will accompany its members in their initiatives to seek any financial assistance; be it in terms of import loans, leasing facilities for purchase of machinery and equipment, corporate bank guarantees, factoring facilities and Wage Support Loan, among others.
Menu
