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Financial Guide for SMEs - SME Corporation Malaysia

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Section III : Financing Your Business<strong>Financial</strong> <strong>Guide</strong> <strong>for</strong> <strong><strong>SME</strong>s</strong>Just as cash fl ow and profi t are importantto the business, ensuring that thebusiness is fi nanced appropriately isessential to achieving fi nancial success.Financing comes in many different <strong>for</strong>msand in this section, we will discuss onfunding a business with debt or equity,and the different types of loan productsthat can be considered. In addition, wewill look at the types of transactionalbanking available and specifi c types offi nancing <strong>for</strong> importers and exporters.Financing your businessis an important part ofgood fi nancialmanagement practice.Not only having accessto fi nance, but also beingable to choose the mostappropriate method offi nance <strong>for</strong> your businesswill result in continuedgrowth and profi tability79chapter 7-13 p79-181 Eng.indd 798/15/11 5:02:53 PM

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