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Pakistan's SME Financing Portal Receives Over 10,000 Applications
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On 6 November, the government reported that the State Bank's SME financing portal had received more than 10,000 loan applications since its launch on 1 November. Pakistan has allocated Rs300 billion under the Export Finance Scheme for SMEs and new exporters,...
On 6 November, the government reported that the State Bank's SME financing portal had received more than 10,000 loan applications since its launch on 1 November. Pakistan has allocated Rs300 billion under the Export Finance Scheme for SMEs and new exporters, while Rs350 billion has been earmarked under the Long-Term Financing Facility.
The initiative creates opportunities for startups, entrepreneurs and small businesses seeking expansion capital. HPC can support business plans, financial projections, funding applications and investment proposals.