KUALA LUMPUR, July 15 (Bernama) — SERV and Direct Lending roll out financial relief for workshops under the SERV Retail-iation program, focusing on automotive aftermarket businesses. The partnership is a supply assistance program or “bantuan belian bekalan” amounting up to RM3,000 per workshop, aimed at aiding them to procure auto part supplies.
This partnership is made in response to the recent pandemic crisis, COVID-19, that has impacted most automotive aftermarket businesses that were unable to operate at full capacity due to the Movement Control Order (MCO) enforced by the Malaysian government. These businesses are having a hard time sustaining their business given the loss of revenue with many facing cash flow and working capital difficulties.
