By Sim YH –
BANDAR SERI BEGAWAN, 10 OCT – Baiduri Bank in collaboration with Darussalam Enterprise (DARe) held a session to help businesses improve their cash flow management in an event held at Baiduri Enterprise Hub, recently.
According to a statement issued by Bank Baiduri, here, the event highlights the product Baiduri SME Account Receivables Financing which is a financing solution specifically designed to help small and medium enterprises (SMEs) unlock working capital tied up in eligible unpaid invoices.
The session was led by Senior Officer from Business Banking, Pengiran Haji Aziz bin Pengiran Haji Aji who explained how to use Baiduri SME Account Receivables Financing to improve cash flow for SMEs.
He showed how the product enables businesses to turn outstanding invoices into cash by helping them bridge payment gaps, manage operational expenses and reinvest into growth initiatives.
Pengiran Haji Aziz also outlines the steps to apply for financing, eligibility criteria and best practices to use the product effectively to maintain a healthy cash flow.
The participants were given real world examples of SMEs that have benefited Baiduri SME Account Receivables Financing successfully to reduce the impact of delayed payments from clients, ensuring continuous smooth operations.
By leveraging the product, businesses can also offer more flexible payment terms to their customers, increasing competitiveness while maintaining financial stability.
Head of Business Banking at Bank Baiduri, Awang Mohammad Isa Liew bin Mohd Amin Liew emphasized the bank’s dedication to supporting SMEs through specialized financial solutions.
He stated that Bank Baiduri is committed to empowering local SMEs with the financial tools they need to thrive. He explained Baiduri SME Account Receivables Financing designed to address one of the challenges that businesses often face, which is cash flow management.
By unlocking the value of eligible unpaid invoices, he added, they aim to help businesses maintain stability and focus on growth.
The event was attended by about 30 participants who gained practical insight into how Baiduri SME Account Receivables Financing can be used strategically to manage cash flow and support business growth.
Business owners also have the opportunity to interact in a one-on-one consultation with Bank Baiduri’s business banking team to explore how the financial solution can be tailored to meet their specific needs.
The event highlighted Bank Baiduri’s ongoing efforts to support the growth of local SMEs by providing financial products that address key business needs.
Through collaboration with institutions such as DARe, Bank Baiduri contributes to the development of Brunei’s entrepreneurial ecosystem, facilitating the development of small businesses and fostering a more dynamic local economy.
