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Sands China launches 2021 expedited payment program for local SMEs

10/25/2021| 5:28:54 PM|

Partners can apply for the 2021 SME Expedited Payment Program in order to have their payment terms shortened from the current 30 days to seven days.

Sands China is launching a financial support program for its local SME suppliers, in support of the Macao SAR government's relief package that includes eight measures to assist struggling SMEs amid the pandemic.

The 2021 SME Expedited Payment Programme aims to help all Sands China's local SME suppliers – whom the company views as its strategic partners – navigate the challenging business environment arising from the COVID-19 pandemic by easing their cash flow pressures amidst operational challenges.

The ongoing pandemic has caused economic shock waves across the globe, and SMEs are particularly vulnerable to the impact of COVID-19. Upholding the business philosophy of supporting the growth of local SMEs, Sands China proactively contacted all its SME partners by phone at the onset of the pandemic, to better understand their financial and operational challenges and needs.

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TAGS: Sands China | Macau
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