Metropolitan, Peoples Micro Commerce partner to boost SME Business

Metropolitan Technologies (Pvt) Ltd has entered into a strategic partnership with People’s Micro Commerce Ltd to support small and medium enterprises (SMEs) in Sri Lanka.

This collaboration aims to offer microcredit facilities for essential workplace solutions, alleviating financial burdens on startups and SMEs by providing funding for crucial overheads and equipment expenses at a concessionary rate, with funds accessible within 36 hours. The initiative is poised to significantly enhance SME and startup business activities in the region.

“We will be offering SME customers a very concessionary rate for purchasing their workplace solutions through Metropolitan.” Michael Pradeep Amirthanayagam, Director and Chairman of People’s Micro Commerce Ltd stated. The SME sector in Sri Lanka is one of the country’s fastest-growing segments, accounting for over 50% of employment.

Despite the increasing demand for advanced technology products and services, limited funding often hinders growth. This partnership will enable SMEs to acquire a wide range of products from Metropolitan’s extensive lineup, including computing, printing, air conditioning, standby power generators, CCTV systems, point of sale units, plotters, copiers, and digital cameras, .

“Metropolitan is the only specialist workplace solutions company in Sri Lanka providing a full range of products from IT to printing to power and energy solutions. We are happy to extend our range of products to the SME sector, which can benefit from this partnership with People’s Micro -Commerce Ltd, the educational sector needs to be in step with the technological advancements shaping the world. Nowadays, devices are essential for education, yet there is an affordability gap in Sri Lanka. This type of program will help the masses in actually reaching their futuristic tomorrow,” Ali Asgar Roshanali, Director and CEO of Metropolitan Technologies (Pvt) Ltd stated

This special funding for SMEs and startups is available throughout Sri Lanka at M Centre branches and is supported by 30 People’s Micro Commerce Ltd offices island-wide. All Metropolitan products come with a warranty and an after-sales service promise, backed by Metropolitan’s over 66 years of industry trust.

Metropolitan Technologies is a subsidiary of Metropolitan Holdings, a diversified conglomerate offering sophisticated and straightforward engineering, communications, IT, and imaging solutions.

Source:Daily News