In March 2012, Beltraide signed a Memorandum of Understanding with the Development Finance Corporation (DFC). Through closer collaboration, we expect to provide more efficient and seamless services to Small & Medium Enterprises (SMEs) especially in credit facilitation. Since then, a working committee has been developed in order to actively promote the services of parties, existing projects, and program activities. The execution of a joint work plan includes the development of promotional materials, execution of joint road shows, co-sponsorship and participation in capacity building workshops for clients. A major component of this partnership is the establishment of the Small Business Development Center (SBDC) which will also be co-financed by DFC.