- To assist viable Bumiputera SME companies to access financing to sustain operations
- Malaysian-controlled or Malaysian-owned businesses (Sole-Proprietorship, Partnership and Sdn. Bhd. only with 100% shareholdings owned by Malaysian)
- Business entities are 100% owned by Bumiputera and proxy shareholders are specifically not allowed
- Carrying on Shariah-compliant business activities in all sectors
- The company has been in operation for at least 2 years with profit generated in the current year
- Paid up capital of 20% of financing amount
- Companies are classified as SMEs
| Financing Limit | Sole-Proprietorship and Partnership minimum : RM 200,000 maximum : RM 500,000 | Sdn. Bhd.: minimum : RM 200,000 maximum : RM 2 million |
|---|---|---|
| Purpose of Financing | Working Capital Project / Contract Financing Bank Guarantee Machineries and equipment Financing | Note: Based on the terms and conditions of the contract, Does not include refinancing/restructuring of existing facilities |
| Tenure of Financing | Working Capital – up to 5 years Contract Financing – up to 7 years** Bank Guarantee – up to 7 years** Machineries & Equipment Financing – up to 10 years | ** Based on Contract’s terms & conditions Note: Does not include refinancing or restructuring of existing facilities |
- Up to RM 1.6 million or 80% of the financing amount whichever lower
- SMEs are required to submit security for the remaining unsecured portion on terms to be determined