SME FINANCING SCHEME

Affordable Financing Scheme Support for SMEs

Why you will love this

Customisable financing amount (from RM50,000 to RM5million depending on the selected scheme)

Flexible repayment period

Who can apply

Businesses registered with the Suruhanjaya Syarikat Malaysia (SSM), authorities/district offices in Sabah and Sarawak or statutory bodies for professional service providers in Malaysia

Malaysians residing in Malaysia and hold a minimum of 51% shareholding in the SMEs

Meets the definition of SMEs issued by SME Corporation Malaysia

Enjoy customisable financial solutions that cater to your business needs.

sme financing FEATURES AND BENEFITS

Financing from RM50,000 to RM5million

Repayment period of up to 8 years

APPLY for sme financing

Eligibility requirements

Business Registration

Businesses registered with SSM, authorities/district offices in Sabah and Sarawak or statutory bodies for professional service providers in Malaysia.

Must be an SME defined by SME Corporation Malaysia (excluding SMEs in the Primary Agriculture Sector and Microenterprises).

Business Ownership

Malaysians residing in Malaysia and hold a minimum of 51% shareholding in the SMEs.

Purpose of Financing

Capital expenditures (e.g. purchase of machinery and equipment or renovation costs for owner-occupied business premises, and/or working capital).

The financing amount cannot be used for the following:

  1. Refinancing of existing credit/financing facilities
  2. Purchase of shares
  3. Purchase of land/real estate investment
  4. Property development
  5. Investment by investment holding companies
  6. Activities where the stock-in-trade is money (including but not limited to credit, leasing, factoring and insurance businesses)
  7. Gambling, alcohol, tobacco or other similar activities and products; and
  8. Non-Shariah-complaint business activities (applicable to Islamic financing only)


Fees and Charges

Fees

The fees and charges will depend on several factors including the financing amount and type of collateral pledged.


Terms and conditions

All required forms and supporting documents must be duly completed and submitted.

All loans are subject to satisfactory assessment by the Bank.

Subject to approval by Bank Negara Malaysia.

The current Base Lending Rate (BLR) effective from 10 May 2023 is 6.76% p.a. for loans/financing facilities referenced against BLR.


or call us at +603 8317 5200.

Monday to Friday 9am to 6pm
(Excluding public holidays)

sme financing FAQ
Questions & Answers
Which financing products are suitable for my business?

Fill up the enquiry form and we will arrange a personalised consultation from our Business Development Manager.

Who can apply for this products?
  1. Businesses registered with SSM, authorities/district offices in Sabah and Sarawak or statutory bodies for professional service providers in Malaysia
  2. Malaysians residing in Malaysia and hold a minimum of 51% shareholding in the SMEs
  3. Meets the definition of SMEs issue by SME Corporation Malaysia
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