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Financial assistance for bumiputra entrepreneurs

To promote new productive capacity as well as utilisation of existing capacity in selected sectors.

 

Features

  • Amount of Financing : No minimum size of financing. Maximum : RM3.0 million.

  • Lending Rate : 5.0% per annum (subject to change).

  • Type of Facility: All forms of facilities.

  • Purpose of Financing: Expansion of productive capacity and / or Working capital.

  • Maximum Tenure of Financing: Up to 8 years (from date of 1st drawdown from Bank Negara Malaysia).

Eligibility

  • Wholly-owned Bumiputra enterprises/companies/institutions registered under the Companies Act 1965, the Co-operative Societies Act 1993, the Societies Act 1996.

  • Bumiputra citizens residing in Malaysia.

  • Bumiputra entrepreneurs registered under the Registrar of Business or relevant authorities.

  • Shareholders' fund NOT exceeding RM10 million.

  • Bumiputra SMIs participating under the Vendor Development Programmes of the Ministry of Entrepreneur Development or Ministry of Finance with at least 70% Bumiputra equity and management control

  • Eligible Sectors:

    • Manufacturing
    • Agriculture
    • Services
    • Commerce/Trading
    • Tourism
    • Construction
    • Engineering
    • Transportation
    • Furniture
    • Printing
    • Film
    • Quarrying