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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: