Features
Purpose Of Financing
- For Working Capital Requirement (WCR); and/or
- For Capital Expenditure (CAPEX) – Excluding Property financing
Tenure
- Up to 7 years
Financing Size
- From RM500,000 up to RM5 Million
Profit Margin
- Fixed at 5.00% p.a. – 5.25% p.a.
Guarantee Fee
- 1% per annum
BSC Healthcare Sectors Include
- Manufacturer or producer
- Wholesaler
- Trader; and
- Supplier including logistic
Eligibility Criteria
- Malaysian SMEs that fulfill all of the following criteria shall be eligible for financing from the Facility:
Meets the definition of SMEs issued by SME Corporation Malaysia;
Registered with the Companies Commission of Malaysia (SSM), authorities/district offices in Sabah and Sarawak
Maximum shareholders’ funds not exceeding RM5 million;
Shareholding by Public Listed Companies and Government Linked Companies (if any) in the SMEs shall not exceed 20%; and
Malaysians Bumiputera residing in Malaysia that hold a minimum of 60% shareholdings in the SMEs.
Managing Director or CEO must be Bumiputera
Majority of higher management personnel are Bumiputera.
Type of Facilities
- Term financing only
Security & Support
- 80% guarantee from SJPP
- 20% cash margin/ guarantee from TERAJU
- Directors’ guarantee
- Upfront placement of 6 months FSRA
- Keyman Takaful & Fire Takaful
