SME Bank Small Business Financing (SBF)

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The applicant must be Micro Enterprise Company with the following :
- Minimum of 51% Bumiputera equity ownership with good credit records.
- Chief Executive Officer / Managing Director must be Bumiputera.
- Majority of the Management are Bumiputera
The business is owner operated.
Registered under the Companies Commission of Malaysia Act 2001 or Co-operative Societies Act 1993.
The company is in operations for at least 2 years and profitable in current year.
Minimum Turnover of RM150,000 (annual sales).
Applicant must be a Micro Enterprise Company with
Must not have any adverse track record with any Financial Institutions.

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Tenure

Profit rate is: 7.5% p.a

7.5