Loan Calculator

SME Bank Small Business Financing (SBF)
 

Purpose

  • ​Working Capital

Eligibility

  • 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.

Financing Concept

  • Commodity Murabahah Term Financing-i (CMTF-i)
  • Commodity Murabahah Revolving Financing  (CMRF-i)

Margin of Financing

  • ​Up to 100%

Financing Limit

  • Minimum : RM100,000
  • Maximum : RM750,000

Financing Tenure

  • Up to 7 years

Collateral

  • 5% cash collateral
  • Sinking Fund
  • Joint and several or personal guarantees of directors/shareholders

Calculate Your Loan

Your Monthly Repayment is:

RM N/A

Profit rate is: 7.5% p.a

Top Credit Card Comparison

  • Best Online Shopping Credit Cards
  • Best VIP Credit Cards
  • Best Student Credit Cards
  • Best Lifestyle Credit Cards
  • All Maybank Credit Cards
  • All Citibank Credit Cards
  • All HSBC Credit Cards

Top Insurance Comparison

  • Best Term Life Insurance Policies
  • Best Car Insurance Policies
  • Best Medical Insurance Policies
  • Best Travel Insurance Policies
  • Guide to Buying Your First Insurance Plan
  • Guide To Buying Term Life Insurance
  • Guide to Insurance Basics

Top Loan Comparison

  • Best Fast Approval Personal Loan
  • Best Islamic Personal Loan
  • Best Low Income Personal Loan
  • Best Flexi Home Loan
  • Best Low Interest Home Loan
  • Best SME Business Loan
  • Best Easy Payment Plans

About LoanCompare

Talk to Us

Work With Us

Privacy Policy

Terms & Conditions

About Us

Follow LoanCompare

Facebook Twitter Youtube Linkedin Instagram

© Copyright 2019 LoanCompare

Close Menu