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  • Bank Negara Schemes >
  • Bank Negara Schemes
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BNM funding schemes to support the development of SMEs

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Purpose of financing

  • Purpose of financing
  • Eligibility
  • Financing Amount, Rate and Tenure

Financing can be used for:

  • Working capital
  • Capital expenditures (e.g. purchase of machinery and equipment or renovation cost for owner-occupied business premises)
  • Both – Working capital and expansion of productive capacity

Financing cannot be use for:

  • Refinancing of existing credit facilities
  • Purchase of shares
  • Purchase of land / Real Estate investment
  • Properties development
  • Investment holding company
  • Activities where stock in trade is money (including credit, leasing, factoring and insurance businesses)
  • Non-economic or non-healthy activities

Applicable to SMEs (other than SMEs in the Primary Agriculture Sector and Micro Enterprises)

  • Business enterprise based on the definition of SMEs;
  • Registered with the Companies Commission of Malaysia (SSM), authorities/district offices in Sabah and Sarawak or statutory bodies for professional service providers;
  • Maximum shareholders' funds not exceeding RM5 Million
  • Shareholding by Public Listed Companies and Government Link Companies (if any) in the SMEs should not exceed 20%
  • Malaysian residing in Malaysia and owned minimum 51% shareholding incorporated under the Companies Act 1965, the Co-operative Societies Act 1993, the Societies Act 1966
  • Companies in all sectors
  • Maximum financing amount of up to RM5 Million per customer / SME. This would include financing:

(i) approved under any of BNM’s Funds (exclusive of the Special Relief Facility 2015 and any special assistance established by BNM to assist SMEs that are affected by disaster); and

(ii) to any related companies of the SMEs with common shareholder(s).

  • Financing rate of 4% to 8% per annum (subject to the risk profile rating / pricing mechanism set by BNM)
  • Maximum tenure of up 5 years from the date of the first drawdown

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