SME Online Business Program Loan
The main objective of the Online Business Financing (OBF) Program by SME Bank is to help entrepreneurs and businesses establish a viable online business presence taking advantage of the vast potential of the internet and the power of social media.
Full time Malaysian Bumiputera entrepreneurs registered with the Malaysian Association of Bumiputera ICT Industry and Entrepreneurs (NEF) who are active in online business for the past 1 year. Applicants need to show that they have at least 6 months selling physical, digital product(s) and services via the internet and have at least one of the followings:
- Facebook Fanpage or any other social media tools.
- Blog or website (minimum of 4 pages / posting).
- Store Account / Premium Account (Mudah.my, eBay, Lelong).
- Registered with dropship platform.
The business must be registered with Suruhanjaya Syarikat Malaysia (SSM)
Financing packages for the program is available to members of the Malaysian Association of Bumiputera ICT Industry and Entrepreneurs (NEF). Loan Tenure – Maximum 5 years and profit rate @ 7% per annum.
Repayment table is at below:
More information can be found at the SME Corporate Website
December 8, 2015 / /
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