SME SCHEME

helping you apply for sme loan

Trade Facilities

  • Term loans / Trade Facilities / Overdraft
  • Loan amount: RM100,000 to RM1,000,000

Financing Cost 

  • Interest rate: BLR + 3% to 3.5% per annum
  • 1% commitment fee for non utilization of OD balance
  • Monthly rest for term loan

Tenure

  • Maximum 5 years

Eligibility Criteria

  • Annual sales turnover > RM500,000 but < RM25 Million OR Full-time employees < 150 people
  • Company in operation for at least 2 years
  • Capital ? RM50,000

Securities

  • Collateral: No
  • Directors / Owner personal guarantee / Third party guarantee / Other guarantee
     

Processing Period

  • 1 to 2 months

Documents Required

  • M&A, Complete Form 24, Form 44, Form 49, Annual Return Report (Certified true copy for official application)
  • Last 3 years audited account
  • Latest management account
  • Last 12 months banks statements
  • Latest Debtors and Creditors Ageing Report
  • Photocopied IC of directors
  • Company profile, products catalogue, certification and other relevant information (If any)
  • A copy of Bank Offer Letter from other banks (If any)

Consult us for a free consultation.