Bank Rakyat SME Islamic financing scheme
SME
An entity under Ministry of Domestic Trade, Cooperatives and Consumerism, we are committed to support the mission of the Ministry to consolidate the cooperative sector as the mainstay of economic growth of the nation via all the efforts and steps that we have arranged.
Products
Property Financing-i To finance purchase of business premise
Bridging Financing-i To part finance purchase of land and development costs
Project/Contract Financing-i
Working Capital Financing-i
Term Financing-i
Eligibility
Companies, which are registered with Companies Commission of Malaysia
Minimum three years in operation.
Advantages
20% rebate on stamp duty of financing agreement
No early settlement fees
2% profit rebate through SME Syariah Compliant Facilities Scheme (SSFS) by SME Corp*
No compounding on unpaid profit
No commitment fees for unused amount
Protection against rise in financing profit rate through ceiling profit rate (Bank's sale/ akad price)
Compulsory rebate (ibra') for early settlement
Competitive profit rate