Categories Archives

SME Loans / Grants

Government Loan Scheme

Flexi Guarantee Scheme (CGC) Objective Flexi Guarantee Scheme (FGS) provides guarantee for loans granted under Fund for Small and Medium Industries 2 (FSMI 2), New Entrepreneur Fund 2 (NEF 2) and Rehabilitation Fund for Small Businesses (RFSB). The funds are designed to facilitate greater access to credit for viable Malaysian Small and Medium Industries (SMIs). A total of RM250 million is allocated for the NEF2, RM400 million for FSMI2 and RM800 million under RFSB. Main Characteristics Among the main characteristics ...

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Financing for SMEs in Malaysia – Smaller businesses have many avenues to seek funding for growth

SMALL and medium enterprises (SMEs) are broadly defined as manufacturing, manufacturing-related services (MRS) and agro-based industries that employ around 200 full-time employees or have annual sales turnover of not more than RM50mil. The term also refer to enterprises in the services, primary agriculture and information and communication technology industries with not more than 75 full-time employees or annual sales turnover of not more than RM20mil. According to the SME Annual Report 2012, small and medium enterprises represent 98.5% of the ...

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Term Loan, OD & Revolving Credit (Commercial Banks)

TERM LOAN A Term Loan is a fixed amount of loan granted for an agreed period of time and to be repaid in fixed instalments. Term loans are normally granted for the purchase of fixed assets. With fixed repayments, you’ll be able to plan and manage your cash flow effectively. OVERDRAFT (OD) Allows you to draw additional funds quickly and conveniently from your current account when you require it. Raising additional capital for running a business or making investments is ...

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Trade Finance – LC / TR / BA (Commercial Banks)

LETTER OF CREDIT (LC) This is a major payment method in international trade because it benefits both parties in the transaction. As the buyer, you do not have to pay until the documents are received in good order. Your sellers are also comfortable because they will definitely be paid if they have complied with the terms of the LC. TRUST RECEIPT (TR) A form of financing for your purchases, where the financier pay your suppliers 100% of the value of ...

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Business Loan (SME Bank)

ACTIVITIES QUALIFIED FOR FINANCING 1. Manufacturing (Preference will given to high growth sector) 2. Services Electrical, Gas & Water Supply Transportation, storage & communication Wholesale & Retail Trade Education Healthcare Other selected services 3. Construction (Contracts from Government & Government Linked Companies (GLC)) 4. Tourism 5. Finance Companies 6. Oil & Gas 7. Mining except for quarry 8. ICT & Biotechnology 9. Other selected sectors OUT OF SCOPE 1. Primary agriculture (Processing and services of food products are exempted) 2. ...

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Graduate Entrepreneur Fund (SME Bank)

Financial Facilities Especially For Graduates Malaysia government channel an additional allocation of RM25 million in the 9th Malaysia Plan for Graduate Entrepreneurs Fund [TUS]. The provisions are intended to encourage more university graduates entered the field of entrepreneurship. SME Bank has managed to produce a successful Graduate Entrepreneurs contribute personal income through the business and improving the country’s growth engine. The fund was easy to start a business of financing the service and industrial sectors and for graduates who already ...

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Contract Financing Scheme (SME Bank)

Features And Eligibility Criteria General Features Contract Financing Scheme is a financing package based on product bundling concept of financing facilities which is already available in the Bank The Scheme offers financing to customers who are Main Contractors or Nominated Sub-Contractors having secured contract(s) from approved awarding parties mainly government ministries, department and agencies Mechanics of Financing Purpose of the loan facilities is to finance the implementation of contract(s) until full completion The financing mechanism works by way of assigning ...

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Business Premise Financing (SME Bank)

Objectives This Scheme is to finance the purchase of shop houses/office space or factories whether completed or under construction Business Premise Financing Scheme Purchase of office spaces and shop lots whether completed or under construction. Refinancing. Private Limited companies and professional firms Have at least 3 years of audited and good performing account. Total financing from RM100,000 to RM5.0 million Financing margin up to 95% from the purchase price (inclusive of legal cost and insurance premium – MRTA and fire ...

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To Fund a Startup, Go to Malaysia

When Jim Buck was looking for investors to fund trials for the implantable heart device his startup is developing, the search took him far from the usual stops in Silicon Valley and Boston. He made four trips to Asia last year, courting investors in Singapore, Hong Kong, Thailand, and Malaysia. “Companies like ours with very promising technology that in years past would have been funded very richly are struggling to find money to even stay in business,” says Buck, a ...

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