RM500K – RM5 mil SME Scheme (PUNB)

RM500K – RM5 mil SME Scheme (PUNB)

Suitable for:-

Bumiputera entrepreneurs in Small & Medium Enterprises who are keen to set or grow their manufacturing or services business of high growth and export potential

What it offers:-

Shari’ah compliant financing products
Financing from RM500,000 to RM5,000,000
Payment tenure up to 7 years
Corporate Development & Monitoring Support
Entrepreneur Development & Training

Eligibility criteria

Bumiputera individuals aspiring to own and operate a business, are eligible for SME funding providing they can demonstrate strong entrepreneurial characteristics and sound values such as honesty, confidence, resilience, a positive mental attitude, a creative outlook and a high level of self-discipline; along with good communication and management skills,

The total immediate funding requirement to develop the business must be at least RM500,000,
The entrepreneur/management team must be willing and able to provide at least 20% of the total funding requirement from their own resources, if PUNB is to be the sole financier for the enterprise,

The enterprise’s product/services must be ready for market, the entrepreneur must have the proprietary rights over the product/services of the enterprise,

The business must have a good business model and sound execution strategies,

The business should be able to generate returns at least on par with the industry performance,

The business plan must provide a viable exit strategy for PUNB’s equity stake through redemption, buy back of equity, merger & acquisition, or public listing, etc.
Eligible business activities

We focus on funding Bumiputera entrepreneurs who are planning to set up, or who are already running businesses in any of the following industries:-

  • Information and Communications Technology
  • Electrical, Electronics and Computer Hardware
  • Bio-Technology, Pharmaceutical, Medical & Health Care Devices/Services
  • Food Technology
  • Agriculture Based Products
  • Automotive Components Manufacturing
  • Chemicals, Petroleum & Gas Products/Services
  • Any other suitable economic sectors that provide synergy to PUNB’s present investment portfolio

Application process

REGISTRATION – Application register and sits for Suitability Assessment test (If Business Plan Already Submitted to PUNB)

BUSINESS PLAN WORKSHOP – Applicant attends Business Plan Workshop

SUBMIT THE BUSINESS PLAN – Submit the completed business plan to for PUNB’s consideration

INITIAL ASSESSMENT – PUNB will discuss with the applicant for more information and better comprehension of the proposal. This assessment focuses on five (5) key business areas: product, market, management, operation and finance.

BUSINESS PLAN PRESENTATION – After favourable initial assessment, the applicant required to make a presentation to PUNB’s Evaluation Committee which will assess the proposal’s five (5) key business areas and the applicant’s investment criteria

FINANCING APPROVAL – Approval by the PUNB investment committee

DOCUMENT PREPARATION – Applicant is required to undergo documentation process relating to financing term and conditions

MANDATORY COURSES – Applicant is required to attend all the compulsory courses set by PUNB prior to the fund disbursement

FUND DISBURSEMENT & IMPLEMENTATION – Once the documentation and fund disbursement conditions are fulfilled, PUNB will channel the fund to the enterprise for the intended purposes. PUNB will monitor the business implementation to ensure the fund is used to achieve the business targets

www.punb.com.my

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