PCF-i – Pengurusan Aset Air Berhad

Background

A strategic collaboration between Bank Islam Malaysia Berhad and Pengurusan Aset Air Berhad (PAAB) to support PAAB’s Vendor and Contractor growth.
The collaboration offers structured financing facilities to PAAB’ Vendors and Contractors in order to suit the requirements in completion of contracts awarded by PAAB.

Benefits

  • Competitive financing rate
  • Simplified approval process
  • Customized facility structure in accordance with the contract requirements by PAAB

Eligibility

  • Local business entity
  • Profitable in two (2) years out of the three (3) latest years
  • Main Contractor or Nominated Sub-Contractor.
  • At least three (3) years of performance track record in undertaking supply, business services, construction and other general services contracts.
  • Average turnover of more than RM5.0 million over the past 3 financial years.
  • Registered with the relevant Licensing or Certification Bodies, and/or valid CIDB registration.

Facilities Offered

Facilities Limit

There is no capping on contract value however financing limit should not be less than RM1.0 million.

Purpose of Financing

    Business Cash Line-i
  • To finance general expenses, overheads, administrative, material, sub-contracts wages

    • Multi Trade Facilities
  • To facilitate purchase or sales of goods under the contract financed

    • Bank Guarantee-i
  • Tender Guarantee
  • Performance Guarantee
  • Advance Payment Guarantee
  • Other guarantee required as per contract requirement

Type of contract

  • Construction / highways maintenance
  • Direct supply or trading;
  • Supply, installation and commissioning, testing, commissioning, training, etc.;
  • Business Services including provision of service and maintenance;
  • Any other contracts as approved by the Bank

Guarantee Provider

Syarikat Jaminan Pembiayaan Perniagaan (SJPP)
(If applicable on Best-effort-basis – for SMEs)

How to apply

Frequently Asked Questions (FAQs)

Click here to view Frequently Asked Questions (FAQs) of PCF-i – Pengurusan Aset Air Berhad