Biz Financing Program
Our financing program that is offered to our clients includes SME Biz Financing. This financing program is solely targeted for Private Limited Company.
We offer to our clients the financing schemes as mentioned below:
- WCGS – Working Capital Guarantee Scheme
- SSGS – Service Sector Guarantee Scheme
Purpose of Financing
The purpose of the financing is for Capital Expenditure (CAPEX) purposes only and should not be applied for the purposes of refinancing of existing facilities.
The financing is offered for the Revolving facilities
- Cash Line
- Trade Facilities
- Financing limit a minimum of RM100,000.00
- Financing limit a minimum of RM5.0 million
- Cash Deposit or Term Deposit
- Sinking Fund
- Joint Several Guarantee (JSG)
9 Years or not exceeding 31 December 2025 (WCSG) or whichever, is earlier.
The guarantee fee is payable at 1.0% per annum.
Syarikat Jaminan Pembiayaan Perniagaan (SJPP)
Basic Documents Required
1. Application Form
2. Statutory Documents
- Form 24, 44 and 49
- Certified of Incorporation Certificate
- Certified Latest Memorandum & Articles of Association
- Certified of Business Registration (Form B)
- Certified of Certificate issued by the Professional Bodies**
** For Professional Firm
3. Financial Information for or Private Limited
- Certified Audited Account for the last 3 years and the latest management account.
Sole Proprietorship / Partnership / Professional Firm
- Certified Management Account for the last 3 years and the latest management account.
4. Certified Bank Statement for the last 6 months.
Fees & Charges
*Refer to other fees and charges
Product Disclosure Sheet (PDS)