Biz Smart Property Financing Program

Eligibility

• For Private Limited Company, Sole Proprietorship, Partnership or Professional Service Provider that fall within SME definition.
• Business in operation at least three (3) years (Wholesale & Retail Trade, Manufacturing, Transportation, and Storage), or five (5) years (Cafe, Restaurant, and Construction)..
• Registered with the Companies Commission of Malaysia (SSM), or authorities/district offices in Sabah and Sarawak, statutory bodies for professional service providers.
• Shareholding by Public Listed Companies and Government Linked Companies (if any) in the SMEs shall not exceed 20%.
• Malaysians residing in Malaysia that hold a minimum of 51% Malaysian shareholding / ownership in the SMEs.

Purpose of Financing

• Purchase or refinance commercial / industrial properties whether fully completed or under construction.
• Finance additional working capital (WCR) and capital expenditure (CAPEX)*

*for renovations only

Financing Amount

Sdn. Bhd.:

• Min: RM150,000
• Max: RM5 million

Sole-Proprietorship / Partnership:

• Min: RM150,000
• Max: RM3 million

Financing Rate

Attractive financing rate

Financing Tenure

Business Financing-i – Maximum of twenty (20) years (or in the case for Sole-Proprietorship / Partnership, when the key promoter / owner reaches the age of 65, whichever occurs earlier)

Business Cash Line-i (BC-i) – One year, subject to annual review

Multi Trade Facility – As per the respective trade products

Type of Property

Commercial Property:

• Shophouse
• Shop Office
• Office Suites

Industrial Property:

• Factory
• Factory Lot
• Warehouse
• Sole Vacant Land