We are very grateful to Funding Societies for providing short-term financing solution to us when we need it the most, helping us to improve our cash flow and grow our business further.”. SME Micro Loan / Financing-i Apply online and get financing of up to RM50,000 to meet your micro enterprise's business needs. Low Interest Rates & High Loan Packages. Abolishing Loan Scheme Interest Rates. Impact of COVID-19 On Malaysia SMEs. Micro Enterprises Enhance your productivity and accelerate your growth into small and medium-sized enterprises. Fulfill your business ambitions with the Business First Loan, a government-assisted loan. SME Clean Loan / Financing –i Boost your company's working capital with fast Cash and no collateral required. Secondly, the microloan scheme for micro-SMEs is now extended to Tekun Nasional with a maximum loan limit of MYR10,000 per company. This explains why the need for SME financing has been on an exponential rise. It does not fall under the jurisdiction of Bank Negara Malaysia. Fast disbursement of financing within 24 hours of approval. No Hidden Cost. Click the floating bubble at the bottom of your screen to chat with us! SME Loan SME business loan is especially for small and medium enterprise. Third, the government will provide additional funds of RM500 million under the Micro Credit Scheme which makes a total of RM700 million allocated for easy financing.. Just to share, 98.5% of all busines… Once you have accepted our offer, we will credit the approved financing amount to you, with … We charge a one-off 5% utilisation fee upon disbursement and regular interest rate. With Funding Societies Micro Financing, you can apply for a financing amount of up to RM 100,000 with an interest rate of up to 1.5% per month and an utilisation fee of 5%. Exclusion of premises rental or discounts for SMEs and micro-SMEs from the GLCs like Petronas, PNB, UDA, MARA and others. You will need the following documents during this application: IC front & back of all additional directors, Registered with Securities Commission Malaysia, Largest Peer-to-Peer Financing Platform in Southeast Asia, Disbursed more than RM 4.3 billion to over 2 million notes, More than 800,000 SMEs registered with usacross SEA, Investors' funds managed by Malaysian Trustees Berhad, “As a growing company that offers home and business security solutions, we need financing to maintain cash flow in order to cover a variety of business expenses, including long payment terms for our clients. Best used to maintain cash flow and enhance your business day-to-day. There are no hidden fees. No Barriers. Disclaimer | Privacy Policy | Security Policy, © 2020 Small Medium Enterprise Development Bank Malaysia Berhad 49572-H, Commodity Murabahah Term Financing-i (CMTF-i), Commodity Murabahah Revolving Financing-i (CMRF-i), High Tech Facility - National Investment Aspirations (HTF-NIA). Depending on the nature of your financing, you could apply for a tenure of 6, 9, 12, or 18 months. GEORGE TOWN, April 7 — Penang micro businesses and small and medium enterprises (SME) may apply for the Penang Business Continuity Zero Interest Loan from tomorrow, Penang Chief Minister Chow Kon Yeow announced today. Business Accelerator Program (BAP) To assist SMEs in strengthening their core business, building capacity and capability, and facilitating access to financing. Term Loan with No Collateral required ; Fast Loan: RM100k~RM1.5mil ; Secured Loan up to RM10mil ; … The government has allocated MYR200 million for this scheme. Explore and apply for this SME micro loan with OCBC via MyInfo! Wholly owned and managed by Credit Guarantee Corporation Malaysia Berhad (CGC), imSME upholds the same responsibility and dedication to empower Malaysian SMEs in securing the right business financing/loan. All rights reserved. Funding Societies is a P2P financing platform registered with Securities Commission Malaysia. Commodity Murabahah Revolving Financing  (CMRF-i), Joint and several or personal guarantees of directors/shareholders. 112 Robinson Road Level 8Singapore 068902, Unit 15.01 & Unit 15.02, Level 15,Mercu 3, KL Eco City, Jalan Bangsar,59200 Kuala Lumpur, Pemberi Pinjaman[email protected]+62 878 6500 8311, Peminjam[email protected]+62 877 7873 6144, Unifam Tower, Jl. Jalan Sultan Ismail, 50250 Kuala Lumpur Tel: +603 2615 2020 Fax: +603 2698 1748 Contact Centre : +603 2603 7700 Best viewed : IE 10.0 and above, Mozilla Firefox 6.0 and above, Chrome 9.0 and higher with resolutions of 1024 X 768 Majority of the Management are Bumiputera. Available for online application to both Maybank and non-Maybank customers. Disclaimer: All third party trademarks, product and company names are the property of their respective holders. With Funding Societies Micro Financing, you can apply for a financing tenure of up to 18 months. 8, 1st Floor, Jln. Don’t underestimate them, because despite their size, total contributions of SMEs in Malaysia are far from small. Home / SME Loan Malaysia; Small and medium size Enterprises are the main drivers of the economy of Malaysia and that of the world in general. KUALA LUMPUR, April 6 — Prime Minister Tan Sri Muhyiddin Yassin announced today that loans for small- and medium-sized enterprises (SMEs) under the previous Prihatin stimulus package will be … Early repayments are subjected to a 2% early repayment fee on the remaining principal amount to partially compensate our investors on the loss of their residual interest. It’s been reported in many news articles and the government is never short on entrepreneurship support. China is Malaysia’s largest export market, and a sharp drop would affect business across all sectors. PROJECT LOAN. Small Business Financing (SBF)To assist entrepreneurs on their working capital needs. The SME Micro Loan can be used to manage daily operations and cashflow. Contact Us. It will only take a few minutes and you can resume at any point within 30 days. Extra funding for Tekun Nasional Just like any other financing product, the following fees/charges will be applicable: If you are late in making your repayments, the following fees/charges will be imposed: Early repayments are always encouraged, as SMEs are able to save more on interest. No Guarantor Is Needed. The newly launched financing reference platform imSME by Credit Guarantee Corporation Malaysia Bhd (CGC) is aimed at tackling this problem, particularly by making the paperwork less time-consuming. No. Soft Loan Schemes for Services Sector (SLSSS) The SLSSS is aiming to provide financing aid for … With the blanket loan moratorium having ended in September, Digital Edge looks at the extent of the moratorium in terms of numbers, as well as the restructuring and rescheduling (R&R) efforts that have been undertaken by the small business community so far.According to RAM Ratings Services Bhd, the number of small and medium enterprise (SME) loans granted some form of R&R assistance … The scheme has been allocated 500 million ringgit (US$114 million) from the second stimulus package and allows SMEs to receive a loan of up to 75,000 ringgit (US$17,000). SME Loan Malaysia. Since small business owners do not have the right amount of money to start and even run their businesses, most of them opt to look into other forms of financing. Provision of SME financing is also complemented by the Development Financial Institutions, Bank Negara Malaysia’s Funds for SMEs … Minimum Turnover of RM150,000 (annual sales). E: smeloan88888@gmail.com. Care Line: 011-15042915 SME Hotline: 1700-81-6899 SME FAX: 1700-81-7567 Quick online application and approval within 2 working days. The previously announced 2% interest rates of RM500 million Micro Credit Scheme administered by Bank Simpanan Nasional (BSN) in PRIHATIN will be abolished. And bounds in recent years company names are the property of their respective holders providing more 90! Company a direct comparison on all banks SME Micro Loan with OCBC via MyInfo Bridging Loan Programme licensed... And make a tentative offer within 2 working days platform registered with Securities Commission Ventures... Country ’ s economic fate does rely on the success of small and medium enterprise abolish the two interest! 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