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The fund was set-up to assist and promote the small and medium industries to raise funds for their working capital and expansion of production capacity. Most businesses are eligible to the fund, except for those involved in the money-exchange activities.
The main features of the fund are as follows:
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Facility |
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Available in forms of Term Loan, Overdraft and Tradelines
(only funded funds are eligible) |
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Loan amount |
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RM50,000 to RM3,000,000 |
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Repayment Period |
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Upto 3 years from date of 1st drawdown |
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Interest Rate |
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Capped at 5.0% p.a |
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