Bank Perusahaan Kecil & Sederhana Malaysia Berhad (SME Bank):

Terengganu State Entrepreneurs Fund

Objective
To develop entrepreneurs in the state of Terengganu.

Maximum financing rate : 3.5% per annum

Maximum tenure : 3-10 years

Minimum financing : RM20,000

Maximum financing : RM500,000

Participating financial institutions / Implementing Ministry / Agency
SME Bank

Eligibility criteria

• Business entity registered with the Companies Commission of Malaysia


• Entity at least 50% owned by Terengganu people


• Entity at least 70% owned by Bumiputera


• Paid up capital not exceeding RM2.5 million


• Project located in Terengganu

Eligible sector / Types of financing

• Manufacturing, services and tourism


• Vendor's project and franchising


• Trading of products produced in Terengganu


• Construction


• Processing of agriculture based products

Application procedure
Application to be submitted to SME Bank.

Contact
Bank Perusahaan Kecil & Sederhana Malaysia Berhad (SME Bank)
Menara SME Bank Malaysia
Jalan Sultan Ismail
Peti Surat 12352
50774 Kuala Lumpur
Tel : 03-2615 2020
Fax : 03-2698 8077
Website : www.smebank.com.my

 
Last modified: 08 January 2008 15:55.