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

Rural Economy Financing Scheme

Objective
To provide financing for business activities to Bumiputera entrepreneurs operating in rural areas.

Maximum financing rate : 5.0% per annum

Maximum tenure : 5 to 7 years

Minimum financing : RM30,000

Maximum financing : RM500,000 but subject to number of years of business in operation

Participating financial institutions / Implementing Ministry / Agency
SME Bank

Eligibility criteria

• Wholly owned by Bumiputera and registered with the Companies Commission of Malaysia


• Operates outside City Council on full time basis


• For sole proprietor, age must below 55 years old

Purpose of financing

• Purchase of machinery


• Working capital

Eligible sector / Types of financing

• Manufacturing


• Selected services


• Franchise

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.