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Executive Franchise Scheme

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Objective
To encourage more Bumiputera employees in public and private sectors to venture into franchise business. Emphasis will be given to employees opting for voluntary separation scheme (VSS) or early retirement.

Maximum financing rate : 6.00% per annum

Maximum tenure : 5 years

Minimum financing : RM50,000

Maximum financing : RM1 million or 80% of the total project cost

Participating financial institutions / Implementing Ministry / Agency
Perbadanan Nasional Berhad

Eligibility criteria

  • A wholly-owned Bumiputera private limited company
  • Bumiputera age 25 years and above
  • Minimum Diploma qualification in any field
  • Contribute at least 20% of the total project cost

Application procedure
Application to be submitted to PNS

Contact
Perbadanan Nasional Berhad (PNS)
Foyer Level 2,
Putra World Trade Centre
45, Jalan Tun Ismail,
50480, Kuala Lumpur
Tel: 03-2698 7800
Fax: 03-2698 7080
Website: www.pns.com.my

 
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