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Bank Perusahaan Kecil & Sederhana Malaysia Berhad (SME Bank): Terengganu State Entrepreneurs Fund

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Financial Assistance

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

 
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