Introduction

Women Entrepreneur Financing Program under the Leaders Entrepreneur Acceleration Program (WEP –LEAP) is to provide assistance to women entrepreneurs under the SME category of small and medium size to obtain financing for business expansion.

Program Features

Facilities

  • Shariah based financing concept
  • Financing of Fixed Asset
  • Financing of Working Capital

 

Margin of Financing

  • Up to 100%*

 

Financing Amount

Minimum Financing RM500,000.00
Maximum Financing RM2,500,000

 

Profit Rate

  • BFR + 1.50% per annum

 

Financing Tenure

Purchase of assets Up to 10 years including grace period*
Working capital Up to 7 years including grace period*

 

Eligibility

  • The business is registered with SSM / other authorized registering bodies. (Sole-proprietorship or partnership firm, or a Sdn Bhd company).
  • For a Partnership firm or a Sdn Bhd company, the women entrepreneur (applicant) must hold majority shares of 51% AND is the key decision maker and must be full time in business.
  • Applicants are required to attend the Leaders Entrepreneurship Acceleration Program (LEAP) by SME BANK-CEDAR.

 

*Terms and conditions apply

 

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