SME Financing Program under the Leaders Entrepreneur Acceleration Program (SME – LEAP) is to provide assistance to entrepreneurs under the SME category of small and medium size to obtain financing for business expansion.
- Based on Shariah financing concept
- Financing of Fixed Asset
- Financing of Working Capital
Margin of Financing
- Up to 100%*
- BFR + 1.50% per annum (AMR)*
|Purchase of assets||Up to 10 years including grace period*|
|Working capital||Up to 7 years including grace period*|
- The business is registered with SSM / other authorized registering bodies. (Sole-proprietorship or partnership firm, or a Sdn Bhd company).
- Business has been in operations for more than 2 years.
- Applicants are required to attend the Leaders Entrepreneurship Acceleration Program (LEAP) by SME BANK-CEDAR.
*Terms and conditions apply