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| i-SURF |
Introduction
i-SURF is an automatic additional financing of working capital for SME Bank’s existing customers who have collateral of property and / or Sijil Pelaburan Am Mudharabah/ Fixed Deposit charged/ pledged to the bank and have shown good repayment records.
Benefit
 | Pre approval given to selected customers (subject to financing amount and approving authority) |
| | Financing amount up to RM3.0 million |
| | Competitive pricing |
| | No processing fees |
| | No additional collateral |
Salient Features
| Purpose of Financing | |
| | To finance working capital (inclusive of legal fees, stamping fees and document registration cost) |
| Eligibility | |
| | Existing customer of SME Bank |
| | Paid at least 30% of the existing scheduled repayment facilities |
| | Repayment record for last 12 months has shown ageing of not exceeding one (1) month |
| | Still under SME status |
| | Posses existing collateral in form of property and/or Sijil Pelaburan Am Mudharabah / Fixed Deposit |
| | No records of restructuring / reschedulement during the financing period |
| | Company / firm is solvent |
| Facility | |
| | Bai’ Inah for working capital |
| Financing Limit | |
| | Original approved amount MINUS outstanding amount of existing facilities and undisbursed amount, or maximum of RM3.0 million, whichever is lower |
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