- Contract Financing programme is a financing package based on product bundling concept of financing facilities which are already available in the Bank
- This financing programme is for customers who are Main Contractors or Nominated Sub-Contractors having secured contract(s) from approved awarding parties mainly government ministries, departments and agencies
Purpose
- Working Capital
- Bank Guarantee
Eligibility
- Applicant must be the Main Contractor or Nominated Sub-Contractor.
- Applicant must be registered with either of the following :
- Ministry of Finance (MOF)
- Contractor Service Centre (PKK)
- Construction Industry Development Board (CIDB)
- Other relevant licensing or registration bodies
Financing Concepts
- Commodity Murabahah Term Financing-i (CMTF-i)
- Commodity Murabahah Revolving Financing (CMRF-i)
- Kafalah Bank Guarantee (BG)
Margin of Financing
Commodity Murabahah Term Financing-i (CMTF-i)
Commodity Murabahah Revolving Financing (CMRF-i)
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Up to 100% of contract cost |
Kafalah Bank Guarantee (KBG)
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As per requirement by contract awarder |
Financing Limit
- Up to Single Customer Limit
Financing Tenure
- As per contract requirements
Collateral
- Minimum 30% cash collateral
- Assignment of contract proceeds
- Joint and several guarantees of directors/shareholders.
Download Contract Financing
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Product Disclosure Sheet
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For further inquiries, please visit our nearest Enterprise Centre / Business Centre.
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