MySMEBina is a financing programme for construction and infrastructure projects awarded by Federal Government, State Government, Government Link Companies (GLCs) and its subsidiaries. 

Purpose

• Working Capital
• Bank Guarantee

Eligibility

• SMEs with good credit records
• Obtained contract of construction, civil, mechanical, engineering, landscaping and other simple contract
• Contract awarder must be Federal Government, State Government, Government agencies, GLCs and its subsidiaries
• Contract tenure not more than 18 months.

Financing Concept

• Commodity Murabahah Revolving Financing-i (CMRF-i)
• Kafalah Bank Guarantee (BG)

 

Margin of Financing

CMRF	Up to 100% of contract cost.
BG	As per requirements by contract awarder

 

Financing Limit

• Up to RM1.0 million

Financing Tenure

 

CMRF-i	Up to 18 months
BG fee	As per requirement by contract awarder

Profit Rate

CMRF-i	1.5% p.m
BG Fee	0.125 p.m

 

Collateral

• 5% cash collateral for working capital
• 20% cash collateral for BG
• Assignment of contract proceeds
• Built-up sinking fund from contract proceeds
• Joint and several guarantees of directors/shareholders

Download MySMEBina

MySMEBina Brochure

Product Disclosure Sheet ​​CMRF

 

For further inquiries, please contact any of our Enterprise Centres / Business Centres.