Business Financing for SMEs
Micro
Manufacturing - Sales turnover < RM300,000 OR Employees < 5
Service & Other Sectors - Sales turnover < RM300,000 OR Employees < 5
Small
Manufacturing - Sales turnover < RM300,000 < RM15Mil OR Employees: From 5 < 75
Service & Other Sectors - Sales turnover < RM300,000 < RM3Mil OR Employees: From 5 < 30
Medium
Manufacturing - Sales turnover < RM15Mil < RM50Mil OR Employees: From 75 < 200
Service & Other Sectors - Sales turnover < RM3Mil < RM20Mil OR Employees: From 30 < 75
Announcement
SME Bank Allocates RM1.24 Million to Micro-Entrepreneurs through SME Bank iTEKAD Penjana Komuniti Programme
KUALA LUMPUR: 16 November 2023 – SME Bank (“the Bank”) has allocated RM1.24 million worth of facilitation funds to 249 participants of the SME Bank iTEKAD Penjana Komuniti Programme.
Revision of Base Financing Rate (BFR)
Please be advised that effective 1 June 2023, SME Bank's Base Financing Rate (BFR) will be revised as follows:
BizCashPlus
Introducing SME Bank's latest offering: BizCashPlus, a revolutionary working capital financing solution tailored for micro, small, and medium enterprises (MSMEs)
The services we offer