MYSMELADY 2.0
MySMELady 2.0 is a financing for women entrepreneurs for asset acquisition and/ or working capital requirement to elevate their business to a higher level in terms of production capacity, market penetration and competitiveness
Purpose
- Asset acquisition (Machinery/ equipment)
- Working Capital
Eligibility
- Women entrepreneurs who meet the definition of MSMEs as defined by SME Corp.
- 51% of the equity held by a woman/ women OR CEO/ MD is a woman that owns at least 10% of the equity.
- Registered with Suruhanjaya Syarikat Malaysia (SSM), or authorities/ district offices (for Sabah and Sarawak), or statutory bodies for professional service providers.
- Shariah-compliant business.
- At least 2 years in operations.
Financing Facilities
- Commodity Murabahah Term Financing-i (CMTF-i)
- Ijarah Thummal Bai` (ITB) Financing
- Revolving Credit-i (RC-i)
- Cash Line-i (CL-i)
Financing Limit
- Minimum: RM100,000
- Maximum: RM3.0 million
Profit Rate
- 5.0% per annum
Margin of Financing
- Asset Acquisition:
- Up to 80% (New)
- Up to 70% (Used/Refurbish/Recon/Rebuilt)
- Working Capital:
- Up to 100%
Financing Tenure
Up to 5 years
Collateral
Collateral acceptable by the Bank as per SME Bank’s policy.
Note: Guarantee coverage, if required shall be obtained only Credit Guarantee Corporation Malaysia Berhad (CGC).
Takaful
Takaful/insurance coverage is mandatory if the asset is given as security for the financing (if applicable). You have the option to select the service offered by our panel Takaful operators or non-panel Takaful operators.
Fees and Charges
Click here for fees & charges
Product Disclosure Sheet
SME Bank is now available to accept online financing applications Apply Now