Social Enterprise Financing Scheme

Purpose

• Machinery / equipment acquisition

• Working Capital requirements including financing of guarantee fee, documentation and stamp duty fees, and Takaful contribution (if applicable)

Eligibility

• Micro, Small and Medium Enterprises (MSMEs) as defined by SME Corporation Malaysia (SME Corp).

• Registered with KUSKOP as Basic Social Enterprise and/or Accredited Social Enterprise with documented evidence.

• The Company has been in operations for at least one (1) year.

Financing Facility(ies)

• Commodity Murabahah Term Financing-i (CMTF-i)

• Cash Line-i (CL-i)

• Revolving Credit-i (RC-i)

• Ijarah Thummal Bai’ (ITB) Financing

Financing Limit

• Minimum : RM100,000.00

• Maximum : RM500,000.00

Profit Rate

Margin of Financing

• Machinery / Equipment : 

  Segments	Margin of Financing
  Micro and Small Enterprise	New: Up to 90% Used/Refurbished/Recond: Up to 80%
  Medium Enterprise	New: Up to 80% (for new) Used/Refurbished/Recond: Up to 70%

   

• Working Capital :  Up to 100%

Financing Tenure

• Machinery / Equipment : 

  • New : Up to 7 years

  • Used / Refurbish / Recond : Up to 5 years

• Working Capital :  Up to 5 years

Collateral

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 & Charges

Click here for Fees & Charges

Product Disclosure Sheet

• Social Enterprise Financing Scheme