Maybank

• For working capital or expansion of productive capacity or both.

Financing Amount

• Minimum
  RM50,000 per customer
• Maximum
  RM5.0 million per customer

Tenure of Financing

Maximum of 5 years from the first drawdown date by BNM

• The profit rate during FSMI2-i is based on BNM’s funding rate + spread, where the BNM’s funding rate is 1.5% p.a.
• Upon expiry of the 5 years financing tenure, the rate to be charged to the financing account will be at the market rate

• Not Applicable

• As approved by Management

All SMIs operating in selected sectors which fulfil the following conditions:

• Shareholders’ funds of not exceeding RM2.0 million.
• Malaysian-owned companies/institutions (at least 51% ownership) registered under the Companies Act 1965, the Cooperative Societies Act 1993, the Societies Act 1966 or citizens residing in Malaysia and entrepreneurs registered under the Registrar of Business or any other authoritative bodies;
• All economic sectors are eligible to place under FSMI2-i fund.
• Business enterprise based on the definition of SME by BNM.
• Shareholding by Public Listed Companies and Government Link Companies (if any) should not exceed 20%.
• Business track record of not more than 7 years in operation.

• Purchase of shares.
• Refinancing of existing credit facilities.
• Purchase of land/Real estate investment.
• Properties development.
• Investment holding company.
• Activities where stock in trade is money; and (including credit, leasing, factoring and insurance businesses).
• Non-economic or non-healthy activities.
• Non-Shariah compliant business activities.