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PUNB Schemes - SME PUNB Property Financing-i (SPPF-i)

PUNB Schemes - SME PUNB Property Financing-i (SPPF-i)

Features


Who can apply

  • Incorporated companies registered with SSM
  • Minimum 3 years operation
  • 100% Bumiputera status and owner operator
  • Business complies with SME s definition

Purpose of Financing

  • Asset Acquisition, and/or
  • Working Capital

Guarantee Tenure

Up to seven (7) years 

Availability Period 

Upon full utilisation of  the fund

Financing Limit

  • Minimum: RM500,000
  • Maximum: Aggregate financing of RM5.0 million per company

Guarantee Coverage

Up to the maximum amount equivalent to twenty five per centum (25%) from the purchase price/open market value of the Property or RM250,000.00, whichever is lower

Guarantee Fee

1% per annum (subject to GST) on approved guaranteed amount

    

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