Purpose of Financing
- Asset Acquisition & Working Capital
Facility Type
- A flexible overdraft facility with reduced limits and the following benefits:
- Ability to save interest
- Higher margin of advance
- Ability to withdraw excess funds
- Loan Quantum
- Minimum RM200,000.00
- Maximum RM5,000,000.00
Tenure
- Up to 20 years
Fees
- RM200 one time set up fee
- RM10 monthly maintenance fee
- 1% p.a commitment fee for unutilized portion
Note: all fees are subject to GST 6%
Lock in Period
- 3 years from full draw down
Exit Penalty
- 3% of original approved amount