SME Bank

Modal [email protected] is a collaborative financing programme offered by SME Bank and SME Corp. Exclusively designed for fixed working capital purposes, entrepreneurs can get access to a maximum of RM500,000. Modal [email protected] is available until 31 December 2022 or until the full utilisation of the allocated fund.

  • Fixed working capital to cover 6 months fixed overhead cost.
  • SMEs as defined by National Entrepreneur and SME Development Council (NESDC).
  • The Company is at least 60% owned by a Malaysian
  • Large enterprise ownership of not more than 20%
  • Registered with the SSM, authorities/district offices (in Sabah and Sarawak) or statutory bodies for professional service providers;
  • Full time business operator
  • The Company has been in operations for at least 6 months.
  • SCORE evaluation shall be conducted within six (6) months after the financing is approved.

Financing Concept
  • Commodity Murabahah Term Financing-i (CMTF-i)
Financing Limit
  • Minimum : RM50,000
  • Maximum : RM500,000
Profit Rate
  • 4% p.a
Margin of Financing
  • Up to 100%
Financing Tenure
  • Up to 7 years, inclusive of grace/moratorium period up to 12 months
  • Minimum 5% cash collateral deducted from approved financing amount prior to utilization of the facility.
  • Any other collateral acceptable to the Bank.
  • Not applicable
Fees & Charges

Click here for Fees & Charges

Product Disclosure Sheet