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.

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

• Minimum : RM50,000
• Maximum : RM500,000

• 4% p.a

• Up to 100%

• 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

Click here for Fees & Charges

• ​​PDS Modal [email protected]