This fund can be obtained through Bank Pembangunan Malaysia Berhad (BPMB) and is available in four different financing schemes namely, Fixed Asset Financing, Trade/Working Capital Financing, Merger & Acquisition Financing and Equity Participation.
Allocation Not Stated.
Who Can Apply
Going concerns with paid-up capital between RM5 million and RM40 million; and
Medium and large enterprises (graduating SMI) registered under the Companies Act with at least 51% Malaysian ownership/control
Other conditions applicable to specific schemes:
Must be a bumiputera enterprise involved in the manufacturing and services sector to qualify for merger and acquisition financing
Must have at least two years good track record for listing to apply for equity participation scheme
Approved Activities
Manufacturing - Electrical and electronic - Automotive components - Palm oil processing - Furniture - Food - Other manufacturing activities
Services - Healthcare - ICT - Transport and warehousing - Education - Other service activities
Funding This loan is for working capital requirements and purchase of fixed assets, including industrial land, factory, warehouse, office building, plants, machinery, equipment and motor vehicles. Purchase of shares (merger and acquisition financing) and equity participation may also be financed, though additional criteria will apply.
Minimum funding : RM500,000 Maximum funding : RM40 million per customer/ group (Total BPIMB exposure under THIRD WINDOW financing schemes should not be more than RM 40 million per customer/ group)
Interest rate of 0.5% to 2.5% above THIRD WINDOW effective cost of fund (TWECOF)
Maximum margin of financing: 80% for land and bulding; 75% for other fixed assets : 100% of working capital requirements : 90% of purchase price of fair value for mergers and acquisition : 30% of paid-up capital for equity participation
Security cover : Adequate security required to cover financial commitment based on risk profile
Instruments available (instruments used will vary depending on type of financing scheme):
Term Loan
Guarantee
Notes/Bonds
Loan Stock
Leasing
Letter of Credit
Overdraft
Trust Receipt
Banker's Acceptance
Promissory Notes
Ordinary and Preference Shares (Where applicable, BPIMB will issue guarantee to commercial banks to enable operation of the facilities)
Maximum Tenure/Investment Maturity:
10 years (inclusive of maximum 2 years grace period) for fixed asset financing
5 years (subject to yearly review, where applicable) for working capital requirements
7 years (inclusive of maximum 2 years grace period) for merger and acquisition financing
Maximum 5 years maturity for preference shares for equity participation
Submission of Application and Communication All inquiries and applications should be directed to:
