Bumiputera Entrepreneur Project Fund-i (TPUB-i)
Eligibility Criteria
- Applicant must be a wholly owned (100%) Bumiputera enterprise or is a Bumiputera entrepreneur.
- Applicant must have a secured project/contract from government, government agencies, statutory bodies or government-owned companies;
- Project / contract secured from private companies (selected) must fulfil the following criteria:-
a. Contract Awarder must have a net shareholders’ fund of at least RM20.0 million;
b. Contract Awarder must be in operations for not less than three (3) years;
c. Contract Awarder has no losses recorded in the last three (3) years. - Applicants are encouraged to be a member of any one of the following trade associations: Dewan Perniagaan Melayu Malaysia (DPMM), PERDASAMA, USAHANITA, Dewan Usahawan Muda Bumiputera and / or other bodies acknowledged by CGC;
- Contractors must be registered with CIDB and are not blacklisted by CIDB;
- The project / contract must not be financed by any other FIs.
Financing Limit
Up to RM3.0 million for first time applications and up to RM5.0 million for subsequent applications; subject to the following;
- For food and catering businesses, financing amount is up to RM750,000.00 only.
- For partnership and sole-proprietorship, financing amount is up to RM500,000.00 only.
Type of Facility
- Term Financing; and
- Revolving Financing.
Guarantee Fee
Guarantee fee is not applicable for this scheme.
Profit Rate
- First time financing – 5.0% per annum.
- Subsequent financing – BFR* Maybank Islamic + 1.0% per annum.
*BFR- Base Financing Rate.
Tenure
Maximum of five (5) years or the contract duration or the funding requirement period, whichever is earlier.
How To Apply
Application form is available at:-
- All CGC’s branches; or
- CGC website. Click here to download Application Form.
Application Submission
The completed application form together with all supporting documents may be submitted to the nearest CGC branches
Leave your contact details here and we will get back to you.
BizMula-i
Eligibility Criteria
- Aged 21 – 58 (at the point of application)
- Must be SME per National SME Development Council’s (NSDC) definition.
- Business registered in Malaysia and is Malaysian-controlled or Malaysian-owned (at least 51% shareholding)
- Business is at least licensed by a local authority
- Business has been licensed and/or in operations for less than 3 years
Financing Amount
- Min – RM50,000
- Max – RM300,000
* Depending on eligibility of each customer
Type of Facility
- Term Financing only
* For the purpose of working capital and/ or asset acquisition
Financing Rate
- Min – BFR + 0.30%
- Max – BFR + 1.65%
* Prevailing BFR is based on Maybank Islamic BFR and is subject to further changes
Tenure
Maximum of seven (7) years
Application Procedures
- Application form is available at all CGC’s branches or Click here to download Application Form.
- The complete application form together with all supporting documents can be submitted to any CGC branches.
* Subject to the availability of funds.
Leave your contact details here and we will get back to you.
BizWanita-i
Eligibility Criteria
- Aged 21 – 60 (upon settlement of full instalment payment).
- Business meets either one of the “women” definition stipulated in the FAQ section.
- Must be SME per National SME Development Council’s (NSDC) definition.
- Business registered in Malaysia and is Malaysian-controlled and Malaysian-owned (at least 51% shareholding).
- Business is at least licensed by a local authority.
- Business has been licensed and/or in operations for any number of years (not confined to any minimum nor maximum number of years).
Financing Amount
- Min – RM20,000
- Max – RM300,000
* Depending on eligibility of each customer.
Type of Facility
- Term Financing only
* For the purpose of working capital and/ or asset acquisition.
Financing Rate
- Min – BFR + 0.20%
- Max – BFR + 1.65%
* Prevailing BFR is based on Maybank Islamic BFR and is subject to further changes.
Tenure
Maximum of seven (7) years.
Application Procedures
- Application form is available at all CGC’s branches or click here to download Application Form.
- The complete application form together with all supporting documents can be submitted to any CGC branches.
* Subject to the availability of funds.
Leave your contact details here and we will get back to you.
BizBina-i
Eligibility Criteria
- Must be an SME per National SME Development Council’s (NSDC) definition..
- Business registered in Malaysia and is Malaysian-controlled and Malaysian-owned (at least 51% shareholding).
- Open to CGC’s existing customers under Full Risk Scheme and Direct Financing.
- Existing borrowers of CGC (Full Risk Scheme and Direct Financing) located in towns or districts defined as a disaster area by National Security Council, Prime Minister’s Department or deemed as a disaster area by CGC.
Financing Amount
-
- Min. – RM20,000
- Max. – RM200,000
* Depending on eligibility of each customer.
Type of Facility
- Term Financing only
Purpose of Financing
- Working Capital and/ or Asset Acquisition
- Repairs and purchases of assets for commercial use to replace those damaged during disaster and working capital only.
- The facility should not be used to refinance existing credit facility.
Financing Rate
- 5.80% per annum
Tenure
- Maximum up to five (5) years, including moratorium period during the first 6 months; with profit servicing only.
Scheme availability period
-
- Within 6 months from the declaration of each natural disaster.
Application Procedures
- Application form is available at all CGC’s branches or click here to download Application.
- The complete application form together with all supporting documents can be submitted to any CGC branches.
Leave your contact details here and we will get back to you.