Get working capital financing of up to 200% against Fixed Deposit/ Islamic Fixed Deposit-i as a collateral. This is suitable to support daily operational needs for a business which is involved in government contracts and import/export activities.
Who Can Apply
Sole-Proprietor, Partnership, Private Limited Company & Professional
Purpose of Financing
Working Capital
Types of Facility
Term Loan / Commodity Murabahah Term Financing-i (CMTF-i)
Overdraft / Cash Line-i (CL-i)
Tradelines / -i: In form of Letter of Credit (LC)/ Trust Receipt (TR)/ Invoice Financing (IF)/ Bank Guarantee (BG)
Tenure
Term Loan/ CMTF-i : Up to 5 years
Overdraft/ CL-i: Subject to renewal
Tradelines/-i: Subject to trade cycle
Loan / Financing Quantum
Up to RM5,000,000
Eligible Collateral
Fixed Deposit (FD)
Islamic Fixed Deposit-i (IFD-i)
ASB
ASN
ASW2020 (For Conventional only)
Security Requirement
Joint & Several Guarantee of ALL directors (applicable for Private Limited Company)
Corporate Guarantee to be obtained from parent company (if applicable)
More Info
Click here for SME Fixed Deposit Extra Product Disclosure Sheet
Click here for SME Fixed Deposit Extra-i Product Disclosure Sheet