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FINANCING

SME Fixed Deposit Extra / -i

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

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