SME Funds Made Easy
Qualifies To Apply
FLEXI GUARANTEE SCHEME
To provide guarantee for loans granted under Fund for Small and Medium Industries 2 (FSMI2) and New Entrepreneur Fund 2 (NEF2). The funds are designed to facilitate greater access to credit for viable Malaysian SMEs.
∙ Shareholders’ funds not exceeding RM2 million.
∙ Malaysian-owned institutions (at least 51%) incorporated under the Companies Act 1965, Co-operative Societies Act 1993, Societies Act 1966, citizens residing in Malaysia and entrepreneurs registered under the Registrar of Business or any other registration authorities in Malaysia.
∙ Must fall within the definition of SMEs as defined by the National SME Development Council.
∙ Franchise businesses can apply under this scheme.
∙ Minimum Funding: RM50,000
∙ Maximum Funding: RM5 million
∙ Expansion of productive capacity
∙ Working capital
All economic sectors except for money exchange activity
Up to 5 years
4% to 6% per annum