SME Bank Business Accelerator Program

An SME financing program for aspiring entrepreneurs to meet their working capital requirements and fixed asset purchase.

How much the bank charges you based on your financing amount & financing period

Financing Value	Financing period	Annual Sales Turnover	Profit Rate
RM50,000 - RM1,000,000	12 to 84 months	min. RM300,000	4% p.a.

Profit Rate / APR: As low as 4% p.a. depending on financing amount and period
Stamp Duty: RM10
Late Penalty Fee: 1% from current outstanding amount

Minimum Annual sales turnover

RM300,000

Minimum Company Age

0.5 year

Malaysian Ownership

60%

Who can apply

Funding Societies SME Micro Financing/-i
Profit Rate
from 9.6% p.a.
Annual Turnover
min. RM60k
Alliance Bank Digital SME Loan
Interest Rate
from 5.9% p.a.
Annual Turnover
RM50k - RM30m
UOB BizMoney
Interest Rate
from 5% p.a.
Annual Turnover
min. RM1m
Avex Credit
Interest Rate
from 12% p.a.
Annual Turnover
min. RM100k
RHB SME Online Financing
Interest Rate
from 8.45% p.a.
Annual Turnover
RM500k - RM25m
Capital by Boost Credit
Profit Rate
from 18% p.a.
Annual Turnover
RM -

MIDF SME Emergency Fund
Interest Rate
from 3% p.a.
Annual Turnover
RM300k - RM50m
HSBC Working Capital Term Loan for SME
Interest Rate
from 9.89% p.a.
Annual Turnover
min. RM500k
BSN Micro TemaNiaga-i Tawarruq
Profit Rate
from 6.38% p.a.
Annual Turnover
RM300k - RM15m
Bank Rakyat Skim Pembiayaan Mikro-i MUsk
Profit Rate
from 12.56% p.a.
Annual Turnover
up to RM300k
IVC Business Loan
Interest Rate
from 18% p.a.
Annual Turnover
RM -
Bank Rakyat Skim Pembiayaan Mikro-i MEF
Profit Rate
from 8.25% p.a.
Annual Turnover
up to RM300k

Agrobank Term Financing-i
Profit Rate
from 11% p.a.
Annual Turnover
RM300k - RM15m
SME Bank Small Business Financing
Profit Rate
from 8% p.a.
Annual Turnover
min. RM150k
SME Bank Business Accelerator Program
Profit Rate
from 4% p.a.
Annual Turnover
min. RM300k
BSN Microplus
Interest Rate
from 8.45% p.a.
Annual Turnover
RM300k - RM50m
BSN Micro TemanMesra
Interest Rate
from 6.38% p.a.
Annual Turnover
RM300k - RM15m
BSN Micro TemaNiaga
Interest Rate
from 6.38% p.a.
Annual Turnover
RM300k - RM15m