Affin Bank Business Loan

Fund for Small & Medium Industries II (FSMI2)

1 Total Revolving Fund RM4,500 Million
2 Eligible Sector All export � oriented companies involved in the manufacturing and services
3 Eligible Participants Shareholders� fund of not exceeding RM10 Million;
. . Malaysian-owned companies/ institutions (at least 51% ownership) registered under the Companies Act 1965, Registration of Business Act 1956, the Co-operatives Act 1993 and/or the Societies Act 1996; or
. . Citizens resident in Malaysia (Sole-proprietor)
4 Eligible Projects All projects which are viable under the following sectors:- (i) Manufacturing and / or

(ii) Services

5 Limit of Facility

The minimum loan per borrower is RM50,000.00
. . The maximum loan per borrower is RM3.0 Million
6 Form of Facility All types of facilities
7 Interest Rate Maximum of 5.0% p.a.
8 Commitment Fee 1% p.a. on the unutilised portion of Overdraft and Revolving Credit Facilities
9 Tenure of Facility 3 years
10 Purpose of Financing For Working Capital and or for Expansion of productive capacity


1 Effective Date
  • 17th October 2002
2 Objective of Scheme
  • To assist entrepreneurs who have viable projects but lack the collateral to obtain the required loan amount from financial institutions
3 Credit Facilities for Guarantee
  • Base on the credit facilities eligible under the:-
    1. Fund for Small and Medium Industries-2 (FSMI2)
    2. New Entrepreneur Fund 2(NEF2)
4 Eligible Participants
  • Based on the individual eligibility criteria of the FSMI2 and NEF2
  • Must be Malaysian owned or Malaysian controlled (majority of shareholding/interest is Malaysian). Except for the RFSMI scheme, borrower must have good track record and is not listed under Biro Maklumat Cek of the Central Bank
5 Loan Limit
Scheme Amount
RM3.0 Million
RM5.0 Million
6 Interest Rate
Scheme Interest Rate
  • There is no capping of guarantee cover for the secured portion of the loan
7 Guarantee Cover
  • Ranging from 30% to 80%
  • Covers credit facilities ranging RM0.5 million up to RM2.5 million for unsecured portion and no capping for the secured portion of the loan
8 Guarantee Fee
  • The annual guarantee fee, payable in advance annually, will be borne by the lending institution and is calculated based on th guarantee cover issued
  • Unsecured Portion – Between 0.75% to 1.5% p.a
  • Secured Portion – Between 0.5% to 1.25% p.a
9 Guarantee Period
  • Follows the tunure of the loan / tunure of funding i.e.
    FSMI2 – up to 3 years
    NEF2 – up to 8 years

May 13, 2009 - Posted by | Uncategorized

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