SME Express Financing Portfolio Guarantee Scheme-i
Fund Your Business Quickly
Without Providing Collateral.
Get financing limit of up to RM1,000,000 with Alliance Islamic Bank SME express financing.
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Your business can obtain collateral-free financing with Alliance Islamic Bank’s SME Express Financing Portfolio Guarantee Scheme!
Details
-
No collateral required
Minimal documentation
Get up to RM1 million in financing
Who can apply
- SMEs as defined by National SME Development Council (NSDC).
- Business registered in Malaysia, Malaysian controlled and Malaysian-owned business (at least 51% shareholding).
- For Sole-Proprietorship, Partnership and Private Limited Companies.
- Business turnover of at least RM500,000.
- Business establishment of at least 3 years.
- For Sole-Proprietorship, Partnership and Private Limited Companies.
Features
- Financing Limit: Up to RM1,000,000.
- Facility Type: Term Financing.
- Financing Tenure: Up to 7 years.
- Guarantee Cover: Up to 70% guarantee cover by Credit Guarantee Corporation (CGC).
Document Requirements
- Latest 6 months’ Bank Statements
How to Apply
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