Background

Bankable, Investable Gameplan (BIG) Programme is initiated by The Ministry of Entrepreneur and Cooperatives Development (MECD) & SME Corp. Malaysia to assist Micro, Small and Medium Enterprises (MSMEs).

In this programme, KUSKOP, through SME Corp. Malaysia, is collaborating with microLEAP to:

• provide innovative and quick short-term financing solution for SMEs through the digital platform;
• simplified documentation process of the applicants; and
• shariah compliant product with 24/7 access for online financing application.

Scope of Financing

SMEs can apply for short-term financing of up to RM50,000 at a profit rate of 7%-10% per annum up to 36 months tenure for:

1. Working capital for operating expenditure purpose (e.g. purchase of inventory / raw material etc.)

2. Financing for business improvement purpose for:

• Purchase of machinery & equipment
• System, eCommerce, e-Payment and ICT applications
• Packaging and Product Packaging
• Advertising and Promotion
• Certification & Quality Management System

Eligibility Criteria for SMEs

Requirements:
• MSME Status Certified;
• At least 60% Malaysian ownership
• Up to RM 50,000 Financing.
• Tenure: 12-36 Months
• Application Fee: RM 50
• Low blended profit rate of 7%-10% p.a
*Subject to fund availability

For more information, please contact:

microLEAP

Whatsapp : 011-5917 1212

Office: 03-7954 0002 / 1212

Email : hello@microleapasia.com

**Important note – Applications can only be made via online.

Disclaimer:

All commitments and assistance extended under the said Programme are subject to the availability of fund. SME Corp. Malaysia reserves the right to discontinue or suspend the Programme, or change the content or formatting of the Programme, at any time without notice to anyone, and to require the immediate cessation of any specific use of the Programme. In addition, we reserve the right in our sole discretion to suspend, terminate or restrict the public’s access to the Programme at any time and for any reason. SME Corp. Malaysia will not be held liable for any loss or damage suffered by any Parties participating in this Programme.

SME Corp. Malaysia also never appointed a consultant/third party for companies to fill and submit applications under this program. If it is found that the company uses a consultant/third party, SME Corp Malaysia reserves the right to cancel/withdraw the company’s application automatically.

WARNING:

Providing false or misleading information for the purpose of defrauding SME Corp. Malaysia is a crime under the Penal Code which penalties include imprisonment and with whipping and shall also be liable to fine. In addition, SME Corp. Malaysia may deny any benefits, rewards or assistance if false information is associated to an application