FSMI2 - Financial assistance to penetrate the export market.
FSMI2 scheme is to assist small and medium industries (SMIs) in penetrating
the export market and providing linkages to the export-oriented and
domestic industries. The scheme is administered by Bank Negara Malaysia
(BNM).
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Purpose of financing: For working capital and expansion
of productive capacity. |
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Amount of Financing: Minimum RM50,000 - Maximum RM3.0 million. |
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Lending rate: 5.0% per annum (subject to change). |
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Types of facility: All forms of facility. |
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Maximum tenure of financing: Up to 3 years (from date of
1st drawdown from BNM). |
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Malaysian-owned companies/institutions (at least
51% ownership) registered under the Companies Act 1965, the
Co-operative Societies Act 1993, the Societies Act 1996. |
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Citizens residing in Malaysia. |
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Entrepreneurs registered with the Registrar of Business
or relevant authorities. |
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Shareholders' fund NOT exceeding RM10.0 million. |
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Operating in the following sectors: Manufacturing, Trading
and Services. |
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For more information, please drop by at the nearest
EON Bank branches; or call the following EON Bank Head Office departments:
Commercial Banking : 03-2696 2806 / 03-2382 5225
Bumiputra Enterprise & Public Sector : 03-2382 5231
Islamic Banking : 03-2382 5229
Head Office's General Line : 03-2694 1188
All applications are subject to the bank's credit evaluation procedures
and availability of funds.
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