CONTRACT FINANCING

Objectives Of Scheme

• To assist Bumiputra Entrepreneurs, especially those dependant on goverment/goverment agency contracts

Criteria Of Applicant

• Bumiputera (51% shareholding) companies with a track record for at least 1 year
• Must be registered with Ministry of Finance (MOF), PKK, CIDB, and / or other relevant body / authority (whichever applicable)

Criteria Of Contract Awarder

• The federal government
• Statutory bodies
• Government Link Companies or Government Owned Companies (GLC / GOC)
• The business should comply with the syariah guideline

Purpose

• To finance contract of supply finished products or provide services

Size Of Financing

• RM250,000 - RM2,000,000.

Margin Of Financing

• Up to 80% of contract cost