EXECUTIVE FRANCHISE SCHEME
Objective
To encourage Bumiputera employees in public and private sectors to venture into franchise business, focus will be given to those opting for voluntary separation scheme (VSS) or early retirement.
Criteria
- Bumiputera aged 25 years and above.
- Minimum qualification Diploma in any field.
- A wholly-owned Bumiputera company.
- Contribute at least 20% of the total project cost.
- The business must comply with the syariah guideline.
Financing
- RM 50,000 to RM 1 million
Financing Tenure
Financing Mode
Financing Margin
- Up to 80% of project cost
Interest Rate
Grace Period