PRE-FRANCHISE SCHEME
Objective
To assist new Bumiputera franchisors by providing financial assistance to potential franchisors and master franchisees
Criteria
- Sendirian Berhad companies with existing businesses, which has yet to register with the Registrar of Franchise (ROF)
- 51% equity-owned by Bumiputera
- Register profits and positive shareholders’ fund in the latest audited accounts
- Have at least one outlet for a minimum period of at least one year
- Furnish a detailed franchise business plan and the proposed time frame to register with the ROF
- Submit application for franchise registration to ROF not later than 2 years from the date of first disbursement
- The business is demeed franchisable and Syariah compliant
Financing
- Mode of financing: Term loan
- Margin of financing: Subject to maximum of 4 times gearing ratio
- Size of financing: RM50,000 to RM2 million
- Interest rate: 6% per annum
- Maximum tenure: up to 10 years
