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FINANCING SCHEME

PRESTIGE 2.0: SME Financing Scheme

Provider

Funding Societies

Objective

PRESTIGE 2.0: SME Financing Scheme is an initiative by SME Corporation Malaysia (SME Corp. Msia) under Programme for Enhancement of Strategic Industry and High Growth Enterprise (PRESTIGE) with the objective to provide better access to financing for SMEs in High Growth strategic industries.

High growth SMEs represent a vital segment of Malaysia’s economy, driving innovation, employment, and economic diversification. This financing scheme aims to empower such SMEs to expand their operations, integrate into global supply chains and penetrate international markets.

Through this initiative, SME Corp. Malaysia has appointed Funding Societies to provide innovative financing solutions for SMEs through their financing platform.

Funding Amount

1. Account Payables Financing-i
Finance your purchase orders and business expenses

  • Financing up to 100% of invoice value / 95% of project cost
  • Financing tenor up to 120 days
  • Bullet payment of principal and profit upon due date
  • Attractive profit rate - 3% per annum

 

2. Account Receivables Financing-i
Cash advance against your receivables

  • Financing up to 85% of invoice value
  • Financing tenor up to 120 days
  • Bullet payment of principal and profit upon due date
  • Attractive profit rate - 3% per annum

 

3. Business Term Financing-i
Expand your business with no collateral required

  • Financing up to 95% of project cost
  • Financing tenor up to 60 months
  • Monthly payment of principal and profit
  • Attractive profit rate - 3% per annum

Applications Document

Required Documents are:

  1. Company Registration Form
  2. Copy of Identity Card/Passport of all Directors
  3. Latest 6 months’ Bank Statements
  4. Latest Audited Accounts & Management Accounts (if available)
  5. Debtors’ and Creditors’ Aging Report / Statements of Account (if available)

Purpose of Financing

Alternative Financing

Eligibility

  1. Eligibility requirements:
    • Small and medium enterprises (SMEs) incorporated in Malaysia.
    • Minimum 3 years operating track record
    • SMEs in high growth sectors, include Smart Agriculture, Aerospace, Electrical & Electronics, Medical Devices, Halal Industry, Tourism, Oil & Gas and Biotech
    • Must be a private limited company or an unlisted public companies

 

  1. Any Shariah-compliant business, particularly those in strategic growth sectors, such as:
    • Smart Agriculture
    • Aerospace
    • E&E
    • Medical Devices
    • Halal Industry
    • Tourism
    • Oil & Gas
    • Biotechnology

 

  1. Additional Information:
    • Minimum 3 years of consistent growth
    • Clear expansion or export plans
    • Must be a private limited company or an unlisted public company

Application Procedure

Fill the form to get the application procedure link

  • Customer Service
  • +603 9212 0208

For any enquiries, contact our Administrator

Level 19, MoF Inc. Tower,
9, Persiaran KLCC,
50088 Kuala Lumpur,
Malaysia

+603-86558750

i-ogse@mprc.gov.my

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