Services Biz Financing (SBF)

1. Project
Covers the entire project cost items including pre-operational expenses

2. Asset acquisition
   (a) Property
i. Purchase of new/ ready-built premise
ii. Purchase of land and construction of premise
iii. Remortgage – free from encumbrances
iv. Refinance – property charges to other banks*
v. Renovations
vi. Other eligible expenses

Note: *Refinance of existing facility with other banks up to principal amount only.

   (b) Machinery/ Equipment/ Motor Vehicles
i. New
ii. Used/ Reconditioned**
iii. Other eligible expenses

Note: **not more than 5 years old

   (c) New ICT Hardware and Software
i. Including other eligible expenses

3. Working Capital 
(a) Purchase of components/ inventory/ raw materials etc.

   (b) Advertising and Promotional cost
i. Related expenses such as media advertising, e-commerce website development, printing of promotional materials etc.
ii. Up to 12 months cost

   (c) Accreditation/ Certification/ Licensing/ Training
i. To meet Local/ Global Standard

   (d) Research and Development

   (e) Operating Expenses (OPEX)
i. Day-to-day related expenses (e.g. staff salary/ utilities and etc.)
ii. Up to 6 months