FINANCING SCHEME

TERAJU Islamic Working Capital Project Financing (i-WCPF) Programme by CapBay

Provider

Capbay

Objective

A government initiative programme under TERAJU designed to assist Bumiputera companies to stimulate economic activity by accelerating cash flow and working capital

Funding Amount

  1. Financing Amount: Up to RM 1,000,000
  2. Margin of Financing: Up to 85%
  3. Tenure of Financing: Up to 12 months

Claim Method

Bullet Repayment by end of tenure & Monthly Repayment

Applications Document

Required Documents are:

  1. Copy of Main Director(s) Identification Card (IC)
  2. Latest 6 months bank statement
  3. Letter of Award / Contract
  4. Signed Customer Due Diligence (CDD) Form
  5. Latest 3 years Financial Statements
  6. Company Profile

 

Purpose of Financing

Eligibility

  1. Minimum of 51% Bumiputera shareholding in the company
  2. Bumiputera status verified by the Ministry of Finance or equivalent  (if applicable)
  3. Chief Executive Officer/Managing Director or the majority of the company’s top management are Bumiputera
  4. Companies must be incorporated in Malaysia under the Companies Act 2016
  5. Not Conglomerates, Publicly Listed Companies & Subsidiaries, Government-Linked Companies (GLC) and Government-Linked Investment Companies (GLIC) & Subsidiaries, state government-linked companies and their subsidiaries, cooperatives, foundations, associations, and organisations.

Application Procedure

Fill the form to get the application procedure link