Wednesday, 15 July 2020,   23 Zulkaedah 1441H
Home Business Financing > Our Products > Agrofood Facility-i (AF)


Agrofood Facility-i (AF)

 
Agrofood Facility-i (AF) is a financing scheme offered to Small Medium Enterprise (SME) to increase food production for domestic consumption and exports.
 
 

Eligibility

» This scheme is open to all eligible micro enterprises.
» Malaysian owned business.
» Registered with Suruhanjaya Syarikat Malaysia (SSM) or Local Authority (LA).
   

Features

» Purpose of Financing:
  1. Working Capital
  2. Capital Expenditure
  3. Development of agriculture projects
  Note: Financing should not be used for refinancing of existing facilities.
» Financing Amount: Up to RM50,000.
» Financing Tenure: Up to 5 years.
   

Profit Rate

3.75% p.a.
   

Required Documents

» Business registration with SSM and / or Business License with District Council / Municipal Council / Local Authority (PBT) / Operating Permit (for related businesses) / Partnership Deed (if applicable).
» Copy of IC of Sole Proprietor / Partners / Directors.
» Latest 2 years Audited / Certified Account / Management Account.
» Latest 6 months Company's Bank Statement.
   

How do I Apply?

» Download and fill up the Application Form and send it to us.
» For more information, please contact the nearest Business Financing Centre.
   
Terms and conditions apply.