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Fund For Small And Medium Sized Industries 2 (FSMI 2)

Objective
To assist and promote Small & Medium Enterprises (SMEs) and Small & Medium Industries (SMIs) activities in both export and domestic oriented sectors.

Eligibility
•	All SMEs/SMIs businesses with shareholders funds not exceeding RM10 million.
•	Malaysian owned business entities (at least 51%) incorporated under the Companies Act 1965, Co-operative Societies Act 1993, Societies Act 1966, citizens residing in Malaysia and entrepreneurs registered under the Companies Commission of Malaysia or Registrar of any other authoritative bodies.
•	Only for manufacturing and services sector.

Ineligibility
•	Refinancing of existing credit facilities
•	Purchase of shares
•	Purchase of land

Types of Facility
•	Overdraft (OD)
•	Term Loan (TL)
•	Trade Lines - only funded bills are eligible

Loan Amount
•	Minimum RM50,000
•	Maximum RM3 million

Repayment Period
Maximum 3 years from the date of the first drawdown

Interest Rate
5.0% p.a. (subject to change by Bank Negara Malaysia)

For further enquiries, call your nearest Maybank Business Centre or apply online.
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