To resolve the Non-Performing Loans (NPLs) of small borrowers with on-going business by facilitating loan restructuring and providing new financing;

Small Debt Resolution Committee (SDRC) will undertake an independent assessment on the viability and loan restructuring requirement of small business.

To replace RFSMI and ERDF with effective from 1/11/2003.

Malaysian owned (at least 51%) companies and institutions registered under the Companies Act 1965, Registration of Business Act 1956, Societies Act 1966 or the Cooperative Societies Act 1993;

Business enterprise with full time employees not exceeding 150 and annual sales turnover not exceeding RM25.0 million;

Aggregate outstanding NPL of not more than RM3.0 million with commercial bank, finance companies, Islamic bank, Bank Pembangunan dan Infrastruktur Malaysia Berhad and Bank Industri dan Teknologi Malaysia Berhad;

The NPLs must only be for business-related loans (to exclude share financing and loans for personal consumption); and

Applicants must have on-going business.