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Fund for Small & Medium Industries II (FSMI2)

1 Total Revolving Fund · RM4,500 Million
2 Eligible Sector · All export – oriented companies involved in the manufacturing and services
3 Eligible Participants · Shareholders’ fund of not exceeding RM10 Million;
. . · Malaysian-owned companies/ institutions (at least 51% ownership) registered under the Companies Act 1965, Registration of Business Act 1956, the Co-operatives Act 1993 and/or the Societies Act 1996; or
. . · Citizens resident in Malaysia (Sole-proprietor)
4 Eligible Projects · All projects which are viable under the following sectors:-

(i) Manufacturing and / or

(ii) Services

5 Limit of Facility ·

The minimum loan per borrower is RM50,000.00
. . · The maximum loan per borrower is RM3.0 Million
6 Form of Facility · All types of facilities
7 Interest Rate · Maximum of 5.0% p.a.
8 Commitment Fee · 1% p.a. on the unutilised portion of Overdraft and Revolving Credit Facilities
9 Tenure of Facility · 3 years
10 Purpose of Financing · For Working Capital and or for Expansion of productive capacity



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