| 1 |
What
is AFFINSPIKS?
- AFFINSPIKS is financing scheme that
offers flexibility in evaluating loan application by
SMEs
- The flexibility refers to inclusion
of CGC guarantee cover as apart of real collateral value
supporting their loan applications
|
| 2 |
What
is the benefit of AFFINSPIKS?
The flexibility allows for faster/speedier
approvals (without going to higher approving authorities)
|
| 3 |
Who
qualifies for AFFINSPIKS?
SMEs with shareholders funds/paid-up capital/networth
between RM50,000.00 to RM5.0 million |
| 4 |
What
are the types of sectors/industries available under AFFINSPIKS?
Open to all business activities with targeted
sectors of :-
- Ago-based/food
production or cultivation activities
- Manufacturing
- Special programs run by government or
corporate institutions e.g. franchise, vendor programme
|
| 5 |
What
is the loan amount eligible under AFFINSPIKS?
- Minimum RM50,000.00
- Maximum RM1,000,000.00
|
| 6 |
What
are the financing features of AFFINSPIKS?
- Normal financing
instruments e.g. OD, TL, LC/TR
- CGC guarantee is a must
- Eligible customers may enjoy special
rates under BNM funded loans
|
| 7 |
Why
launch AFFINSPIKS? What is the objective of introducing
AFFINSPIKS?
- To reach viable
SME business with growth potential but lacks collateral
to support loan application
- Promoting various
BNM & CGC funded schemes with lower interest rates
and were given additional allocation
| Funds |
New
Allocation |
Interest
Rate to Customer |
| Tabung Usahawan Baru (TUB) / New Entrepreneur
Fund (NEF) |
RM1.5 Billion
(addn. RM250 mil) |
5.5%
(previously 6.0%) |
| Tabung Untuk Makanan (TUM) / Fund For
Food (3F) |
RM1.3 Billion
(addn. RM300 mil) |
3.75%
(previously 4.0%) |
| Tabung IKS 2 (TIKS 2) / Fund for SMI
2 (FSMI 2) |
RM400 Million
(addn. RM200 mil) |
5.5%
(previously 6.5%) |
|
