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Bank Negara Funded Facility : NEF 2 (Bumiputra)
 
   
 
 
     
NEF 2 (Bumiputra)   
Purpose of Financing
  • Expansion of productive capacity
  • Working capital; or both


Financing should not be used for:

  • Purchase of shares
  • Refinancing of existing credit facilities


Eligibility 

  • Shareholders' funds not exceeding RM10 million.
  • Wholly-owned Bumiputera institutions incorporated under the Companies Act 1965, the Co-operative Societies Act 1993, the Societies Act 1966, Bumiputera citizens residing in Malaysia and Bumiputera entrepreneurs registered under the Registrar of Business or any other authoritative bodies; or Must fall within the definition of SMEs
  • Small and medium- sized Bumiputera enterprises participating under the vendor development programme of the Ministry of Entrepreneur Development or Ministry of Finance with at least 70% Bumiputera equity and management control.


Eligible Sectors: All economic sectors
Maximum Financing Rate: 4.0% to 6.0% p.a
Maximum Tenure: Up to 5 years
Minimum Funding: RM50,000
Maximum Funding: RM5 million

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