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NEF2 (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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