Access to finance is a fundamental need for business seeking new opportunities or expansion plans. Oil and Gas Services and Equipment (OGSE) companies can find out more about grants, loans and government tax incentives to become more competitive for future growth in both domestic and regional markets.
Business Accelerator Programme (BAP)
To assist SMEs in strengthening their core business, building capacity and capability, and facilitating access to financing.
4% per annum
Working capital – Up to 7 years including grace period
Purchase of asset – Up to 10 years including grace period
Financing amount (max)
Up to RM1 million
Purpose of Financing
Applicant must be in the Small & Medium Enterprise (SME) category.
Companies/Businesses with qualifying rating of SCORE 2 or higher.
Company must be at least 60% owned by a Malaysian during the period of financing.
Full time business operator.
Companies/Businesses with at least 6 months in operation.
Applicants can submit complete financing application directly to SME Bank through their branch networks nationwide. For further enquiries & free consultation or details on BAP programme, please contact the Bank’s Customer Service Centre at 03 2603 7700 or visit www.smebank.com.my.