SME Leaders Entrepreneur Acceleration Program (SME-LEAP)

Objectives

To provide financial assistance to committed and visionary entrepreneurs who have been awarded with short term contracts in construction, civil, mechanical, engineering, landscaping works and others

Financing type
Loan
Financing rate

BFR + 1.5% per annum (Annuity Monthly Rest)

Financing tenure
  • Working capital – Up to 7 years
  • Fixed asset –Up to 10 years
Financing amount (max)

RM2.5 million

Purpose of Financing
CAPEX
Working Capital
Eligibility criteria
  • Within the national definition of SME as defined by Bank Negara Malaysia
  • Registered under the Companies Commission of Malaysia Act 2001 or Co-Operatives Societies Act 1993
  • The company has been in operation for a minimum of two (2) years
  • Applicants are required to attend the Leaders Entrepreneurship Acceleration Program (LEAP) by SME Bank - CEDAR
Application procedure

Applicants can submit complete financing application directly to SME Bank through their branch networks nationwide. For further enquiries & free consultation or details on SME-LEAP program, please contact Customer Service Centre via the toll free number 1 800 88 3131 or visit www.smebank.com.my

For further information

Small Medium Enterprise
Development Bank Malaysia Berhad
Menara SME Bank
Jalan Sultan Ismail
50250 Kuala Lumpur
Tel: 1800-88-3131