Supply Assistance Scheme (i-SPLASH)

Objectives
  • To finance direct supply contracts awarded by the Federal Government, State Governments, Government Agencies, Government Linked Companies (GLCs) and its subsidiaries
Financing type
Loan
Financing rate
  • Minimum 1.0% per month, subject to contract tenure
Financing tenure
  • Up to 180 days
Financing amount (max)
  • RM1 million inclusive Kafalah Bank Guarantee
Funding Instrument
  • Commodity Murabahah Revolving Financing-i (CMRF-i) – Non-Revolving Facility
  • Kafalah Bank Guarantee
Purpose of Financing
Contract Financing
Eligibility criteria
  • Applicant must be Small & Medium Enterprise with good credit records.
  • Obtained direct supply contracts for finished products including goods and equipments such as food, clothing, vehicle, machinery & equipment (including installation, commissioning, testing and training) and office equipment.
  • Contract awarder must be the Federal Government, State Government, Government agencies, GLCs and its subsidiaries.
  • The contract period should not be more than 12 months.
  • Fulfilled other eligibility criteria set by SME Bank.
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 i-SPLASH programme, please contact the Bank’s Customer Service Centre at 03 2603 7700 or visit www.smebank.com.my