FRANCHISEE FINANCING SCHEMEThis scheme is designed to help Bumiputera citizens venture into the franchise business.
If you're thinking of owning your own business, we can help you schoose the franchise
you want, and provide the necessary financing and training.More Info

Objectives

  • Provide financing to Bumiputera franchisee to set up franchise business in Malaysia
  • Encourage Bumiputera from public and private sectors to venture into franchise business
  • Encourage cooperative bodies to venture into franchise business
  • Focus to those who are involved in Voluntary Separation Scheme (VSS) or to pursue early retirement

Company Criteria

  • Business owner must be from 21 – 60 years of age
  • Business owner must also be the business operator
  • Preference will be given to those with minimum academic qualification of diploma
  • Financing application must be through a registered company
  • Applicable to 100% Bumiputera-owned company only
  • Company must obtain a letter of offer from the registered franchisor or master franchisee.
  • Syariah-compliant business
  • Financing application through sole-proprietorship or partnership entity is limited to the maximum of RM250,000 only
  • A cooperative body that wishes to apply must be through a Sendirian Berhad entity
  • Company, business owner(s), director(s) and shareholder(s) must possess good credit record and not declared bankrupt

Financing Structure

Financing Mode

  • Islamic Financing (Tawarruq Concept)

Financing Size

  • RM50,000 to RM2,000,000
    Financing margin of up to 70% from the project cost

Profit Rate

  • BFR + up to 5%

Financing Tenure

  • Up to the maximum franchise agreement tenure

All Financing schemes above are subject to the following conditions below:-
• Processing Fee – 0.5% of approved limit
• Legal Fee and Stamp duty – 3.0% of approved limit (Subject to variation and amendment)
• Training Fee: RM300
• Wakalah Fee: RM50
• Takaful Protection – (General and credit)

Online Application

Franchise financing online application

Apply Now