SME Bank Women Entrepreneur Financing Program under the Leaders Entrepreneur Acceleration Program (WEP –LEAP) is to provide assistance to women entrepreneurs under the SME category of small and medium size to obtain financing for business expansion.
- Based on Shariah financing concept
- Financing of Fixed Asset
- Financing of Working Capital
Margin of Financing
- Up to 100%*
- BFR + 1.50% per annum (AMR)*
|Purchase of assets||Up to 10 years including grace period*|
|Working capital||Up to 7 years including grace period*|
- The business is registered with SSM / other authorized registering bodies. (Sole-proprietorship or partnership firm, or a Sdn Bhd company).
- For a Partnership firm or a Sdn Bhd company, the women entrepreneur (applicant) must hold majority shares of 51% AND is the key decision maker and must be full time in business.
- Applicants are required to attend the Leaders Entrepreneurship Acceleration Program (LEAP) by SME BANK-CEDAR.
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