MADANI MULA NIAGA-i
MADANI MULA NIAGA-I FOR NEW BUSINESSES
BSN Micro-i Madani Mula Niaga is a micro financing facility for entrepreneurs who have just started a formal business and need support to expand.
3 months operation
Business must have operated for at least 3 months, based on business category and type.
3.50% to 4.00%
Fixed annual rate for clearer repayment planning.
1 to 3 years
Financing tenure designed for newly started formal businesses.
RM2,000 to RM20,000
Minimum and maximum financing amount available for eligible new micro and small enterprises, subject to approval.
FUNDING FOR PRACTICAL BUSINESS NEEDS
Use MADANI MULA NIAGA-i for the same core business needs listed by BSN: working capital, capital expenditure, and renovation.
1.
Working capital
Support inventory, cash flow, operating expenses, and day-to-day business requirements.
2.
Capital expenditure
Finance business assets, equipment, tools, technology, or other capital expenditure needed for expansion.
3.
Renovation
Improve business premises and create a better operating environment.
PREPARE BEFORE YOU APPLY
Check the core eligibility points and prepare the documents needed for financing review
New formal businesses
Open to micro and small enterprises that have just started a formal business, across all types of business sectors.
Malaysian owned and registered
The business must be Malaysian owned and registered with the Companies Commission of Malaysia (CCM), Local Authority (LA), Professional Body, or relevant agency.
Self-employed professionals
Self-employed applicants, including professionals such as accountants, doctors, and lawyers, may be eligible when properly registered.
3 months operation
Business must have been in operation for at least 3 months, based on the business category and type.
Documents to prepare
Prepare NRIC copies for proprietor, partners, or directors; valid business registration, business license, or professional certificate; latest 3 or 6 months bank statements; electricity and water bills for the business premises; and any supporting documents required by the bank.
EMPOWER YOUR BUSINESS WITH BSN MICRO FINANCING
Register your interest and let BeanSE guide you through the next step for MADANI MULA NIAGA-i financing.
