MADANI PENJAJA-i
MADANI PENJAJA-I FOR HAWKER BUSINESSES
BSN Micro-i Madani Penjaja is a micro financing facility for static and non-static hawkers who need support to expand their businesses.
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 micro, small, and hawker enterprises.
RM2,000 to RM20,000
Minimum and maximum financing amount available for eligible hawker enterprises, subject to approval.
FUNDING FOR PRACTICAL BUSINESS NEEDS
Use MADANI PENJAJA-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
Micro, small, and hawker enterprises
Open to micro, small, and hawker enterprises, including static and non-static hawker businesses.
Malaysian owned and registered
The business must be Malaysian owned and registered with the Companies Commission of Malaysia (CCM) or Local Authority (LA).
Static and non-static hawkers
Designed for hawkers who operate from fixed locations or mobile/non-static business setups and intend to expand their business.
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 CCM business registration or Local Authority business license; latest 3 or 6 months bank statements; electricity and water bills for the business premises; quotation of purchase for business upgrading; 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 PENJAJA-i financing.
