TEMANIAGA-i TAWARRUQGrow your business, we're ready to helpFeatures
Financing Purpose: Working Capital / Capital Expenditure / Renovation of Business Premises / Refinancing
- Financing Amount: RM5,000 - RM50,000
- Financing Period: 1-5 years
Business Sectors: Retail and Wholesale / Manufacturing / Services
APPLY NOWShariah Concept
Tawarruq consists of two sale and purchase contracts. The first involves the sale of an asset by a seller to a purchaser on a deferred basis. Subsequently, the purchaser of the first sale will sell the same asset to a third party on a cash and spot basis.
TEMANIAGA-i TAWARRUQGrow your business, we're ready to helpFeatures
Financing Purpose: Working Capital / Capital Expenditure / Renovation of Business Premises / Refinancing
- Financing Amount: RM5,000 - RM50,000
- Financing Period: 1-5 years
Business Sectors: Retail and Wholesale / Manufacturing / Services
APPLY NOWShariah Concept
Tawarruq consists of two sale and purchase contracts. The first involves the sale of an asset by a seller to a purchaser on a deferred basis. Subsequently, the purchaser of the first sale will sell the same asset to a third party on a cash and spot basis.
Business financing designed for micro entrepreneurs to grow their business.
ELIGIBILITY
Micro Enterprise (Sole Proprietorship / Partnership / Private Limited Company including Professional businesses)
- Malaysian owned business
Registered with Suruhanjaya Syarikat Malaysia (SSM) / Local Authority (LA) / respective Professional Bodies (for Professional business)
Business has been in operation for at least two (2) years
RATES
- Profit rate offered from as low as 6.38%
Required Documents
| Sole Proprietorship / Partnership | Private Limited Company |
A valid Business Registration with SSM or Business License with Local Authority (LA) / Certificate of Practice (for Professional business) | Certified True Copy (CTC) of the followings :
|
A copy of NRIC of sole proprietor / partners | A copy of NRIC of all Directors / Shareholders / Guarantors (if any) |
Latest 2 years of Management Account | Latest 2 years of Audited Accounts / Management Accounts |
Latest 6 months of Company’s Bank Statement | Latest 6 months of Company’s Bank Statement |
Any other supporting documents as required by the Bank | Any other supporting documents as required by the Bank |
Get Started with our Financing Calculator
Wish to know how much you would be paying every month? Let us help you get started.Â
{{lang == 'en' ? 'Kindly enter your financing details' : 'Masukkan butiran pembiayaan anda di sini'}}
{{lang == 'en' ? ' This calculator serves as an estimate only. It is provided for illustrative purposes and is based on the accuracy of information provided. It does not constitute a quote. BSN shall not be responsible for any inaccuracies or errors resulting from the use of this calculator.' :'Kalkulator ini berfungsi sebagai anggaran sahaja. Ia disediakan untuk tujuan ilustrasi dan adalah berdasarkan ketepatan maklumat yang diberikan. Ia bukan merupakan sebut harga. BSN tidak akan bertanggungjawab terhadap sebarang ketidaktepatan atau kesilapan yang disebabkan oleh penggunaan kalkulator ini.'}}
HOW DO I APPLY?
- Application submission available online. APPLY NOW.
- User guide for online application.
- Contact our Credit Supervisory Team for further information.
NOTES:
- View Product Disclosure Sheet.
- View BSN Micro Finance Client Charter.
- Terms & Conditions apply.Â
Visit our branch
Visit our nearest Business Financing Centre for more information
OR download our Application Form HERE.
