Rakan Usahawan PUNB

Petronas Auto Expert is a collaborative effort between PUNB and Petronas Lubricant Marketing (Malaysia) Sdn Bhd (Petronas) aimed at assisting appointed entrepreneurs in expanding their car workshop businesses under the Petronas Auto Expert brand. Under the program, Petronas provides training, promotion, development funding and business equipment to entrepreneurs.

Financing Amount

Financing from RM100 thousand up to RM5 million

Application open to all sole proprietorships/partnerships/limited liability partnerships/incorporated
Sole proprietorships and partnerships applying for financing of RM300 thousand and below can maintain with the existing entity. For applications exceeding RM300 thousand, the entity must be incorporated once the application is approved

Profit Rate

4% per annum at flat rate

Financing Tenure

Up to 7 years

Eligibility Requirements

Business/company must be 100% bumiputera-owned for financing up to RM1 million, while financing exceeding RM1 million requires a minimum of 70% equity ownership and control by bumiputera
Business/company must be registered with The Companies Commission of Malaysia or Local Authority (if SSM unavailable)
New or existing business/company that obtain a valid appointment letter from Petronas Lubricant Marketing (Malaysia) Sdn Bhd
Updated financial records for operational business/company
Good credit record with all relevant financial institutions
Meet the documentation requirements during the application and disbursement of financing

Financing Scope

Inventory
Machine and equipment
Related business premises renovation

How To Apply

Must obtain an ID number from the Monitoring Officer to apply for financing through e-mohon at PUNB official portal
For further information, please contact your Monitoring Officer or Customer Service Officer at 1300 13 7862

Disclosure Sheet Financing Calculator

Financing subject to terms & conditions

The Lubrex Booster Program is a collaborative effort between PUNB and Prowheels Distributor (M) Sdn Bhd (PDMSB) aimed to foster the growth of PDMSB’s Lubrex oil distributor business. Under the program, Lubrex oil distributor entrepreneurs appointed by PDMSB will receive business financing from PUNB. PDMSB provides comprehensive services including corporate image and business monitoring, entrepreneurship training and advisory support.