Business Financing
PROSPER GROW
Explore financing options tailored for new applicants to kickstart or expand their business with PUNB. Learn about eligibility, application requirements, and how PUNB supports entrepreneurs in achieving their goals.
PROSPER Grow
Financing scheme designed to support the growth of competitive Bumiputera entrepreneurs with potential to advance to a higher level in the retail, distributive trade and manufacturing sectors.
Financing Amount
Financing is available for:
- Sole Proprietorship / Partnership / Limited Liability Partnership (LLP):
Financing ranges from RM100,000 and up to RM500,000. - Private Limited Company (Sdn Bhd):
Financing ranges from RM100,000 and up to RM1,000,000.
Financing Tenure
- Up to 7 years
Profit Rate
- 5% per annum on flat rate basis
- 6.5% per annum on daily rest basis
- 6.75% per annum on monthly rest basis
(subject to the purpose of financing)
Eligibility Requirements
Bumiputera Ownership
- Sole Proprietorship, Partnership and Limited Liability Partnership (LLP) must be 100% owned by Bumiputera individuals.
- Private Limited Company (Sdn Bhd) must have at least 51% Bumiputera ownership, in accordance with the prescribed Bumiputera Policy.
Operations
- The business/company must have been in operation for a minimum of 18 months.
Annual Sales
- The business/company must record minimum sales of RM300,000 over a
12-month period.
Shariah Compliance
- Business activities must be in compliance with Shariah principles.
Financing Scope
- General Working Capital (including the purchase of stock/inventory, automation, digitalisation, and the adoption of Environmental, Social and Governance (ESG) requirements.)
- Purchase of Fixed Assets (including equipment, renovation works, automation, digitalisation and certification.)
- Financing-related costs.
Financing Margin
- Up to 90% of the approved project cost, subject to PUNB’s assessment and approval.
How To Apply
- Financing application is through PUNB Online
