Among the common reasons are the application does not fulfilled the main financing criteria and the business plan is not viable.

PUNB does not provide financing to infrastructure sector/industry (logistics) for purposes of building a warehouse and haulage services. However, we do finance renovation work or the relocation of the business premises.

PUNB does not impose an additional collateral for financing below than RM1 million. However, PUNB may impose for additional collateral if the risk of financing is high according to the Credit Scoring result.

1. Cash Upfront / Deposit
2. Sinking Fund
3. Assets - property (free from claimable by any party)

The profit rate is determined based on the type of financing, either for asset purchase or working capital purposes.

To facilitate payment, PUNB provides several methods of payment through internet banking (JomPAY) or cheque.

Yes, PUNB offers financing to professionals such as doctor, architect, engineer and others. To qualify, the applicant must be a certified member of the professional body recognised by the Government. In addition, the applicant's background, such as the number of years in the profession, exposures and experiences in the business you are venturing into are amongst the criteria that PUNB will be assessing.

It is not necessary to provide additional collateral if the value of collateral from the first financing is sufficient to cover the value of the collateral needed for the joint amount of second financing and the remaining balance of the first financing.

In the financial sector, PUNB only consider application for businesses that provide foreign money/currency exchange services.

The minimum revenue per year to qualify for PUNB financing is RM300,000 and above and the business must be in operation not less than 18 months.

PUNB does not provide financing for livestock and plantation sectors including upstream agriculture sector for food.

PUNB is focusing on innovative business of high upstream and downstream value, customer-friendly, technological adaptable and highly scalable.

The maximum financing tenure is 7 years but it is subjected to the final approval which is dependent on the type of business, sales value and profit rate of the company.

PUNB has partnered with several Government agencies in assisting entrepreneurs to expand their business overseas through an initiative known as GLORY 25 International Initiative. PUNB provides financing assistance for research on new and overseas markets through collaboration with these agencies.

You need to prepare and submit a complete business plan with all relevant supporting documents required for the application. For further enquiries, please call our Customer Service Centre at 1 300 13 7862 or join our weekly briefing at PUNB HQ and Regional offices.

PUNB's single limit exposure for each company or group of companies run by the same entrepreneur is up to RM10 million.

The scope of financing offered by PUNB includes:

1. Working capital
2. Business premises renovation
3. Equipment and machine
4. Intellectual property registration*
5. Product and process enhancement*
6. New market research*
7. Marketing & promotion*
8. Domestic/international certificate (product/company/staff)*

Yes, apart from financing assistance, companies will also received business support related to advisory & consultancy service, company & business monitoring, entrepreneur development and business development.

PUNB financing is syariah compliant with transparency assessment process, financing rebate and stamp duty rebate on financing document.

For a company/business which is interested to apply for PUNB financing, they are required to be in operation for the minimum of 18 months and must have good and updated business/financial records.

PUNB gives priority to the following business sectors:

1. Businesses in the retail sector
2. Services (such as professional services)
3. Distribution
4. Manufacturing
5. Engineering
6. Hospitality
7. Creative

The business sectors which are not financed by PUNB are:

1. Non-syariah compliant business
2. Plantation & livestock
3. Infrastructure (logistics):
   1. Warehouse construction
   2. Haulage services
4. Financial services (except for foreign/currency exchange business)
5. Real estate development
6. Civil construction

The minimum age limit is 18 years old and the maximum is 55 years old. However, if the applicant is over 55 years old, he/she must have a director or a business partner to ensure the business continues to operate should anything happen to the owner.

The whole process of financing from assessment, approval and disbursement is subject to submission of complete documents and viability of the business plan. For financing below RM1 million, the assessment and approval is subject to a maximum of 30 working days whilst more than RM1 million is 60 working days. The disbursement however is subject to the following:

1. Meet all the condition precedents
2. Obtained permission from financial institution to allow the company to charge current or future (debentures) assets either in fixed and/or float form or specific charge (if necessary)

Yes, you have to pay a processing fee of minimum RM50 and maximum of RM1000 once your application is approved. The amount of fees depends on the financing amount approved.

No, this processing fee needs to be paid in advance upon acceptance of the Offer Letter.

PUNB conducts business plan workshop for those who are interested with an entry fee of RM100. This course is not mandatory and it is not a part of the pre-requisite for financing approval.

Yes, you can apply. However, to qualify for the financing, the business must be in operation more than 18 months and you need to run the business on full time basis.

You are eligible to apply on the condition that your company's shareholding and operation is owned and controlled by Bumiputera.

You may apply the financing for a business in the foreign country, provided that the business has a Headquarters in Malaysia and is controlled by Bumiputera.

You can contact PUNB after a minimum of 14 working days from the date of submission of the business plan.

The premises for rental are limited only to units owned by PUNB. If you are interested and for further enquiry on the vacant units which are available, please visit PUNB's official portal or contact Customer Service Centre at 1 300 13 7862.

For PUNB to assist your company in the most effective manner, you should ensure that you adhere to the terms of financing as stipulated in the financing agreement and give your full cooperation to our monitoring officer carrying their duty from time to time.

You are eligible to apply from PUNB provided that the application does not overlap or it be used to pay off the existing financing with another financial institution.

Your financing is protected under Takaful coverage provided by PUNB Takaful panel which covers the entrepreneur as an individual and his/her business assets.

The request for postponement can be considered if the explanations are of valid reasons and does not affect your business plan.

No, you cannot. PUNB only allows its panel of lawyers to undertake the preparation of all documentations related to the financing agreement.