Fund For Small & Medium Industries 2


	603-2381 2828 e-AmBizCare@ambg.com.my

		Financing For Small Medium Size Businesses

Fund For Small & Medium Industries 2 (FSMI2) facility is for working capital & expansion of productive capacity (purchase of new machineries, shophouses, extension of factory etc).

Features
• Size of Fund: RM4.5 Billion (as per National Budget 2005).

• At Preferential rate (Please contact the Bank for details).

• Fee: 1.0% p.a. commitment fee on the unutilised portion of overdraft and revolving credit facilities.

• Minimum size of funding: RM50,000 per customer.

• Maximum size of funding: RM3.0 million per customer (Inclusive of previous approval by CGC, if any).

• Tenure of facility: Up to 3 years (from the date of first drawdown from BNM).

• Not to be used for:
a) Refinancing of existing credit facilities.
b) Purchase of shares.
c) Purchase of land and properties for investment purposes.

Eligibility:
• Malaysian-owned company (minimum ownership of 51%) with shareholders’ funds of not exceeding RM10.0 million.

• Sole Proprietorship.

• Partnership.

• Private Limited Companies.

• All projects that are viable in manufacturing sector (export and non-export) and services sector (refer to attach list).

Requirements
• Letter of application for the facility stating
a. Type and loan amount required
b. Purpose of loan
c. Tenure

• Certified true copy of Business Registration (Form A/B)
• Certified true copy of Form 24/44/49
• Memorandum and Article of Association
• Audited accounts for the last 3 years and the latest management account.
• Brief history and background of the company or Company Profile
• List of borrowings including leasing and hire purchase facilities
(State name of financial institutions, type of facilities, limit, balance outstanding and repayment terms and security offered)
• Latest six months' bank statement
• Feasibility study report / project write-up*
• Projected cash flow with assumptions / profit and loss account*
• Valuation Report of property*
• Sale & Purchase Agreement*
• Photocopy of contracts / Letter of Intent*
• Description and particulars of property to be charged*
• List of suppliers and customers
• Types of products produced by the company
• 6 months bank statement
• List of completed and current projects
• Photocopy of Title Deeds*
• Photocopy of Directors & Guarantor’s IC
• Any other relevant information
Note: * (If applicable)

Terms and Conditions
Collaterals may range from AmBank Fixed Deposits to landed properties such as land, shophouses, factories, etc.

Loan limit is dependent upon the size of your business, your actual business requirements, purpose of the facility as well as the financial standing and repayment capability.

Loans are subject to lending guidelines of AmBank.

No.	List of eligible service sectors for FSMI 2
1	Accounting, auditing and book-keeping services
2	Advertising services
3	Bakery
4	Budget hotel/motel/chalet/holiday resort (working capital / refurbishment only)
5	Building cleaning
6	Cafeteria/canteen/food catering/restaurant
7	Cleaning services
8	Computer supply and services
9	Consultancy, admin & operation of port & shipping
10	Contractors – civil, mechanical, electrical, telecommunications (infrastructure)
11	Contractors – supply
12	Courier services
13	Cyber-café
14	Data processing and tabulating services
15	Education services/tuition centre
16	Electrical shop
17	Film broadcasting industry
18	Graphic design
19	Laundry & dry cleaning
20	Legal services
21	Machinery and equipment rental
22	Manpower supply/employment agency
23	Marine services
24	Medical & dental services/private clinics
25	Nursery
26	Petrol station
27	Photo shop (studio, film processing)
28	Printing
29	Research & scientific institute
30	Security services
31	Ship servicing & repairing
32	Storage and warehousing
33	Supply of educational material
34	Supply of part & equipment for oil and gas
35	Training centre – computer based
36	Training centre – technical in computer skills
37	Transportation – materials
38	Travel & tourism agency
39	Veterinary services
40	Workshop – repair of vehicles/tyre shop and services
41	Trading and wholesaling activities

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