Journal Content Journal Content


  1. Express Contract Financing Scheme  (SPiKE)
  • SPiKE  is open to contractors in the following areas:
  • Building Contractors Grade G1, G2, G3, G4 and G5
  • Supply Contractors
  • Service Contractors
  • Electrical Contractors

Approval and withdrawals take  THREE (3) days from the date a  completed application is received.

Applicant Eligibility: -

  • A Bumiputera aged 18 years and above
  • Experienced / knowledgable in the intended field of business
  • Engaged in business on a full-time basis
  • Registered with the PKK, CIDB and the Ministry of Finance (whichever is relevant)

Funding Limit:


Project Awarding Body:

  • Government  agency  and GLC
  • Government-Linked Company (GLC) and Public Listed Company

Collateral  / Guarantee :

Financing amount of RM250,000.00  and below: Exempted

Financing amount between RM250,001.00  and  RM1,000,000.00 :-

  • Guarantee: Monthly fixed income must be no less than 3% of total financing amount
  • Land Collateral : The Forced Sale Value of Land  must be at least 10% of total  financing amount

Profit Rate

  • 6% per annum

Pages: 1  2  3  4  5  6  7