Bumiputera Export Promotion Programme (GEB)

Basic Terms

1. Own a private limited (Sdn. Bhd.) company with 100% company equity
2. Meet the SME definition as follows:

• Manufacturing sector

1. Annual sales of less than RM50 million OR less than 200 full-time employees

• Services Sector and others

1. Annual sales of less than RM20 million OR less than 75 full-time employees
2. Have been operating the business for at least three (3) years
3. Operate in a valid business premise
4. Obtain a SCORE rating of 3-star and above
5. Obtain a required certificate / certification for export business transactions
6. Products / services are made in Malaysia (at least 40% local content)
7. Aged 21-60 years for all Board Members
8. A satisfactory company credit status based on the CCRIS / RAM / CTOS reports
9. Engaged in a syariah compliance business

• Revolving/working capital
• Purchase of machinery and equipment
• Installation & ICT Adoption
• Renovation of premises / factories
• Overseas promotion and advertising

RM2,500,000.00

10 years @ 120 months

• Guarantee
  One or more guarantors with a monthly fixed income of not less than 3% of the total financing applied

Or

• Collateral
  Land collateral with Forced Sale Value of at least 10% of the financing applied

Or

• Fixed Deposits
  Islamic fixed deposit (General Investment Account) based on 10% of the financing value
  

Or

• Combination of all three
• Financing to private limited (Sdn. Bhd.) companies requires guarantee/ assurance of all the Board Members

2% (fixed rate)