Home » Financing » Special Fund & Scheme » Contract Financing Scheme
 
The Financing

1 Purpose of financing
 

To part finance working capital requirements.


2 Type of Financing
 

Revolving Credit, Fixed Working Capital, Advance Loan, Term Loan, Letter of Credit, Bank Guarantee and Credit Line


3 Margin of Financing
 

75-80% of contract value


4 Tenure of Loan
 

Based on the terms of the contract or until the final payment received with maximum 10 years, whichever comes first.


5 Lending Rate
 

Cost of Fund (COF) + Maximum 2.0%.

Effective Cost of Fund (ECOF) + Maximum 2.0% (commercial project)

   
6 Lending Rate
 

Either one or a combination of the followings:

 

Guarantee by shareholders/directors.

Bank Guarantee.

Mortgage on other assets.

Debentures on fixed and floating assets.

Assignment of contract proceeds / Insurance

   
7 Financing Amount
 

Minimum : RM10.0 million (for infrastructure projects)

Maximum : Up to Single Customer Limit (SCL)

   
Eligibility

1 The Applicant
 

Main contractor.

First layer Sub Contractor.

Mortgage on other assets.

Second layer Sub Contractor (if subsidiary company of the main contractor is involved).

Company that involves in supply, trading and commissioning (for supply).


2 The Contract Awarder
 

a)

Government & Government Link Corporation (GLC) Projects

 

Federal Government

Federal Government’s Concessionaires (Concession Holders)

State Government

   

b)

Commercial Projects

 

Companies with minimum RM60.0 million Shareholders’ Fund.

Other concessionaires.

   
3 The Types of Project
 

Infrastructure, maritime, oil & gas and high technology (including engineering & fabrication works) projects.


4 Tenure of Loan
 

Based on the terms of the contract or until the final payment received with maximum 10 years, whichever comes first.


5 Lending Rate
 

Cost of Fund (COF) + Maximum 2.0%.

Effective Cost of Fund (ECOF) + Maximum 2.0% (commercial project)

   
Enquiry

Business Development & Advisory- INFRASTRUCTURE,
Level 26, Menara Bank Pembangunan (BPMB),
Bandar Wawasan , No.1016 Jalan Sultan Ismail,
P.O. Box 10788, 50724 Kuala Lumpur

Contact No. : 2611 3886 / 3317 / 3947