To provide financial assistance as well as encouraging bumiputeras to venture into the franchising business; including those from the public sector, private sector, and early retirees or even those who have taken the Voluntary Severance Scheme (VSS).

• Applicants must be individual owner-operators, aged 21 years and above;
• The entrepreneur must have a good credit record, subject to PERNAS’ credit assessment criteria
• Preference will be given to applicants with a minimum qualification of Diploma or equivalent;
• The franchisor or master franchisee selected must be registered with the Registrar of Franchise (ROF);
• The business must be 100% Bumiputera-owned and Shariah-compliant;
• Applicants must have obtained a Letter of Offer or Franchise Agreement from the franchisor or master franchisee;
• Private Limited Companies (Sdn. Bhd.) are eligible to apply for financing exceeding RM250,000;
• Sole Proprietorships and Limited Liability Partnership are eligible for financing up to RM250,000 only; and
• Cooperative bodies are required to be incorporated as a private limited company (Sdn. Bhd.) and must obtain franchise rights from the franchisor prior to submitting a financing application.

This scheme provides financial assistance to franchisees looking to grow their business in Malaysia. For master franchisees, the right to hold the franchise must first be obtained from the franchisor.

• Processing Fee: 0.5% of approved limit
• Legal Fee and Stamp Duty: 3.0% of approved limit (subject to variation and amendment)
• Training Fee: RM300
• Wakalah Fee: RM50 for every RM1million financing limit
• Takaful Protection: General and credit
• Not Inclusive 8% SST
• Subject to terms and conditions