Objective
To provide financial assistance to franchisors for expanding their businesses within Malaysia and into international markets.
Criteria
- The business must be a Sdn. Bhd. entity;
- Must have a defined concept and package;
- The business must own a valid trademark registered with MyIPO and demonstrate a clear plan to develop the brand into a registered franchise business, either through Pernas’ Franchise Development Programme (FDP) or an appointed franchise consultant;
- The business must be Malaysian-owned or Malaysian-controlled;
- The business must have been in operation for at least two (2) years, supported by two (2) years of audited financial statement;
- The business must demonstrate a profitable operating track record, with positive shareholders’ funds as reflected in the latest audited financial statements; and
- The business must be Shariah-compliant.
Financing Structure
Financing Mode
Islamic Financing Scheme (Tawarruq Concept)
Financing Margin
Subject to a gearing ratio of not more than 4times
Financing Size
Up to RM2 Million
Financing Terms
Profit Rate
BFR + Up to 5% (reducing balance)
Cash Collateral
Minimum cash collateral of 10% of the approved financing amount
Financing Tenure
Up to 10 years
Apply Now
Applications can be made by clicking the link below: