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Business Financing-i
Term Financing-i
Bank Rakyat plays a strategic role to partnering various companies and sectors in the country. With our robust financial profile, sound liquidity position and balance risk management policy, Bank Rakyat offers various Shariah compliant financing facilities to companies, SME, co-operatives, enterprises, and Bumiputera entrepreneurs who are looking for Islamic funding for projects, business expansion, and purchase of property and land.
Eligibility
All business entities such as private limited companies and co-operatives.
Concept
Bai’Inah
Purpose
To finance contract awarded by the government, or established public listed companies.
Margin
Up to 80% of working capital requirement
Tenure
Minimum: 12 months up to maximum 2 years.
Additional Documents Required
Contract Financing-i
- Letter of award.
- Contract performance bond/bank guarantee/insurance.
- Contract cash flow
- Contract profit & loss projection.
- Contract work schedule.
- Contract payment procedure.
* Terms and conditions apply
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