SME Bank Business Accelerator Program

An SME financing program for aspiring entrepreneurs to meet their working capital requirements and fixed asset purchase.

SME Bank Business Accelerator Program
Up to 7 years
Profit Rate
from 4% p.a.
Financing type
Unsecured islamic financing
Profit Type
Flat profit rate

Profit rates

How much the bank charges you based on your financing amount & financing period

Financing ValueFinancing periodAnnual Sales TurnoverProfit Rate
RM50,000 - RM1,000,00012 to 84 monthsmin. RM300,0004% p.a.

Fees & Charges

Profit Rate / APR
As low as 4% p.a. depending on financing amount and period
Stamp Duty
Late Penalty Fee
 1%  from current outstanding amount


Minimum Annual sales turnover
Minimum Company Age
0.5 year
Malaysian Ownership
Who can apply
  • Malaysian Registered Companies. And with qualifying rating of SCORE 2 or higher
  • Micro Enterprise,SME

More Information

What is SME Bank Business Accelerator Program about?

The Business Accelerator Program is a financial assistance program by SME Bank, in collaboration with SME Corp, to support the growth of the SME industry. 

This business term loan is catered to the up-and-coming micro and small enterprises to strengthen their core businesses.

What can I get from SME Bank Business Accelerator Program?

The Business Accelerator Program offers financing from a minimum of RM50,000 to a maximum of RM1,000,000 at a flat profit rate. 

This business term loan can be used to finance working capital and fixed asset purchase. 

If you want to finance your working capital needs, you can repay the facility in monthly instalments for up to 7 years, whereas a maximum of 10 years is capped for the purchase of assets.

Who can apply for this business loan and what are the terms and conditions?

Since this business term loan is part of a financial assistance program, you are bound to meet the requirements as set out by the bank such as follows:

  • Applicants must be small and medium entrepreneurs.
  • Your company or business has a qualifying rating of SCORE 2 or higher.
  • Your company must be at least 60% owned by a Malaysian during the period of financing.
  • Your company or business has operated for at least 6 months.
  • You must be a full-time business operator.

It is important that your company must be solvent at the time of this business loan application. 

Therefore, you will also need to provide proof of your latest 3-year audited account (for sole proprietor/partnership, the latest management account is acceptable).

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