Business Premises Financing (BPF)
Background
The program is specially designed to finance both new and existing customers for the purchase or refinance of completed or under construction commercial properties.
Benefits
- Attractive financing rate
- No processing fee for SMEs only
- No commitment fees on unutilized amount for Business Cash Line-i facility
- Rebate on the difference between ceiling rate and effective rate
Eligibility
All business entities
Types of Properties
Commercial properties (shop house, shop office) which are fully completed or under construction
Facilities offered
Margin of Financing
*Up to 150% of Open Market Value (OMV) or Sale & Purchase Agreement (whichever is lower) inclusive of Fire Takaful Insurance, MRTT, BRTT/ BLTT, Stamp Duty and Solicitor Fees
*Subject to the assessment and approval by the Bank
Financing Limit
Minimum of RM150,000
Financing Tenure
Up to 20 years
How to apply
