BSN Microplus: A Business Loan for Micro and Small Enterprises

The BSN Microplus loan is designed to help micro and small businesses access financing with competitive rates and flexible terms. Whether you need funds for equipment, machinery, or daily expenses, this loan offers the financial support you need.

Key Features:

• Loan Amount: RM50,000 to RM250,000
• Loan Tenure: 12 to 84 months
• Interest Rate: Starting at 8.45% p.a.
• Annual Sales Turnover: RM300,000 to RM50,000,000
• Late Penalty Fee: 1% of the current outstanding amount

Fees & Charges:

• Stamp Duty: RM10
• Processing Fee: None
• Early Termination Fee: None
• Legal and Disbursement Fee: None

Eligibility & Requirements:

• Minimum Annual Sales Turnover: RM300,000
• Maximum Annual Sales Turnover: RM50,000,000
• Minimum Company Age: 3 years
• Malaysian Ownership: 51% or more
• Who Can Apply: Malaysian-registered micro, small, or medium enterprises

How to Apply:

BSN Microplus is available to businesses that have been operating for at least 3 years and meet the SME criteria defined by the National SME Development Council.

What You Can Finance:

• Equipment and machinery purchases
• Business expansion
• Daily operational expenses

This loan provides flexible repayment options through various channels, including manual payments, bank transfers, or auto-debit facilities.