Business Financing
PROSPER GROW AUTO BIZ
Explore financing options tailored for new applicants to kickstart or expand their business with PUNB. Learn about eligibility, application requirements, and how PUNB supports entrepreneurs in achieving their goals.
PROSPER GROW BIZ EXPRESS
A financing facility for service centres appointed as exclusive distributors by PUNB’s Authorised Partners for lubricant products as well as other products or services accepted by PUNB.
Financing Amount
- Minimum RM100 thousand up to a maximum of RM1 million
Financing Tenure
- Up to 7 years
Profit Rate
- 3.5% per annum
(subject to the purpose of financing)
Eligibility Criteria
- Registered Bumiputera Business / Company – Sole Proprietorship / Partnership / LLP or Private Limited Company
- Applicable for new and existing service centres
- Must hold a valid dealer / distributor appointment from PUNB’s accepted Authorised Partners
- Business activities must be Shariah-compliant
Financing Scope
- General working capital
- Purchase of fixed assets including renovation works
- Financing-related costs
Financing Margin
- Up to 100% of suppliers’ invoice / quotation amount
How To Apply
- Financing application is through PUNB Online.
