Overseas Project / Contract Financing
Overseas Project / Contract Financing facility is available to Malaysian owned and controlled companies. The facility provides financial support to Malaysian investors/contractors undertaking project overseas such as infrastructure, manufacturing and other development projects.
|Facility||Project Financing||Contract Financing|
|Purpose||To finance the development, upgrading or expansion of infrastructural facilities, plant and building and fixed assets purchases, such as machinery equipment||To finance working capital and bonds requirements for the undertaking of overseas contracts|
|Margin of Financing||Up to a maximum of 85% of Project Cost or Contract Value||Up to maximum of 85% of Contract Value|
|Eligibility||Malaysian suppliers / contractors|
|Tenor||Up to a maximum of 10 years inclusive of grace period not exceeding 2 years||Up to a maximum of 10 years|
|Interest Rate/ Profit Rate||Cost of fund plus spread|
|Currency||US Dollar or other acceptable currencies|
|Repayment||Monthly - quarterly - half yearly from cash flow||Against contract proceeds: Bullet and/or progressive repayments|
|Disbursement||Direct to the suppliers / contractors||
|Security||Any or not limited to the following:
||Any or not limited to the following:
*All customers may require to take-up the insurance/takaful as a condition of the facility offered, where applicable.