Your Federal Quarterly Tax Payments are due April 15th Get Help Now >>

Sample of Term Loan Cover Letter by xiu18921

VIEWS: 257 PAGES: 7

Sample of Term Loan Cover Letter document sample

More Info
									UG CONSULTANT SDN BHD
SMIDEC - GRANT
         Name of                             Type of                                                                                                                Cost
    Financial Institution     Item            Grant                                    Eligible Expenses                                  Grant / Loan Limit    of Borrowing    Processing

                               1     Matching Grant for        - Preparation of business planning
Small and Medium Industries          Business Start-ups        - Related Feasibility Studies
Development Corporation                                        - Rental of Incubators and business premises up to 24 months              Max RM40,000                          14 working
                                                               - Rental of equipment and machineries related to incubator rental
(SMIDEC)                                                                                                                                 (50% of the approved       0%         days
                                                               - Development of prototype
                                                               - A6Product sample and testing                                            project cost)



                               2
                                                               Improving & upgrading of existing products, product design
                                     Matching Grant for  and processes including:
                                     Product and Process - Technology Feasibility Studies
                                     Improvement         - Fees for technology transfer
                                                               - Development of prototypes and system design                             Max RM 500,000             0%         14 working
                                                               - Product testing
                                                                                                                                                                               days
                                                               - Product registration
                                                               - Marking and labelling
                                                               - Machine & equipment testing and calibration
                                                               - Development & designing of equipment and machinery
                                                               - Purchase of machinery and equipment
                                                               - Initial patent registration/patent search/IP Protection
                                                               - Specific Project Mission
                                                               - Cleaner Production and Waste Treatment Project including
                                                                 Energy Efficiency Audit
                               3     Matching Grant for
                                     Enhancing Product         Expenses incurred in acquiring and improving product packaging,           Max. RM 200,000            0%         14 working
                                     Packaging                 design and labelling such as:                                                                                   days
                                                               - Costs and services for designing, packaging, marking and labelling
                                                               - Trade mark and patent registration
                                                               - Purchase of related machinery and equipment




                               4     Grant for Rosettanet
Small and Medium Industries          Standard
Development Corporation              Implementation       - Cost / Fee for System Integration (System Integration is defined as
(SMIDEC)                                                       the implementation activities of interfacing the software, hardware and   Max. RM 100,000            0%         14 working
                                                               network components and it also covers the cost of customisation)                                                days
                                                               - Cost of acquiring Business to Business Software which complies to
                                                               RNIF I,I or higher
                                                               - Cost of related hardware and connection to Internet
                                                               - Registration fee to RosettaNet Malaysia Berhad
                                                               - First year subscription fees to ASP (for RosettaNet ASP Model only)
UG CONSULTANT SDN BHD
SMIDEC - GRANT
        Name of                          Type of                                                                                                          Cost
   Financial Institution   Item           Grant                                   Eligible Expenses                              Grant / Loan Limit   of Borrowing    Processing

                            5     Matching Grant for
                                  Certification and  Expenses incurred in obtaining certification and quality management
                                  Quality Management system such as:
                                  Systems            '- ISO 13485, ISO 14000, ISO 22000
                                                           - Product Certification
                                                           - Hazard Analysis Critical Control Point (HACCP)
                                                           - Halal Certification & MS 1500:2005
                                                           - TS 16949
                                                           - Quality Improvement Practice e.g 5S, Six Sigma and Productivity    Max. RM250,000            0%         14 working
                                                           Audit                                                                                                     days
                                                           - Good Manufacturing Practice (GMP)
                                                           - Occupational, safety and health management system (OSHA)
                                                           - Restriction of Hazardous Substance (RoHS)
                                                           - Good Agriculture Practice (GAP)
                                                           - Good Hygiene Practice (GHP)
                                                           - Regulatory Impact Assessment (RIA)
                                                           - British Retailer's Consortium (BRC)
                                                           - Factory Renovation for compliance to Certification Requirements
                                                           - Other related costs to comply to requirements of standards and
                                                           certification


                            6     Matching Grant for       Expenses incurred in developing and promoting halal product,
                                  Development and          including:
                                  Promotion of Halal       '- Product development & product formulation
                                                           - Sample testing
                                  Products                 - Acquisition of machinery and equipment related to the approved
                                                                                                                                Max. RM150,000            0%         14 working
                                                           project                                                                                                   days
                                                           - Renovation expenditure for compliance to Halal Certification
                                                           requirement
                                                           - Other related costs for compliance to requirements of Halal
                                                           Certification
                                                           - Promotional activities (marketing cost with Hypemarket and Media
                                                           advertising)
UG CONSULTANT SDN BHD
SMIDEC - LOAN


     Name of                        Type of                                                                                                                Cost of     Processing
Financial Institution   Item         Grant                                       Eligible Expenses                                      Loan Size         Borrowing      Period

Small and Medium         1     Soft Loan for
Industries                     SME
                                                  i) Project Financing:
Development
                                                     Covers the entire project cost items, including pre-operational expenses.
Corporation                                          Pre-operational expenses include:
(SMIDEC)                                             - Market survey and feasibility study                                          Min. RM50,000
                                                     - Professional fees for technical expertise
                                                     - Office set-up prior to production                                            Maximum:
                                                     - Staff salary
                                                     - Advertisement and promotion cost
                                                                                                                                    Project Financing -
                                                     - Production labour cost                                                       RM 5 mil.                         14 working
                                                     - Factory Overhead                                                                                    4% p.a.    days
                                                     - Raw Material costs for trial production                                      Fixed Assets
                                                                                                                                    Financing -
                                                  ii) Fixed Assets Financing
                                                      For the purchase of land and building, plant and machinery and office         RM2.5mil
                                                  equipment for:
                                                      - project start-up                                                            Working Capital
                                                      - existing ventures undergoing expansion, diversification or modernisation    Financing-RM1 mil
                                                      - relocation of projects

                                                  iii) Working Capital Financing
                                                      For the purchase of raw materials, components, inventory and labour costs.



                                                  i. Upgrading Engineering Design Capabilties:
                                                  - Purchase of design software (Computer Aided Design - CAD, Computer Aided
                                                  Manufacturing - CAM, Computer Aided Engineering -CAE) or subscription fee /
                                                  license fee for on-line engineering design services.
                                                  - Purchase of computer hardware and related equipment
                                                  - Training cost
                               Soft Loan                                                                                                                              14 working
                         2     Scheme for ICT ii. Purchase of ERP software or other similar software:                               Min. RM 20,000         3% p.a.    days
                                              - Purchase of ERP software or first year subscription to on-line ERP system, or
                               Adoption                                                                                             Max. RM 250,000
                                                  other similar software suchas Computer Integrated Manufacturing (CIM),
                                                  Enterprise Resource Management (ERM), Material Resource Planning (MRP),
                                                  Supply Chain Management (SCM), or Customer Relations Management (CRM).
                                                  - Purchase of other software for services sector such as Point of Sales System,
                                                  Tracking System, Automated Store Management System and Inventory
                                                  Management System.
                                                  - Implementation cost including system study, customisation and training
                                                  - Purchase of server and related networking equipment
UG CONSULTANT SDN BHD
CGC - LOAN
                                                                                                                               Cost of Borrowings

     Name of                    Financng                                                        Financing
Financial Institution Item      Scheme                       Type of Facilities                  Amount        Lending Rate     Guarantee Fee          Other Fees

                       1     Direct Access   - Term / Fixed Loan                             Min. RM 50,000 Between 1.00%     Between 0.75% to Processing
Credit Guarantee             Guarantee       - Overdraft                                     Max. RM 2 mil to 1.75% p.a       1.50% p.a.       Fee -RM300
Corporation (CGC)            Scheme          - Tradelines                                                   above the BLR
                             (DAGS)          - Any other credit facilities determined from                                                          Renewal
                             Small           time to time by the Corporation                                                                        Fee - RM150
                       2     Entrepreneur    - Term Loans
                             Guarantee       - Overdrafts                                    80% and 100% < BLR + 1.5%                                    Nil
                             Scheme (SEGS)                                                   for Bumiputera                   1.25% p.a. based
                                                                                             of the facility                  on guarantee cover
                       3     Franchise       - Term Loan
                             Financing       - Overdrafts                                    Max. RM 7.5 mil < BLR + 1.5%     Between 0.50% to            Nil
                             Scheme (FFS)    - Trade Financing                                                                1.00%
                                             - Any other credit facilities determined from
                                             time to time by the Corporation
                       4     Direct Access
                             Guarantee      - Term Financing                                                                                   Processing
                             Scheme Islamic - Overdrafts                                    Min. RM 50,000   BLR + 1% to      Between 0.75% to Fee -RM300
                             (DAGS-i)       - Tradelines                                    Max. RM 2 mil    1.75%            1.50% p.a.
                                            - Any other credit facilities determined by CGC                                                    Renewal
                                            from time to time                                                                                  Fee - RM150
                                            - Term Loan
                       5                    - Overdraft                                                                       Unsecured Portion -
                             New Principal  - Letter of Credit                                                                1.25%
                             Guarantee      - Trust Receipt                                 Up to RM10 mil   To be determined Secured Portion -           Nil
                             Scheme (NPGS) - Export Credit Refinancing (ECR)                                 by Lending       1.00%
                                            - Bills Purchased                                                Institutions
                                            - Bankers Acceptances
                                            - Shipping / Performance / Bank Guarantee
                                            - Hire Purchase
                                            - Leasing
UG CONSULTANT SDN BHD
CGC - LOAN
                                                                                                                           Cost of Borrowings

     Name of                    Financng                                                    Financing
Financial Institution Item      Scheme                      Type of Facilities               Amount       Lending Rate      Guarantee Fee       Other Fees
                                             - Term Loans -i
                       6     Islamic Banking - Overdraft -i                                                              Unsecured Portion -
                             Guarantee       - Letter of Credit -I                                                       1.25%
                             Scheme (IBGS) - Trust Receipt -I                            Up to RM10 mil To be determined Secured Portion -         Nil
                                             - Export Credit Refinancing (ECR) -I                       by Financial     1.00%
                                             - Bills Purchased -I                                       Institutions
                                             - Bankers Acceptances -I
                                             - Shipping / Bank Guarantee -I
                                             - Hire Purchase -I
                                             - Leasing -i
                       7     Flexi Guarantee - Expansion of productive capacity          Min. RM50,000
                             Scheme (FGS) - Working Capital; or both                     Max RM 5 mil  Max. 5% p.a.
                                             - Term Loan
                       8     Credit          - Overdraft
                             ENHANCER        - Letter of Credit
                             Scheme          - Trust Receipt                             Up to RM10 mil To be determined
                             (ENHANCER)      - Export Credit Refinancing (ECR)                          by Lending
                                             - Bills Purchased                                          Institutions
                                             - Bankers Acceptance
                                             - Shipping / Performance / Bank Guarantee
                                             - Hire Purchase
                                             - Leasing
UG CONSULTANT SDN BHD
MIDF - Loan

         Name of                                                                                                     Financing           Cost of
    Financial Institution   Item    Financng Scheme                           Eligible Items                          Amount            Borrowing


Malaysian Industrial         1     Fund for Small and Working capital and fixed assets for capacity expansion    Min. RM 50,000         5% p.a.
Development Finance Bhd            Medium Industries 2                                                           Max. RM 3 million   on monthly rest.
(MIDF)                             (FSMI2)

                             2     New Entrepreneurs Fixed assets and/or working capital                           Max RM 5 million      5% p.a
                                   Fund 2                                                                                            on monthly rest
                                   (NEF2)
                                                       - Fixed assets and/or working capital for expansion in
                             3     Rehabilitation Fund productive capacity.
                                   For Small and                                                                   Min. RM 50,000       4.5% p.a.
                                   Medium Industries - Up to 40% of the approved limit may be used for             Max. RM 5 million
                                   (RFSMI)             refinancing and restructuring existing non-performing loan.
                                   Bai' Bithaman Ajil
                             4     Fixed Asset         - Factory land, factory building and machinery /                              7.75% fixed p.a.
                                   Financing / MIDF    equipment and related fixed assets.                                           on monthly rest
                                   Fixed Asset
                                   Financing-i

                                   Murabahah Working Raw material purchases, inventories and receivables                             7.75% fixed p.a.
                             5     Capital Financing /                                                                               on monthly rest
                                   MIDF Working
                                   Capital Financing-i

                                   Al-Ijarah Thumma Al- Production machinery / equipment, construction
                             6     Bai' (AITAB) Facility machinery, transportation and handling machinery and
                                   / MIDF Industrial     medical / dental equipments, etc.
                                   Hire Purchase-i
                                                         Production machinery / equipment, construction
                             7     Al-Ijarah Facility /  machinery, transportation and handling machinery and
                                   MIDF Leasing-I        medical / dental equipments, etc.
UG CONSULTANT SDN BHD
SME BANK - Loan
                                                                                                          Cost of Borrowings
     Name of                                                                          Financing
Financial Institution   Item    Financng Scheme               Type of Facilities       Amount      Lending Rate     Processing Fee

SME BANK                       SME Start-Up       - Term Loan                      Up to RM10     Competitive      0.25% of
                                                  - Revolving Loan                 million        rates            approved loan
                         1                        - IHP / Leasing
                                                  - BG / Letter of Credit
                                                  - Loan Stock
                                                  - Term Loan
                                                  - Revolving Loan
                         2     SME Professional   - IHP / Leasing                  Up to RM10     Competitive      0.25% of
                                                  - BG/ Letter of Credit           million        rates            approved Loan
                                                  - Loan Stock
                                                  - Term Loan
                                                  - Revolving Loan
                         3     SME Franchise      - IHP / Leasing                  Up to RM10     Competitive      0.25% of
                                                  - BG / Letter of Credit          million        rates            approved Loan
                                                  - Loan Stock
                                                  - Term Loan
                                                  - Revolving Loan                 Up to RM50                       0.25% of
                         4     SME Procurement    - IHP / Leasing                  million        Competitive rates approved Loan
                                                  - BG / Letter of Credit
                                                  - Factoring
                                                  - Loan Stock
                                                  - Term Loan
                                                  - Revolving Loan                 Up to RM50     Competitive      0.25% of
                         5     SME Global         - IHP / Leasing                  million        rates            approved Loan
                                                  - BG / Letter of Credit
                                                  - Factoring
                                                  - Loan Stock

								
To top