PUNB cuts Prosper Grow financing rate to 3.5% to support Bumiputera entrepreneurs


Perbadanan Usahawan Nasional Bhd chief executive officer Izwan Zainuddin.

KUALA LUMPUR: Perbadanan Usahawan Nasional Bhd (PUNB) has reduced the financing profit rate under its PROSPER GROW scheme to 3.5 per cent per annum from between 5.0 and 6.75 per cent previously to help Bumiputera entrepreneurs cope with rising operating costs. 

The revised rate is effective for all financing approvals from Jan 1, 2026 onwards, including existing recipients approved this year.

In a statement today, PUNB said the move is expected to benefit Bumiputera entrepreneurs, particularly those requiring financing of between RM100,000 and RM1 million to expand their businesses and sustain operations amid rising input costs, logistics expenses and ongoing global supply chain disruptions.

PUNB chief executive officer Izwan Zainuddin said the adjustment reflects a much needed and timely intervention to ensure Bumiputera enterprises remain competitive in a challenging economic environment.

"In an uncertain global economy, cost pressures are a reality that must be managed proactively, and reducing the rate to 3.5 per cent is more than just a financial incentive as it is a vital step towards ensuring Bumiputera entrepreneurs remain resilient, competitive and capable of long-term growth,” he said. 

He added that the initiative aligns with Prime Minister Datuk Seri Anwar Ibrahim’s call to ensure entrepreneurs remain resilient amid global economic uncertainty, as well as the government’s broader agenda to strengthen an inclusive and sustainable Bumiputera entrepreneurship ecosystem under the MADANI framework.

At the same time, the move aligns with PUNB’s R30 Strategic Plan for 2026-2030, which focuses on reinforcing, scaling and sustaining Bumiputera entrepreneurship development.

PUNB said it now offers three primary financing schemes tailored to different stages of business growth, namely Prosper Grow, Prosper Great and Prosper Impact/Nova.

Prosper Grow supports the retail, distribution and manufacturing sectors with financing of up to RM1 million for Sdn Bhd companies and RM500,000 for sole proprietorships or partnerships, while Prosper Great offers up to RM10 million for high-potential Bumiputera companies in strategic sectors such as green technology and renewable energy.

Meanwhile, Prosper Impact/Nova provides financing of up to RM20 million for large-scale projects and contracts, including government procurement and strategic partnerships. 

Entrepreneurs interested in these financing schemes can obtain more information on PUNB’s official website. - Bernama 

 

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
PUNB , PROSPER GROW , Bumiputera , Izwan Zainuddin

Next In Business News

PBAPP to invest nearly RM2.9bil for 12 water supply projects in Penang
Outlook for MSMEs remains resilient despite weaker 1H 2026 Sentiment Index - SME Bank
ACE Market-bound RNG Tech eyes RM16.4mil from IPO to drive expansion
Malaysia's total trade hits RM3.1 trillion in 2025, Penang tops exports
Asean+3 1Q 2026 fiscal position remains resilient amid Middle East conflict - AMRO
Strait of Hormuz transit will take ‘weeks’ to resume, largest tanker operator tells FT
Australia central bank holds rates, warns hikes might not be over
LAC Med secures RM78.9mil supply contract to public hospitals in Kedah
FBM KLCI rises above 1,700 as rally resumes
Elsa to grow digital technology, robotics, engineering segments after positive ACE Market debut

Others Also Read