PUNB Invests RM80mil To Help 220 Bumiputera Businesses Grow

Perbadanan Usahawan Nasional Bhd (PUNB) has allocated RM80 million through three enhanced financing programmes to help 220 Bumiputera entrepreneurs gain faster access to funding and improve their business cash flow.

The three programmes — Prosper Grow Biz Express, Prosper Grow Fuel Up and Prosper Grow Auto Biz — offer financing rates starting from 3.5% per annum on a flat-rate basis for selected financing products.

Perbadanan Usahawan Nasional Bhd (PUNB) chief executive officer Izwan Zainuddin.

Under Prosper Grow Biz Express, eligible entrepreneurs can apply for financing between RM100,000 and RM300,000, with funds potentially being released within 12 working days, subject to complete documentation and credit assessment.

The programme is open to sole proprietorships, partnerships and limited liability partnerships operating in the retail, distributive trade and manufacturing sectors.

PUNB Chief Executive Officer Izwan Zainuddin said timely access to financing is important for businesses looking to take advantage of growth opportunities and expand their operations.

He said entrepreneurs need not only sufficient financing but also a faster application process and repayment structures that match their business needs.

Meanwhile, Prosper Grow Fuel Up provides working capital financing of up to 100% for inventory purchases by Bumiputera petrol station operators. Financing ranges from RM100,000 to RM1 million, with repayment periods of up to seven years.

Prosper Grow Auto Biz, meanwhile, is designed for automotive service centres operating under strategic partners such as PETRONAS AutoExpert. The programme provides financing of between RM100,000 and RM1 million for fixed assets and working capital, also with repayment tenures of up to seven years.

PUNB also provides a principal repayment grace period of up to six months, subject to assessment. This allows entrepreneurs additional time to stabilise their businesses before beginning principal repayments.

Izwan said the programmes reflect PUNB’s broader role as a business development partner, rather than simply a financing provider.

The initiative is aimed at helping Bumiputera entrepreneurs build stronger, more resilient and competitive businesses while supporting the government’s Bumiputera economic development agenda and Ekonomi MADANI framework.

By improving access to capital, PUNB expects the programmes to encourage greater participation by Bumiputera businesses across key economic sectors and support their long-term growth.

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