PERNAS FINANCING ASSISTANCE

Nu Vending Business Opportunity

Eligible Bumiputera entrepreneurs may apply for PERNAS financing assistance to support the establishment or expansion of a franchise, pre-franchise or licensing business.

1. Financing Highlights

Under the PERNAS Franchisee Financing Scheme:

• Financing of up to 70% of the total project cost

• Financing amount from RM50,000 up to RM2 million

• Financing tenure of 5–7 years, subject to the applicable agreement

• Profit rate: 8.00% per annum, calculated on reducing balance

• Islamic financing based on the Tawarruq concept

• Business must be 100% Bumiputera-owned and Shariah-compliant.

2. Initial Requirements

To proceed with a PERNAS application:

1. Applicant must be a Bumiputera and fulfil the applicable PERNAS eligibility requirements.

2. A 20% payment is required to Nu Vending.

3. A relevant Purchase Order (PO) must be signed.

4. The PO for the PERNAS application is based on RM60,888.00 (minimum amount).

3. Application Procedure

Step 1 – Discussion & Package Selection
Discuss the proposed Nu Vending business package and determine the suitable option.

Step 2 – PO & Initial Payment
Sign the Purchase Order and make the required 20% payment.

Step 3 – Application Submission
The required applicant information and supporting documents will be submitted for the PERNAS application.

Step 4 – PERNAS Assessment
The application will be forwarded to PERNAS for assessment and further processing.

Step 5 – Direct Contact by PERNAS
PERNAS will contact the applicant directly regarding the application and subsequent process.

Important: Submission of an application does not guarantee approval. Approval is subject to PERNAS's assessment and applicable eligibility requirements.

4. Cancellation & Package Change Conditions

PERNAS Application Status

Customer Decision

Administrative Charge

Approved / Application in Process

Cancel purchase

RM2,000

Application Rejected

Cancel purchase

RM500

Application Rejected

Change to another package

No administrative charge

Any cancellation or package change is subject to the applicable company process and terms. Refunds, where applicable, will also be subject to the Company's refund terms.

Important Reminder

PERNAS financing is subject to eligibility, assessment and approval by PERNAS. Applicants should refer to PERNAS for the final financing decision, terms and requirements.