RHB BizPower Relief Financing offers working capital that alleviates short-term cash flow problems encountered by SMEs which have been adversely affected by the current pandemic.
Finance rate from 5.00% to 7.20% p.a. |
No guarantee fee (absorbed by RHB). |
Maximum 7 years financing tenure (inclusive of 6 months moratorium on principal and interest/profit; interest/profit will be accrued and not compounded). |
Finance amount of up to RM1.0 million. |
Up to 80% of the financing amount will be covered by Syarikat Jaminan Pembiayaan Perniagaan (SJPP). |
1SME definition by SME Corp, where at least 51% of shares are held by Malaysians.
2SME which qualify as per SME definition and have been approved by the National SME Development Council (NSDC) which outlines the criteria for businesses to qualify for financial assistance.
Apply nowOnly Deposit products are protected by PIDM up to RM250,000 for each depositor. Click here for PIDM’s DIS brochure.