ANNOUNCEMENT

Financing Facility to assist Malaysian SMEs

1

Low Carbon Transition Facility (LCTF)

Objective

To encourage and catalyse SMEs to transition to low carbon operations by adopting sustainability practices for business resilience

Eligibility criteria

SMEs1 in all sectors pursuing efforts to transform their operations into more sustainable and low carbon business practices

Purpose of financing 

To fund capital expenditure2 or working capital to initiate or facilitate the transition to low carbon and sustainable operation

Tenure 

Up to 10 years 

Financing size per SME

Up to RM10 million

Financing rate to SMEs 

The maximum effective financing rate is up to 5.0% per annum, inclusive of guarantee fee (if any)

Guarantee coverage

80% of financing amount by Syarikat Jaminan Pembiayaan Perniagaan (SJPP), no other collaterals required

Type of facility

Term Loan / Commodity Murabahah Term Financing-i

Availability

3 February 2022 until full utilisation (whichever is earlier)

¹At least 51% of shares are held by Malaysians and as defined by SME Corp. Malaysia’s Guideline for SME Definition, accessible at www.smecorp.gov.my/images/pdf/2021/Guideline_on_SMEDefinition_Updated_Sept2020_Final.pdf
²Excluding the purchase of land. Purchase of non-residential building for business use is allowed subject to the same requirements and safeguards under BRF
Note: All applications are subjected to the Bank’s final decision.
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2

Business Recapitalisation Facility (BRF)

Objective

Improve the capital structure of SMEs particularly those who wish to undertake capital expenditure so that the SME should have a more manageable debt-to-equity (D/E) after tapping BRF

Eligibility criteria

SMEs1 from all sectors provided they do not have any impaired loans/financing as at 31 December 20192

Purpose of financing 

Working capital and/or capital expenditure including purchase of non-residential building for business use3

Tenure 

Up to 10 years 

Financing size per SME

  • Up to RM5 million
  • The maximum aggregate financing amount of RM5 million per SME under the BNM’s Fund for SMEs does not apply to the BRF

Financing rate to SMEs

The effective financing rate is up to 5% per annum inclusive guarantee fee

Guarantee coverage

Guarantee coverage can be provided from Credit Guarantee Corporation Malaysia Berhad (CGC) / Syarikat Jaminan Pembiayaan Perniagaan (SJPP) once available

Type of facility 

Term Loan / Commodity Murabahah Term Financing-i

Availability

3 February 2022 until full utilisation (whichever is earlier)

¹At least 51% of shares are held by Malaysians and as defined by SME Corp. Malaysia’s Guideline for SME Definition, accessible at www.smecorp.gov.my/images/pdf/2021/Guideline_on_SMEDefinition_Updated_Sept2020_Final.pdf
²The objective is to avoid financing going towards supporting ‘zombie’ firms
³Excluding the purchase of land. PFIs are obliged to conduct due diligence and put safeguards in ensuring the property purchased by clients is for business use rather than for investment or rental
Note: All applications are subjected to the Bank’s final decision.
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3

Disaster Relief Facility (DRF) 2022

Objective

To alleviate the financial burden of Malaysian SMEs (MSMEs) affected by floods and enable them to resume their business operations

Eligibility Criteria

SMEs¹ and micro enterprises affected by floods located in districts identified by Agensi Pengurusan Bencana Negara as flood disaster areas.

Purpose of Financing

  • Repairs and/or replacement of assets for business use (e.g. plants and machinery) which have been damaged by floods; and/or
  • Working capital

Note: Financing should not be used for refinancing of existing credit/financing facilities

Type of Financing

Applicable for Term Loan / Commodity Murabahah Term Financing-i ONLY.

Financing Size

  • Up to RM RM700,000 per SME
  • Up to RMRM150,000 per micro enterprise

Note: A collective financing limit is applicable for SMEs with common shareholder(s) of equal to or more than 20% shareholding

Financing Rate

3.50% p.a. inclusive of 0.5% guarantee fee (absorbed by RHB)

Financing Tenure

Maximum 7 years inclusive 6 months moratorium on principal & interest/profit; interest/profit is accrued, non-compounded)

Guarantee Cover

80% of financing amount by Credit Guarantee Corporation Malaysia Berhad (CGC), no other collateral required.

Available of Fund

Until full utilisation or subject to further decision by BNM

¹At least 51% shares held by Malaysians and as defined by SME Corp. Malaysia’s Guideline for SME Definition, accessible at https://www.smecorp.gov.my/images/pdf/2021/Guideline_on_SMEDefinition_Updated_Sept2020_Final.pdf
Note: All application is subject to Bank’s final decision
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4

High Tech Facility -  National Investment  Aspirations (HTF-NIA)

Objective

Support affected high tech and innovation-driven SME that are best aligned to strategic long term development goals embedded in the National Investment Aspirations (NIAs)1. This is critical to strengthen Malaysia’s competitive positioning in the global value chains, preserve the supply chain ecosystem and safeguard high-skilled jobs.

Eligibility Criteria

  1. Malaysia SMEs with at least 51% shares held by Malaysians.
  2. SME which qualify as per SME definition and entitlement by National SME Development Council (NSDC) which outlines the eligibility of who can qualify for financial assistance.
  3. Within Manufacturing and Services subsectors with high National Investment Aspirations (NIAs) scores:

    • Electrical and Electronics (E&E)
    • Chemicals (including pharmaceuticals and refined petroleum)
    • Optical Scientific Equipment and Medical Equipment
    • Machinery & Equipment (including Robotics, Drones, and Industry 4.0-related technologies)
    • Transport equipment (Aerospace; motor vehicles and parts manufacturers involved in global supply chains OR transitioning towards future mobility and green technology)
    • ICT
    • R&D services
    • Any other high-tech industries / sub-sectors deemed eligible by BNM
  4. SME project participants and high-tech start-ups in key Government programmes that are involved in innovation and commercialisation for range of critical technologies such as IR4.0-related technology, green technology, digital and biotechnology under national blueprints. These includes participants of the programmes led by the following agencies:

    • MDEC’s Global Acceleration and Innovation Network (GAIN)
    • MOSTI’s National Technology and Innovation Sandbox (NTIS) and R&D Fund
    • MARii’s technology partners involved in D&D solutions related to IR4.0 technologies
    • MIDA’s Domestic Investment Strategic Fund recipients (R&D activities/ licensing/purchasing of new technologies)
    • MIDA’s i-services providers list in R&D, engineering, green technology services, system integration and ICT services
    • Cradle Investment & Grant Programmes²
    • MAVCAP Programmes²
    • MaGIC Programmes²
    • Malaysian Technology Development Corporation (MTDC) programmes²
    • Bioeconomy Corp. (Bionexus Status companies & Bioeconomy Transformation Programmes)
    • Collaborative Research in Engineering, Science and Technology (CREST) (Participants of R&D Open, Targeted and Prototype Development grants and Cluster Programme)
    • Malaysian Green Technology Corporation (MGTC)- companies with green certification and eligible applicants of Green Technology Financing Scheme (GTFS) 1.0 and 2.0
  5. Recipients of Special Relief Facility (SRF), PENJANA SME Financing (PSF), PENJANA Tourism Financing (PTF) and Targeted Relief and Recovery Facility (TRRF) are eligible for the HTF-NIA, for the purpose of financing capital expenditure only

 

Type of Financing

Commodity Murabahah Term Financing-i (CMTF-i) / Term Loan (TL)

Max Financing Amount per SME

  • Up to RM1 Million for working capital; OR
  • Up to RM5 Million for CAPEX or a combination of working capital and CAPEX

Financing Rate

  • 3.5% p.a. inclusive of 1% guarantee fee (absorbed by RHB)

Financing Tenure

Up to 7 years

Guarantee Cover

Up to 80% of financing amount by Syarikat Jaminan Pembiayaan Perniagaan (SJPP), no other collaterals required.

Available of Fund

Until 30 June 2022 or full utilization (whichever is earlier)


¹refer to overarching strategic developmental objectives to increase economic complexity, create high-value jobs, extend domestic industry linkages as well as develop new and existing clusters
² Late-stage tech-start-ups and SMEs under Government programmes that are developing critical technologies and commercially ready to graduate to bank-based financing.
Note: All applications are subjected to the Bank’s final decision.

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5

Targeted Relief and Recovery Facility (TRRF)

RHB is a participating bank for Targeted Relief and Recovery Facility (TRRF) with a total allocation of up to RM8 billion. Our main objective is to provide relief and support recovery for SMEs in the services sector affected by the reintroduction of COVID-19 containment measures, except tourism and tourism-related subsectors

Eligibility Criteria

  • Malaysia SME with at least 51% shares held by Malaysians
  • SME which qualify as per SME definition and entitlement by National SME Development Council (NSDC) which outlines the eligibility of who can qualify for financial assistance.
  • SMEs in Services Sectors affected by reintroduction of COVID-19 containment measures since June 2020
    (except for tourism and tourism-related subsectors) such as:

    • Personal services (e.g. repair of computers / household goods, laundry, hairdressing, beauty)
    • Food and Beverage service activities
    • Human Health and Social Work activities
    • Arts, Entertainment and Recreation
    • Wholesale and Retail Trade
    • Business Services (e.g. Professional, Scientific and Technical Activities; Administrative and Support Service Activities)
  • Recipients of Special Relief Facility (SRF) and PENJANA SME Financing (PSF) are eligible for the TRRF up to the aggregate limit of RM500,000 per SME.
  • Recipients of the PENJANA Tourism Financing shall not be eligible for the TRRF.

Purpose of financing

  • Working capital; and/or
  • Refinancing of up to 30% of total financing approved

    Note: 30% of financing approved can be used to refinance existing business financing (existing business financing excludes financing obtained under BNM’s Fund for SMEs)

Tenure

Up to 7 years, including 6 months moratorium on repayments

Financing size per SME

  • SME: Up to RM500,000
  • Microenterprise: Up to RM75,000

    Note: A collective financing limit is applicable for SMEs with common shareholder(s) of equal to or more than 20% shareholding

Financing rate

3.5% p.a. inclusive of 0.5% guarantee fee (absorbed by RHB)

Guarantee Cover

80% of financing amount by Credit Guarantee Corporation Malaysia Berhad (CGC) or Syarikat Jaminan Pembiayaan Perniagaan (SJPP), no other collaterals required

Type of facility

Term Loan / Commodity Murabahah Term Financing-i

Availability

Until 30 June 2022 or full utilisation (whichever is earlier)

Eligibility Criteria

  • Malaysia SMEs with at least 51% shares held by Malaysians
  • SME which qualify as per SME definition and entitlement by National SME Development Council (NSDC) which outlines the eligibility of who can qualify for financial assistance.
  • SMEs in Services Sectors affected by reintroduction of COVID-19 containment measures since June 2020 (except for tourism and tourism-related subsectors) such as:

    • Personal services (e.g. repair of computers / household goods, laundry, hairdressing, beauty)
    • Food and Beverage service activities
    • Human Health and Social Work activities
    • Arts, Entertainment and Recreation
    • Wholesale and Retail Trade
    • Business services (e.g. Professional, Scientific and Technical Activities; Administrative and Support Service Activities)
  • Recipients of Special Relief Facility (SRF) and PENJANA SME Financing (PSF) are eligible for the TRRF up to the aggregate limit of RM500,000 per SME.
  • Recipients of the PENJANA Tourism Financing shall not be eligible for the TRRF.

Purpose of financing

  • Working capital; and/or
  • Refinancing of up to 30% of total financing approved

Tenure

Up to 7 years, including 6 months moratorium on repayments

Financing size per SME

  • SME: Up to RM500,000
  • Microenterprise: Up to RM75,000

    Note:A collective financing limit is applicable for SMEs with common shareholder(s) of equal to or more than 20% shareholding

Financing rate

3.5% p.a. inclusive of 0.5% guarantee fee (absorbed by RHB)

Guarantee Cover

80% of financing amount by Credit Guarantee Corporation Malaysia Berhad (CGC) or Syarikat Jaminan Pembiayaan Perniagaan (SJPP), no other collaterals required

Type of facility

Term Loan / Commodity Murabahah Term Financing-i

Availability

Until 30 June 2022 or full utilisation (whichever is earlier)
Note: All applications are subjected to the Bank’s final decision
Drop us your details below
and we’ll be in touch!
Submit Details Here
6

PENJANA Tourism Financing (PTF)

RHB is a participating bank for PENJANA Tourism Financing with a total allocation of up to RM50 million.

 

PENJANA Tourism Financing (PTF)

Objective

To support SMEs in the tourism sectors by preserving their capacity and assisting them to undertake the necessary investments to adjust and remain viable post-COVID-19

Eligibility Criteria

  • Malaysian SMEs¹ in the core tourism and tourism-related sectors which are either:
    • SMEs as defined by SME Corp Malaysia²; OR
    • Licensed by/registered with MOTAC.
  • The eligible sectors are as follows:
    • Core tourism:
      • Tourism accommodation premises (e.g. budget hotels, registered homestays, chalet and resorts);
      • Travel agencies & tour operators; and
      • Transportation for tourists (e.g. bus, boat and car rental operators)
    • Tourism-related sectors:
      • Medical tourism;
      • MICE (Meetings, Incentives, Conference, Exhibitions) ecosystem;
      • Money service businesses³ (MSB);
      • Capacity building institutions which are primarily set up to provide tourism related courses/training, and licensed by or registered with MOTAC (e.g. Institut Latihan Pelancongan); and
      • Tourism-related retail, recreation and wellness that can justify significant reliance on tourists

Purpose of Financing

  • Working capital; and/or
  • Capital expenditure; and/or
  • Refinancing of up to 50% of total financing approved

    Note: 50% of financing approved can be used to refinance existing business financing (existing business financing excludes financing obtained under BNM’s Fund for SMEs)

Commodity Murabahah Term Financing-i

Term Financing Only

Financing size

  • SME: Up to RM500,000 per SME
  • Microenterprise: Up to RM75,000 per micro enterprise
  • Note: A collective financing limit is applicable for SMEs with common shareholder(s) of equal to or more than 20% shareholding.

Financing Rate

3.5% p.a. inclusive of 0.5% guarantee fee (absorbed by RHB)

Financing Tenure

Maximum 7 years (inclusive of 6 months moratorium on principal and interest/profit; interest/profit is accrued, non-compounded)

Fees

No Legal Fees

Available of Fund

Until full utilisation of the Facility

PENJANA Tourism Financing (PTF)

Objective

To help alleviate the short-term cash flow problems faced by SMEs1 due to COVID‑19 and MCO

Eligibility Criteria

  • Malaysian SMEs¹ in the core tourism and tourism-related sectors which are either:
    • SMEs as defined by SME Corp Malaysia²; OR
    • Licensed by/registered with MOTAC.
  • The eligible sectors are as follows:
    • Core tourism:
      • Tourism accommodation premises (e.g. budget hotels, registered homestays, chalet and resorts);
      • Travel agencies & tour operators; and
      • Transportation for tourists (e.g. bus, boat and car rental operators)
    • Tourism-related sectors:
      • Medical tourism;
      • MICE (Meetings, Incentives, Conference, Exhibitions) ecosystem;
      • Money service businesses³ (MSB);
      • Capacity building institutions which are primarily set up to provide tourism related courses/training, and licensed by or registered with MOTAC (e.g. Institut Latihan Pelancongan); and
      • Tourism-related retail, recreation and wellness that can justify significant reliance on tourists

Type of Financing

Commodity Murabahah Term Financing-i

Financing Size

  • SME: Up to RM500,000 per SME
  • Microenterprise: Up to RM75,000 per micro enterprise
  • Note: A collective financing limit is applicable for SMEs with common shareholder(s) of equal to or more than 20% shareholding.

Financing Rate

3.5% p.a. inclusive of 1% guarantee fee (absorbed by RHB)

Financing Tenure

Maximum 7 years (inclusive of 6 months moratorium on principal and interest/profit; interest/profit is accrued, non-compounded)

Fees

No Legal Fees

Available of Fund

Until full utilisation of Facility
¹At least 51% shares held by Malaysians
²As defined by SME Corp. Malaysia’s Guideline for SME Definition, accessible at https://www.smecorp.gov.my/images/pdf/2021/Guideline_on_SMEDefinition_Updated_Sept2020_Final.pdf
³Applicable for money changing operators only
Note: All applications are subjected to the Bank’s final decision.
Drop us your details below
and we’ll be in touch!
Submit Details Here
7

RHB BizPower/-i Relief Financing

Designed to help you to restore your business and get it back on track.

Objective

Alleviate short-term cash flow problems faced by SMEs adversely affected by the COVID-19 outbreak

Eligibility

Malaysian SMEs1,2 adversely affected by COVID-19 with at least 51% shares held under Malaysians

Purpose of Financing

Working capital

Financing rate

From 4.75% p.a to 6.45% p.a.

Financing amount

Up to RM1.0 million per SME

Guarantee Fee

There is no guarantee fee as it is absorbed by RHB

Guarantee Cover

Up to 80% of the financing amount by Syarikat Jaminan Pembiayaan Perniagaan (SJPP), no other collaterals required

Financing Tenure

Maximum 7 years (inclusive 6 months moratorium on principal only)
1SME definition by SME Corp, with at least 51% shares held by Malaysians.
2SME which qualify as per SME definition and have been entitled by the National SME Development Council (NSDC) which outlines the criteria for businesses to qualify for financial assistance.
Note: All applications are subjected to the Bank’s final decision.
Product Disclosure Sheet (PDS) for BPRF – AES
Product Disclosure Sheet (PDS) for BPRF – Prihatin

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