ANNOUNCEMENT

Financing Facility to assist Malaysian SMEs

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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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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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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High Tech & Green Facility (HTG)

Objective

Designed to help SMEs and innovative start-ups to grow their businesses and invest in strategic sectors and technologies fields (digital tech, green tech and biotech) for a sustainable and entrenched economic recovery.

Eligibility Criteria

Malaysian SMEs¹ involved in the following sectors:

	Manufacturing	Electrical and Electronics (E&E) Chemicals Refined petroleum Machinery & Equipment (M&E) Medical devices and pharmaceuticals Automotive and transport equipment (including aerospace; vehicle and parts manufacturers)
	Services	Information and Communication Technology (ICT) Research and Development
	(Sectors identified to be most aligned to the long-term strategic development goals for Malaysia under the National Investment Aspirations (NIAs))

Businesses (including commercially ready start-ups) involved in providing technology solutions
(Non-exhaustive list and PFIs are allowed to propose relevant technologies under the three key segments – Green technology, Digital and 4IR technology and Biotechnology)

Green Technology

Renewable energy & energy efficiency
Transportation - Clean transportation, electric vehicle, battery development
Natural resources
- Sustainable water and waste management
- Aquatic conservation and pollution prevention
Circular economy
- Reusing, recycling and remanufacturing
- Repurposing of stranded assets
Agritech
- Precision and automated farming
- Vertical farming
- Farming using drones, IoT and big data analytics
Low carbon technologies
- Low carbon-emitting technologies (Carbon, capture, utilisation and storage (CCUS), low carbon hydrogen)

Digital and 4IR technology

Smart manufacturing (IoT solutions)
Artificial Intelligence (AI)
Big data analytics
Virtual/ Augmented reality
Robotics
Drone technologies
Connectivity and distributed infrastructure (5G, blockchain, cloud computing)
3D printing
Software development (digital healthcare technology, e-commerce, fintech and payment platform, gaming mobility solutions)

Biotechnology

Neurotechnology
Biohealth (genetics)
Biosciences (crop and yield improvement)

SMEs and start-ups involved in the listed Government programmes
All eligible programmes will be updated periodically at: www.bnm.gov.my/covid19
Recipients of Special Relief Facility (SRF), PENJANA SME Financing (PSF) and/or PENJANA Tourism Financing (PTF) 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)

Financing Size

Up to RM10 million

Financing Rate

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

Financing Tenure

Up to 10 years

Guarantee Cover

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

Available of Fund

Until 31 December 2023

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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 full utilisation

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

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 Recipients of Special Relief Facility (SRF) or PENJANA SME Financing (PSF) are eligible to apply.
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)
Type of Financing	Commodity Murabahah Term Financing-i / Term Loan 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
- Recipients of Special Relief Facility (SRF) or PENJANA SME Financing (PSF) are eligible to apply.

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

RHB BizPower/-i Relief Financing

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

Interested SMEs can access the following RHB BizPower/-i Relief Financing with RHB:

Objective

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

Eligibility

Malaysian SMEs^1,2 adversely affected by COVID-19 with at least 51% shares held under Malaysians

Purpose of Financing

Working capital

Financing rate

From 5.00% to 6.95% 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.

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