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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Submit Details Here
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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.
Drop us your details below
and we’ll be in touch!
Submit Details Here
and we’ll be in touch!
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
Drop us your details below
and we’ll be in touch!
Submit Details Here
and we’ll be in touch!
4
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 |
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| Services |
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(Sectors identified to be most aligned to the long-term strategic development goals for Malaysia under the National Investment Aspirations (NIAs)) |
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OR
- 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)
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Green Technology |
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| Digital and 4IR technology |
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| Biotechnology |
OR |
- 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
Up to 3.5% p.a., for financing without guarantee; or
Up to 5.0%p.a., inclusive of guarantee fee.
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
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 applications are subjected to the Bank’s final decision.
Drop us your details below
and we’ll be in touch!
Submit Details Here
and we’ll be in touch!
5
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 help alleviate the short-term cash flow problems faced by SMEs1 due to COVID‑19 and MCO |
Eligibility Criteria |
|
Type of Financing |
| Commodity Murabahah Term Financing-i |
Financing Size |
|
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.
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
and we’ll be in touch!
6
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 SMEs1,2 adversely affected by COVID-19 with at least 51% shares held under Malaysians
Purpose of Financing
Working capital
Financing rate
From 5.00% to 7.20% 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.
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
- rhbgwer_Relief_Financing_BPRF_AES.pdf" target="_blank">BizPower Relief Financing (BPRF-AES)
- BizPower Relief Financing (BPRF-Prihatin)
