Enhanced Financing Facilities for SMEs

Bank Negara Malaysia has introduced measures to assist small and medium enterprises (SMEs), micro SMEs, and business owners from different economic sectors to help support and strengthen the country’s economy.

Please refer to the enhanced financing facilities below. Should you require any assistance, please feel free to call our customer service at 03-5516 9988.

Targeted Relief and Recovery Facility (TRRF)

The RM2 billion facility aims to help eligible SMEs in the services sector. Eligible SMEs can obtain working capital loan/financing of up to RM500,000 for a tenure of up to 7 years, including a repayment moratorium of at least 6 months.

The facility offers rates up to 3.5% per annum and is available through 21 participating financial institutions (PFIs), with guarantee coverage by Credit Guarantee Corporation (CGC) or Syarikat Jaminan Pembiayaan Perniagaan (SJPP).

The facility is now available until 31 December 2021 or full utilisation (whichever is earlier).

Micro Enterprises Facility (MEF)

The Micro Enterprise Facility (MEF) has been enhanced to improve access to credit for micro enterprises to include self-employed individuals, gig workers on digital platforms, and participants of the iTEKAD programme. Eligible micro enterprises can obtain working capital and capital expenditure loan/financing of up to RM50,000.

The total size of the facility has been increased from RM300 million to RM410 million.

High Tech Facility (HTF)

Bank Negara Malaysia has established a RM1 billion High Tech Facility – National Investment Aspiration (HTF-NIA) to provide additional help to SMEs affected by COVID-19.

The facility aims to support high-tech and innovation-driven SMEs affected by the COVID-19 pandemic to recover and revitalise the nation’s innovation capacity.

Eligible SMEs can obtain working capital loan/financing of up to RM1 million; up to RM5 million to finance capital expenditure; or a combination of working capital and capital expenditure of up to RM5 million, for a tenure of up to 7 years.

The facility will be available from 15 December 2020 to 31 December 2021 or until it is fully utilised (whichever is earlier).