Features
Purpose Of Financing
- For New Financing;
- For restructuring of existing financing facilities; and/ or additional working capital
Tenor
- For New Financing: Up to 10 years
- For restructuring of existing financing facilities: minimum 3 years, (including 12-months moratorium)
- For additional working capital: Up to 10 years
Financing Size
- Up to RM5 Million
Guarantee
-
Syarikat Jaminan Pembiayaan Perniagaan Berhad (SJPP)
- For New Financing: Up to 80% of the financing obtained from the participating Financial Institutions (including principal and interest/ profit) by the Government of Malaysia
Eligibility Criteria
- Open to all entities [SMEs and Mid Size Companies (MSC)] in all industries such as tourism and its related sectors with annual revenue of not more than RM500 million based on their audited accounts (or relevant income tax returns where applicable) for any of the financial year ending 2019 or later
- Companies with at least 51% shares held and controlled by Malaysian Citizens
Type of Facilities
- Term Financing
- Mcash (Cashline)
- Trade Facilities
Guarantee Fee
- For New Financing: 1% per annum payable upfront
- For restructuring of existing financing facilities and/ or additional working capital: 0.75% per annum payable upfront.
