To assist SMEs impacted by the COVID-19 outbreak, Bank Negara Malaysia (BNM) is allocating financing facilities under BNM’s Fund for SMEs to provide support for SMEs in sustaining business operations, safeguard jobs and encourage domestic investments.
Note : Financing should not be used for refinancing or existing credit/financing facilities.
Up to RM1 million.
Profit rate of 3.50% p.a.
Financing tenure up to 5.5 years.
No collateral is required under this facility.
This facilty is available until 31 December 2020.