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Funds4SME - intro

The objective of these funds is to provide access to financing at reasonable cost for SMEs in all economic sectors. Some funds have been enhanced to provide relief for, and to support the recovery of SMEs. The funds are channelled through participating financial institutions (PFIs), comprising all licensed banks, prescribed development financial institutions and the Credit Guarantee Corporation Malaysia Berhad (CGC). Applications must be submitted through any PFIs and approval will be subjected to the normal credit assessment of the PFI.

Funds4SME - tiles

UPDATED

High Tech & Green Facility (HTG)

The RM2.6 billion Facility is 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.

Financing rate of up to 3.5% per annum is offered for financing without guarantee or up to 5% per annum inclusive of guarantee fee (with guarantee coverage by Credit Guarantee Corporation Malaysia Berhad (CGC) or Syarikat Jaminan Pembiayaan Perniagaan Berhad (SJPP).

The Facility will be available until full utilisation.

Low Carbon Transition Facility (LCTF)

The RM1 billion Facility is established on a matching basis with participating financial institutions to help SMEs embrace sustainable and low carbon practices in their business operations. This includes to increase usage of sustainable raw materials and renewable energy, and to also improve energy efficiency of buildings or machinery.

This Facility is in line with the Government¡¯s target for Malaysia to be a net-zero emission economy by 2050.

The Facility is available from 3 February 2022 until full utilisation.

UPDATED

SME Automation and Digitalisation Facility (ADF)

The RM1.3 billion Facility is aimed at incentivising SMEs to automate processes and digitalise operations to improve productivity and efficiency. The financing rate is up to 4% per annum, inclusive of guarantee fee. Guarantee coverage is provided by Syarikat Jaminan Pembiayaan Perniagaan Berhad (SJPP).

The Facility will be available until full utilisation.

UPDATED

Agrofood Facility (AF)

The RM3.6 billion Facility is to increase food production for Malaysia and for export purposes.

UPDATED

Micro Enterprises Facility (MEF)

This RM1 billion Facility is aimed at supporting microenterprises and self-employed individuals, including gig workers on digital platforms, participants of the iTEKAD programme and social enterprises. The Facility is for working capital and/or capital expenditure.

All Economic Sectors Facility (AES)

This facility is to enhance access to financing for SMEs and to support growth.

PENJANA Tourism Financing (PTF)

PENJANA Tourism Financing is established for affected businesses in the tourism sector. The Government has created a dedicated fund for businesses in the tourism sector still affected by the pandemic under the PENJANA initiative.

Under the enhanced PTF, SMEs can now utilise up to 50% of the PTF financing amount obtained to refinance existing business financing. Recipients of Special Relief Facility (SRF/SRF-i) and/or PENJANA SME Financing (PSF/PSF-i) are now eligible for the PTF.

Disaster Relief Facility (DRF) 

The objective of this Facility is to alleviate the financial burden of micro, small and medium enterprises (MSMEs) affected by natural disasters such as floods, to enable them to resume their business operations.

In January 2022, BNM has increased the allocation of the DRF by RM300 million, bringing the total allocation to RM500 million, with some enhancements to its features.

For more details, please refer to: