Targeted Relief and Recovery Facility (TRRF)

  • Scheme Limit:
    RM2.0 billion
  • Tenure of Financing:
    Maximum repayment tenure of up to 7 years, with at least 6 months moratorium on monthly instalments
  • Availability/ Application Period:
    Opened from 1 December 2020 until 31 December 2021, or upon full utilisation of RM2.0 billion only, whichever is earlier.
  • Purpose of Financing:
    Working Capital only

    The facility cannot be used to refinance existing facility granted by the same or other participating FIs.
  • Eligibility:
    Malaysian SMEs* in services sector affected by reintroduction of COVID-19 containment measures since June 2020 (except for tourism and tourism-related subsectors) such as:
    1. Personal services (e.g. repair of computers / household goods, laundry, hairdressing, beauty);
    2. Food and Beverage service activities;
    3. Human Health and Social Work activities;
    4. Arts, Entertainment and Recreation;
    5. Wholesale and Retail Trade; and
    6. Business services (e.g. Professional, Scientific and Technical Activities; Administrative and Support Service Activities)

    *at least 51% shares held by Malaysians, and as defined by SME Corp
    Recipients of Special Relief Fund and PENJANA SME Financing are eligible for the TRRF up to the aggregate limit of RM500,000 per SME
  • Type of Facility:
    Term Loan/ Term Financing-i, Overdraft/ Cash Line-i, and Trade/ Trade-i Facility
  • Financing Limit:
    For SME: Up to RM500,000 only
    For Micro Enterprise: Up to RM75,000 only

    This is subject to the aggregate group limit not exceeding RM10.0 million for all SJPP guarantee schemes, including this financing OR, if borrower has been earlier approved for guarantee under Government Guarantee Scheme Prihatin (GGS Prihatin), not exceeding RM20.0 million for all SJPP guarantee schemes, including this financing.

    Group is defined as companies under the same group by way of shareholding (holding 50% or more), directors (providing guarantees) and related guarantors.

    The above is applicable to associated companies for SMEs with common shareholder(s) i.e. with > 20% shareholding.
  • Guarantee Coverage:
    • For SMEs - Up to 80%
    • For Micro Enterprises - Up to 90%
    Of the financing obtained from the participating financial institutions (including principal and interest/ profit) by the Government of Malaysia
  • Guarantee Fee:
    0.5% per annum payable upfront
  • Interest/ Profit Rate:
    Up to 3.5% per annum (inclusive of SJPP's guarantee fee)

 

SME Automation and Digitalisation Facility Scheme (ADF)

  • Objective:
    To incentivise SMEs to automate processes and digitalise operations to improve efficiency and productivity
  • Scheme Limit:
    RM300 million (non-revolving basis until expiry of the Scheme)
  • Tenure of Financing:
    Up to 10 years
  • Availability/ Application Period:
    From 6 March 2020 until the Scheme limit is fully exhausted or until expiry on 31 December 2021, whichever is earlier
  • Purpose of Financing:
    For purchase of equipment, machinery, computer hardware and software, IT solutions and services, technology support services and other intangible assets to enhance productivity and efficiency

    This guarantee scheme cannot be used to refinance existing facility granted by the same or other participating financial institutions
  • Type of Facility:
    Term Loan/ Term Financing only
  • Financing Limit:
    Minimum: RM75,000.00 only
    Maximum: RM3.0 million only
  • Guarantee Coverage:
    80% guarantee of the financing obtained from the participating financial institutions (including principal and interest/ profit) by the Government of Malaysia
  • Guarantee Fee:
    0.5% per annum payable upfront
  • Source of Funds:
    Bank Negara Malaysia via the participating financial institutions
  • Interest/ Profit Rate:
    Up to 4.0% per annum inclusive of SJPP's guarantee fee

 

Agrofood Facility Scheme (AF)

 

  • Objective:
    To increase food production for Malaysia and for export purposes
  • Scheme Limit:
    RM1.0 billion (non-revolving basis until expiry of the Scheme)
  • Tenure of Financing:
    Up to 8 years
  • Availability/ Application Period:
    From 6 March 2020 until the Scheme limit is fully exhausted or until expiry on 31 December 2021, whichever is earlier
  • Purpose of Financing:
    • Working Capital
    • Capital Expenditure
    • Agrofood projects

    This guarantee scheme cannot be used to refinance existing facility granted by the same or other participating financial institutions
  • Type of Facility:
    Term Loan/ Term Financing, Overdraft/ Cash Line-i, Trade Facilities and Commercial Card
  • Financing Limit:
    Minimum: RM75,000.00 only
    Maximum: RM5.0 million only
  • Guarantee Coverage:
    80% guarantee of the financing obtained from the participating financial institutions (including principal and interest/ profit) by the Government of Malaysia
  • Guarantee Fee:
    0.5% per annum payable upfront
  • Source of Funds:
    Bank Negara Malaysia via the participating financial institutions
  • Interest/ Profit Rate:
    Up to 3.75% per annum inclusive of SJPP's guarantee fee