Q: What are BNM Schemes?
A: BNM Schemes are financing schemes introduced by the Government via Bank Negara Malaysia (BNM) for SMEs to have access to financing at a reasonable cost.
Q: What are the available BNM Schemes offered by Hong Leong Bank?
A: The following are the available BNM schemes offered by our Bank: :
i) BNM All Economic Sector Facility (AES)
ii) BNM Agrofood Facility (AF)
iii) BNM Automation and Digitalisation Facility (ADF)
iv) BNM Targeted Relief and Recovery Facility (TRRF)
v) BNM High Tech Facility (HTF)
vi) PENJANA Tourism Financing (PTF)
Q: What are the facilities offered under the BNM Schemes?
A: Facilities offered depends on the BNM Scheme e.g. Term Loan / Overdraft / Trade (such as Trust Receipts, Bankers Acceptance & Invoice Financing)
Q: Is there any guarantee coverage for this financing?
A: Guarantee coverage may be offered by either CGC ot SJPP depending on the BNM Scheme.
Q: What is the financing tenure under the BNM Schemes?
A: Generally the financing tenure is 5 years, unless specified otherwise under respective schemes