BNM Low Carbon Transition Facility (LCTF)
The Low Carbon Transition Facility (LCTF) is a financing scheme by BNM to encourage and support SMEs in their adoption of sustainable and low carbon practices for business resilience. This includes facilitating SMEs in obtaining sustainability certification, increasing the use of sustainable material for production, improving energy efficiency of building and appliances, and installing on-site renewable energy generation equipment.
Key Features | |
|---|---|
Scheme Name | Low Carbon Transition Facility (LCTF) |
Objective | Encourage and support SMEs to adopt sustainable practices for business resilience |
Eligibility | SMEs1 in all sectors
1As defined by SME Corp. Malaysia’s Guideline for SME Definition, accessible at https://www.smecorp.gov.my/images/pdf/2021/Guideline_on_SMEDefinition_Updated_Sept2020_Final.pdf |
Purpose of Financing | To fund capital expenditure or working capital to initiate or facilitate the transition to low carbon and sustainable operation |
Maximum Tenure | Up to 10 years |
Financing Limit | Up to RM10 million |
Financing Rate | Up to 5.0% p.a. (inclusive of guarantee fee, if any) |
Guarantee | Guarantee schemes by Credit Guarantee Corporation Malaysia Berhad (CGC) / Syarikat Jaminan Pembiayaan Perniagaan Berhad (SJPP) |
Availability Period | 3 February 2022 until full utilisation |
Note: The final approval on financing granted is subject to Bank credit assessment and discretion.
For further information or enquiries, please leave your contact details by clicking on the I’m Interested button and our Relationship Managers will reach out to you.
For our existing customers who are interested, you can apply for this financing through your dedicated Relationship Managers.
