PENJANA SME Financing (PSF) Scheme
We are pleased to announce our participation in the PENJANA SME Financing (PSF) Scheme where we lend our support to local SME businesses which are adversely impacted by COVID-19. The financing made available under the HLB PSF scheme is available to all SMEs as part of their business recovery and continuity journey.
Key Features | |
|---|---|
Scheme Name | PENJANA SME Financing (PSF) Scheme |
Eligibility |
*Based on the definition of SME as per SME Corp Malaysia www.smecorp.gov.my |
Purpose of Financing | Working capital only
Note: Financing is not allowed for refinancing of existing facility granted by HLB or other participating Banks |
Financing Rate | Up to 3.50% p.a. |
Financing Limit | Maximum of RM 500,000 per SME. Note: The final approved financing limit granted is subject to credit assessment by the Bank. |
Facility Type | Term Loan |
Financing Tenure | Up to 5 years |
Collateral | No collateral needed |
Availability Period | Up to 31 March 2021 or upon exhaustion of funds (whichever is earlier) |
Documents Required | 1) Business registration documents 2) Latest 6 months bank statements 3) Financial statements (audited and / or management) 4) Copy of IC of directors / partners / shareholders / guarantors |
Note: The final approval on financing granted is subject to Bank credit assessment and discretion.
SME customers who are interested can apply for this financing scheme through our SME Relationship Managers.
Alternatively, you can leave your contact details by clicking on the I’m Interested button and our SME Relationship Managers will reach out to you.
