We are pleased to announce our participation in the PENJANA Tourism Financing (PTF) Scheme, where we lend our support to SMEs in eligible core tourism and tourism-related sectors to aid in their business recovery and continuity.
Scheme Name | PENJANA Tourism Financing |
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Eligibility |
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Purpose of Financing | For working capital and capital expenditure only Note: Financing should not be used for refinancing of existing credit/financing facilities |
Financing Rate | Up to 3.5% p.a. (inclusive of guarantee fee of 0.5% p.a.) |
Financing Limit | SMEs: Up to RM300k per SME; and Micro enterprises: Up to RM75k per micro enterprise The common limit will apply for SMEs’ associate companies with common shareholding of more than 20% |
Facility Type | Term loan |
Financing Tenure | Up to 7 years (inclusive of repayment deferment) |
Repayment Deferment | 6 months. Interest will be accrued during the 6 months repayment deferment and spread out over the 6.5 years repayment period |
Documentation Required | I. Business registration documents e.g. SSM registration II. Copy of directors', partners', shareholders' / guarantors' identity card III. Audited financial and / or management accounts of the last 3 financial years IV. Minimum latest 6 months of bank statements |
Other Requirements |
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Document Required |
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SME customers who are interested can apply for this financing scheme through our SME Relationship Managers.
For more information, please leave your details by clicking on the I’m Interested button.
