million loan size per company • Increase in the Special Relief Facility for ... be forthcoming to clarify the definition of SME. SME Soft Loans Fund as of July 20, 2020 (RM billion) ... 2020 and Prihatin stimulus package. The soft loan scheme for micro-companies is extended to TEKUN Nasional companies with a maximum loan limit of RM10,000 per company. More than 200 employees (Large Enterprise) RM600 per month per employee for 3 months. It is too focused on B40 and people who are mass voters. Applicants are given an option to choose either scheme to ensure more beneficiaries of this facility. 6 months rental waiver for school canteens, nurseries, ... (Bantuan Prihatin Nasional) will be given to the B40 and M40 group: A funding of RM200mil has been prepared for this purpose. That aside, the government has established a special Prihatin grant (Geran Khas Prihatin) totalling MYR2.1 billion for eligible micro-SMEs. Meanwhile, individual customers can reach us via email at customercare@ambankgroup.com or … Maximum up to 200 employees per company. One-off RM3,000 grant to micro-enterprises (no definition yet, but my guess would be sole proprietors and businesses with 1-5 employees, SME Corp defines it as such and adds RM300,000 annual sales as a maximum). 1. Q: I am a micro-SME, is there a specific initiative for me? Penjana SME Financing (PSF) Eligibility. Third, the government will provide additional funds of RM500 million under the Micro Credit Scheme which makes a total of RM700 million allocated for easy financing.. Malaysian SME adversely affected by COVID-19; Registered with the Companies Commission of Malaysia (SSM)/authorities/district offices in Sabah and Sarawak or statutory bodies for professional service providers. Applicants are given an option to choose either scheme to … 4. BNM Laman Informasi Nasihat dan Khidmat (BNMLINK) Tel: 1300 88 5465 Fax: 03-2147 1515 Email: bnmtelelink@bnm.gov.my www.bnm.gov.my. Around 700,000 micro-SMEs stand to benefit from this initiative. The government has decided to abolish loan interest for micro credit schemes under the Prihatin economic stimulus package. The soft loan scheme for micro enterprises is also extended to TEKUN Nasional with a maximum loan limit of RM10,000 at 0% for each enterprise. Menara SME Bank. The portal also provides myKNP, which is an advisory service about financing for SMEs. BNM Loan Moratorium 6 months deferment for Property Loans, Term Loans and hire purchase agreements from April – September 2020. This loan scheme is offered interest free. A Malaysian-controlled company and Malaysian-owned business (at least 51% shareholding) Aside from GGS-Prihatin, SJPP also offers other government guarantee schemes to support SMEs which include PENJANA Tourism Financing Facility (PTF), Special Relief Facility Scheme (SRF), SME Automation and Digitalisation Facility Scheme (ADF), and Agrofood Facility Scheme (AF), all available at participating FIs and can be applied until 31 December 2020. The soft loan scheme for micro enterprises is also extended to TEKUN Nasional with a maximum loan limit of RM10,000 at 0% for each enterprise. This was higher than the 5,301 loan applications worth RM1.085 billion approved last week. Customise your business finance plan and improve your business credit rating with on-time low interest loan repayments. Government Guarantee Scheme – PRIHATIN is valid till 31 December 2020. KUALA LUMPUR: A … SME Corporation Malaysia (SME Corp. 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