The PENJANA Tourism Financing of RM1 billion is still available for businesses in the tourism sector. Several applications were cancelled for the PENJANA Tourism Financing, leading to a drop in the number of … Updating on the RM2 billion PENJANA SME Financing, Tengku Zafrul said a total of 6,139 applications had been approved with a total financing value … SHAH ALAM, Sept 30 -- Majlis Amanah Rakyat (MARA) has urged small and medium-sized enterprises (SMEs) to take advantage of the government’s RM300 mill... SMEinfo - MARA urges entrepreneurs to leverage PENJANA SME financing PENJANA SME Financing is financing to help alleviate the short term cash flow problems faced by SMEs due to COVID-19 and MCO and it’s calculated on a fixed rate basis. Updating on the RM2 billion PENJANA SME Financing, Tengku Zafrul said a total of 6,139 applications had been approved with a total financing value … 6 months. Eligible Sectors. Interested SMEs can apply directly to the PFIs for the TRRF, which comprise commercial banks, Islamic banks and development financial institutions regulated by BNM via their websites or by visiting the PFIs’ branches. Working capital . Financing. Banl Negara Malaysia (BNM) ... Pembiayaan PKS PENJANA (PENJANA SME Financing, PSF) dan/ atau Pembiayaan Pelancongan PENJANA (PENJANA Tourism Financing, PTF) tidak layak untuk memohon TRRF. All rights reserved. Bank Negara Malaysia Offered under the Shariah concept of Bai Al-Einah. In his address today, Prime Minister Tan Sri Muhyiddin Yassin said that SMEs in targeted sectors will be given a lifeline by banks who are offering funds of RM2 billion through its a financing scheme under the economic recovery plan dubbed Penjana. SMEs that are recipients of BNM Special Relief Facility (SRF), or PENJANA SME Financing (PSF) or PENJANA Tourism Financing (PTF) are not eligible. Maximum financing amount is also increased from RM50,000 to RM75,000 for each entrepreneur. Term loan: Financing Tenure . Under the third goal of stimulating the economy, the Government has put in place three key measures. Eligible SMEs can apply for a maximum RM500,000. New and enhanced financing facilities for SMEs affected by COVID-19. For the E-Commerce Campaign for Micro SMEs and SMEs, he said as at Aug 14, a total of 71,000 Micro SMEs have benefited from this initiative, up from 63,000 Micro SMEs a week ago. -Bernama Financing amount from RM500K. Purpose of Financing. “For micro enterprises, the government will establish the Penjana Micro Financing fund in collaboration with Bank Simpanan Nasional and TEKUN National for financing of RM400 million, of which RM50 million will be dedicated to women entrepreneurs,” said Muhyiddin. Micro Enterprises Facility (MEF) Up to 7 years (inclusive of repayment deferment) Repayment Deferment. Pemohon boleh memohon dengan mengunjungi atau menghubungi institusi kewangan berikut: Nama Bank : No Telefon : Affin Bank Berhad/ Affin Islamic … For SMEs in the tourism and tourism-related services subsectors, assistance remains available under the existing PTF. The financing facility will be at a concession rate of 3.5% p.a and the maximum loan/financing amount will be up to RM500,000 per SME. Enjoy fixed profit rate of 11.25% p.a (0.9375% monthly) based on financing amount and a tenure up to 18 months. 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