Financing Scheme Under BNM’S Fund For SMEs

Financing Scheme Under BNM’S Fund For SMEs

BNM’s Fund for SMEs is targeted to provide immediate cash flow support to SME businesses that are adversely impacted by COVID-19 to sustain their business operations. The COVID-19 outbreak has a growing impact on the global economy and it has affected business in every possible manner, particularly their working capital. We understand that continuity is important every single stage in your business and we are ever-prepared to assist SMEs to go through this difficult period. An initiative by BNM, Al Rajhi Bank is introducing a few relief measures to help your business get back on track and ease your cash flow problems.

COVID-19 Financial Relief Assistance Programme

Facility Objective
Special Relief Facility (SRF) COVID-19 To help alleviate the short-term cash flow problems faced by SMEs affected by the COVID-19 outbreak
All Economic Sectors (AES) Facility To enhance access to financing for SMEs in all economic sectors, in particular underserved SMEs, at a reasonable cost

Automation & Digitalisation Facility (ADF)

To incentivise SMEs to automate processes and digitalise operations to increase productivity and efficiency
AgroFood Facility (AF) To increase agrofood production for Malaysia and for export purposes through the provision of financing at affordable rates
Micro Enterprises Facility (MEF) To increase access to collateral-free micro financing for micro enterprises at reasonable cost
 

For more information please contact 03-2301 7238 or 03-2301 7166

 

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