This is specifically catered to the Small and Medium-sized Enterprises (SMEs). The soft loan scheme for micro-companies is extended to TEKUN Nasional companies with a maximum loan limit of RM10,000 per company. Applicants are given an option to choose either scheme to ensure more beneficiaries of this facility. SME Soft Loans Fund as of July 20, 2020 (RM billion) ... 2020 and Prihatin stimulus package. BNM Laman Informasi Nasihat dan Khidmat (BNMLINK) Tel: 1300 88 5465 Fax: 03-2147 1515 Email: bnmtelelink@bnm.gov.my www.bnm.gov.my. Impacted SME customers can contact our Relationship Managers and dedicated assistance channels via email at businessbanking@ambankgroup.com or our Corporate Services hotline at +603 2178 3188. Show posts by this member only | Post #1. police report count: 3. 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. SME PERKESO Prihatin Application (Q&A) views TS incubus_skj: Apr 9 2020, 09:47 AM, updated 2w ago. A funding of RM200mil has been prepared for this purpose. This loan scheme is offered interest free. The special grant worth MYR3,000 will be distributed to each micro-SME. (PRIHATIN Package), a 3rd package worth RM10 billion has just been announced by ... and loan and grant schemes among others. Other measures to smoothen the ... especially for SME retailers. The government has decided to abolish loan interest for micro credit schemes under the Prihatin economic stimulus package. Maximum up to 200 employees per company. Q: I am a micro-SME, is there a specific initiative for me? The portal also provides myKNP, which is an advisory service about financing for SMEs. A total of RM200mn will be allocated in funds for this purpose. To support the delivery of the PRIHATIN initiative, the imSME portal operated by Credit Guarantee Corporation (CGC) with the support of Bank Negara Malaysia (BNM) is ready to accept SME loan applications. PRIHATIN Special Grant. The govt has forgotten about SME's. SME Corporation Malaysia (SME Corp. Malaysia) is a Central Coordinating Agency under the Ministry of International Trade and Industry Malaysia that formulates overall policies and strategies for Small and Medium Enterprises (SMEs) and coordinates the implementation of SME development programmes across all related Ministries and Agencies. Special Prihatin Grant RM3,000 grant will be provided to micro SMEs that are registered with LHDN. The scheme will be run by Bank Simpanan Nasional, who’s offering only 2% interest free of charge.. Loan eligibility requirements will also be extended with a minimum of 6 months of operation compared to 1 year of operation. Another encouraging measure was the expansion in coverage of Prihatin Special Grant Plus to support SMEs in the states under blanket MCO, whereby each SME will be … This Additional Prihatin SME Economic Stimulus Package 2020 (ESP3),Abolition of 2% interest rate valued at RM10 billion, includes: given to landlords of private • An additional RM7.9 billion for the Wage Subsidy Program; KUALA LUMPUR: A … You can choose either one. List of eligibility will be provided by SSM or local authorities. That aside, the government has established a special Prihatin grant (Geran Khas Prihatin) totalling MYR2.1 billion for eligible micro-SMEs. 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). • PM: Govt provides additional assistance for SMEs under Prihatin Tambahan economic stimulus package amounting to RM10 billion • The salary subsidy for SMEs under the Prihatin stimulus package has been expanded to RM13.8 billion from RM5.9 billion, with additional measures for all SME sizes (from under 75 employees to over 200 employees). This was higher than the 5,301 loan applications worth RM1.085 billion approved last week. BNM Loan Moratorium 6 months deferment for Property Loans, Term Loans and hire purchase agreements from April – September 2020. 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.. 1. Government Guarantee Scheme – PRIHATIN is a financing scheme guaranteed by Syarikat Jaminan Pembiayaan Perniagaan Berhad (SJPP) to provide relief assistance to SMEs adversely affected by the COVID-19 outbreak. The Prihatin Special Grant 2.0 provides micro SMEs a one-off payment of RM3,000 to help kickstart their businesses during the Covid-19 crisis. Menara SME Bank. Just 1 week after the announcement of the 2 nd Economic Stimulus Package (PRIHATIN Package), a 3 rd package worth RM10 billion has just been announced by our Prime Minister. More than 200 employees (Large Enterprise) RM600 per month per employee for 3 months. Here are a few options you could look into for your SME. Micro Credit Scheme 0% interest loan to be provided by Bank Simpanan National (BSN) & TEKUN National. 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