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TRRF by BNM

Targeted Relief and Recovery Facility (TRRF)

We are offering relief and support recovery for SMEs in the services sector affected by reintroduction of containment measures since June 2020, except tourism and tourism-related subsectors.

Features

  • Features / Criteria
  • Description
Features / Criteria Description
Product Type
  • Available under Term Loan only (Working Capital only)
Eligibility / Criteria
  • Malaysian SME sector in SMEs* in the services sector affected by reintroduction of containment measures since June 2020, except tourism and tourism-related subsectors, such as: • Personal services (e.g. repair of computers/household goods, laundry, hairdressing, beauty) • Food and beverage services • Human health and social work • Arts, entertainment and recreation • Wholesale and retail trade • Business services (e.g. Professional, Scientific and Technical activities, Administrative and support service activities) Note: * i. Based on the definition of SME as approved by the National Entrepreneur and SME Development Council (NESDC). ii. Borrowers of Special Relief Facility (SRF) & PENJANA SME Financing (PSF) are eligible for the TRRF up to an aggregate limit of RM500,000 per SME. iii. PENJANA Tourism Financing (PTF) are not eligible for TRRF.
Financing Size
  • Maximum financing amount of up to RM500k per SME (Note: The above is applicable for companies for SMEs with common shareholders of > 20% shareholding)
Tenure
  • Maximum tenure of up to 7 years, with at least 6 months of moratorium on monthly instalment
Financing Rate
  • Financing rate of up to 3.5% per annum (inclusive of guarantee fees)
Guarantee Coverage
  • Up to 80% guarantee coverage by Syarikat Jaminan Pembiayaan Perniagaan Berhad (SJPP) with 0.5% guarantee fee
Availability
  • Available from 15 December 2020 to 31 December 2021 or until it is fully utilised (whichever is earlier)
Features / Criteria
Product Type
Eligibility / Criteria
Financing Size
Tenure
Financing Rate
Guarantee Coverage
Availability

How to Apply

Retail SMEs Mid-sized SMEs and Corporates

Email businessbanking.servicecentre@uob.com.my

or

Call the Business Engagement Team hotline at 03-2616 6800
(Monday to Friday 9.00am to 5.30pm)

Kindly reach out to our Relationship Managers
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