Financing Tenure

• Up to 7 years, including 12 months Moratorium

Financing Rates

• 3.5% per annum

Security

• Syarikat Jaminan Pembiayaan Perniagaan (SJPP)

Guarantee Fee

• 0.5% Guarantee fee to be absorbed by FI

Eligibility

SMEs, whether Sdn Bhd, sole proprietorship, partnership or limited liability partnership in the core tourism and tourism-related sectors which are either:

• SMEs (inclusive of SMEs and Micro-Enterprises) as defined by SME Corp Malaysia at point of application; OR
• Licensed by / registered with MOTAC.

With at least 51% shares held and ultimately controlled by Malaysian citizens.

The eligible sectors are as follows:

Core tourism:

• 1) Tourism accommodation premises (e.g. budget hotels, registered homestays, chalet and resorts)
• 2) Travel agencies & tour operators
• 3) Transportation for tourists (e.g. bus, boat and car rental operators)

Tourism-related sectors:

• 1) Medical tourism
• 2) MICE (Meetings, Incentives, Conferences, Exhibitions) ecosystem
• 3) Money service businesses
• 4) Tourism-related retail, recreation and wellness which can justify significant reliance on tourists