{"id":7717,"date":"2020-12-05T21:26:10","date_gmt":"2020-12-05T13:26:10","guid":{"rendered":"https:\/\/smebusinessloan.my\/?page_id=7717"},"modified":"2020-12-06T16:04:53","modified_gmt":"2020-12-06T08:04:53","slug":"targeted-relief-and-recovery-facility","status":"publish","type":"page","link":"https:\/\/smebusinessloan.my\/zh\/targeted-relief-and-recovery-facility\/","title":{"rendered":"Targeted Relief and Recovery Facility (TRRF)"},"content":{"rendered":"

Targeted Relief and Recovery Facility (No Collateral Required)<\/strong><\/p>\n

Targeted Relief and Recovery Facility (TRRF), with an allocation of RM2 billion by Bank Negara Malaysia, aims to help alleviate the short-term cash flow problems faced by SMEs adversely affected by the COVID-19 outbreak.
\nFeatures:<\/p>\n

Financing Amount: Up to RM 500K<\/strong>
\nType of Loan: Term Loan
\nFinancing Rate: Up to 3.5% p.a.<\/strong>
\nTenures: Maximum repayment tenure of 7 years, with at least 6 months of moratorium on monthly instalments
\nSecurities: No Collateral Required<\/p>\n

Eligibility Criteria:
\n\u2022 SMEs* in services sector affected by the reintroduction of COVID-19 containment measures since June 2020 (except tourism-related subsectors), such as:
\na) Personal services (e.g. repair of computers\/household goods, laundry, hairdressing, beauty)
\nb) Food and beverage service activities
\nc) Human health and social work activities
\nd) Arts, entertainment and recreation
\ne) Wholesale and retail trade
\nf) Business services (e.g. Professional, scientific and technical activities; administrative and support service activities)
\nNote: Recipients of Special Relief Facility (SRF), PENJANA SME Financing (PSF) and PENJANA Tourism Financing (PTF) are not eligible for the TRRF<\/p>\n

Required Documents:<\/strong>
\nSdn Bhd (Private Limited)<\/strong><\/p>\n

1. Latest 3 Years Audited Financial Statements
\n2. Latest 6 Months Business Bank Statement (All Active Bank)
\n3. Form 9 (Certificate of Incorporation) OR Companies Act 2016 \u2013 Section 14, 15 & 17
\n4. M&A (Memorandum & Article of Association) OR Companies Act 2016 \u2013 Section 32
\n5. 4. Form 24, 44, 49 OR Companies Act 2016 \u2013 Section 78, 46, 58
\n6. Photocopy of IC of Directors & Shareholders
\n7. Company Profile, Product Catalogue, Certification and Other Relevant Information. (If Any)<\/p>\n

Partnership<\/strong><\/p>\n

1. Form D
\n2. Latest Income Tax Return (Form B\/BE) & Tax Receipt
\n3. Last Complete Financial Statement (Trading \/ Management Accounts)
\n4. Latest 6 Months Business Bank Statement
\n5. Photocopy of IC of Directors
\n6. Company Profile, Product Catalogue, Certification and Other Relevant Information. (If Any)<\/p>\n

Please fill out the form below to check your loan amount eligibility<\/p>\n