Thursday, 29 October 2020,   12 Rabiulawal 1442H
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PENJANA Tourism Financing (PTF)

 
PENJANA Tourism Financing (PTF) is a financing scheme which is offered to support viable micro entrepreneurs and SMEs in the tourism sector by preserving their capacity and assisting them to adjust and remain viable post COVID-19.
 
 

Eligibility

» Entrepreneurs whose businesses are related to core tourism and tourism related.
» Not a recipient of Special Relief Facility/i (SRF/i) and / or BSN Micro/i Kredit Prihatin and / or BSN Micro/i Kredit PENJANA.
» Micro Enterprise - Sole Proprietorship / Partnership / Private Limited Company.
» Malaysian owned business.
» Registered with Suruhanjaya Syarikat Malaysia (SSM) for Peninsular Malaysia or authorities / district offices in Sabah and Sarawak for Sabah and Sarawak / MOTAC (for homestays under tourist accommodation premises) / Certificate of Registration of Homestay holder.
» Business that has been in operation not less than 6 months.
   

Features

» Purpose of Financing: Working Capital and Capital Expenditure.
» Financing Amount : RM5,000 - RM 50,000.
» Financing Tenure: Between 1 year to 5.5 years including first 6 months of moratorium on monthly instalment.
   

Required Documents

» Business registration with SSM and / or Business License with District Council / Municipal Council / Local Authority (PBT) / MOTAC (for homestays under tourist accommodation premises) / operating permit (for related businesses) / Partnership Deed (if applicable) / Certificate of Registration of Homestay with Persatuan Kampungstay dan Homestay Malaysia (MKHA).
» A copy of NRIC of proprietor / partners / all Directors / Shareholders / Guarantors (if any).
» Declaration Letter stated that the applicant is not a recipient of Special Relief Facility/i (SRF/i) and / or BSN Micro/i Kredit Prihatin and / or BSN Micro/i Kredit PENJANA.
» Latest 6 months company's Bank Account Statement.
» Financial Statement / Management Account / Income Tax Statement (if applicable).
» Any supporting documents as required by Bank.
   

Rates

3.50 % p.a.
   

How do I Apply?

Download and fill up the Micro Finance Application Form and send it to us.