Bank Negara’s Targeted Relief and Recovery Facility (TRRF) is aimed at assisting eligible SMEs in the services sector, whose revenues have been affected by the recent enhanced and conditional movement control orders. Manufacturing, construction, hotel, and tourism sectors are, unfortunately, not covered by this fund.
It is vailable until Dec 31, 2021 or until the full utilization of its total allocation of RM2 billion, whichever is earlier.
The maximum loan amount per company is RM500k for 7 years including a 6 month moratorium period.
The interest rate is set at 3.5%
Companies that have obtained SRF & Penjana program before are not eligible for this fund.
Find out more here