Low Carbon Transition Facility
Open to SMEs in all sectors that are committed to transform their businesses toward low carbon and sustainable business operations.
Eligibility
- Open to SMEs in all sectors.
- For Private Limited Company, Sole-Proprietorship, Partnership that fall within SME definition.
- Business in operation for at least three (3) years and profitable for the past two (2) years.
- Registered with the Companies Commission of Malaysia (SSM), or respective authorities / district offices in Sabah and Sarawak
- Malaysians residing in Malaysia that hold a minimum of 51% shareholding / ownership in the business.
Objective
Encourage and support SMEs to transition to low carbon business operations by adopting sustainable practices for business resilience.
Purpose of Financing
To finance Working Capital Requirement (WCR) or Capital Expenditure (CAPEX)* in order to initiate or facilitate the transition to low carbon and sustainable business operations
Note:
1. *Excludes land purchases.
2. LCTF cannot be used to reimburse WCR and/or CAPEX.
Financing Amount
Sdn. Bhd.:
- Min: RM100,000
- Max: RM10 million
Sole-Proprietorship / Partnership:
- Min: RM100,000
- Max: RM2.5 million
Financing Rate
Up to 5.0% p.a., inclusive of 0.50% p.a. guarantee fee by SJPP or by CGC
Financing Tenure
Business Financing-i: Up to 10 years
Guarantee Coverage
Up to 80% guarantee coverage by Syarikat Jaminan Pembiayaan Perniagaan (SJPP) or Corporate Guarantee Corporation (CGC)
Availability
3rd February 2022 until full utilization
Product Disclosure Sheet:
Click here for Product Disclosure Sheet – ENG Version
Click here for Product Disclosure Sheet – BM Version
For enquiries email to: sme-assist@bankislam.com.my
