UOB Malaysia is offering up to RM750,000 in SME financing under Bank Negara Malaysia’s SME Stabilisation Relief Facility.
The facility is aimed at helping businesses facing disruption and financial strain, including those affected by external pressures linked to the West Asia conflict.
Eligible SME customers can apply for financing at a rate of up to 3.75% per annum, inclusive of the guarantee fee.
The financing tenure is up to five years, with guarantee coverage provided by either Syarikat Jaminan Pembiayaan Perniagaan Berhad (SJPP) or Credit Guarantee Corporation Malaysia Berhad (CGC).
UOB Malaysia said the facility complements its existing financial relief assistance for affected customers.
Ng Wei Wei, CEO of UOB Malaysia, said,
“Through facilities like the Bank Negara Malaysia SME Stabilisation Relief Facility, we are working to channel timely, practical support to help businesses manage cash flow pressures, sustain operations and build resilience for the future.
Building on our earlier relief assistance efforts, we remain focused on supporting our customers every step of the way as they navigate evolving market conditions.”
Applications are now open. Interested SMEs can contact their UOB Relationship Managers or email the bank.
More information on UOB Malaysia’s financial relief assistance programme is available on the bank’s website.
Featured image: Edited by Fintech News Malaysia, based on image by UOB
