PENJANA Tourism Financing-i

Pelan Jana Semula Ekonomi Negara (PENJANA) Tourism Financing (PTF) is introduced as part of the Government’s efforts to aid the tourism sector. The purpose of the PTF is to support Malaysian small and medium-sized enterprises (SMEs) in the tourism sector, by preserving their capacity and assisting them to adjust and remain viable post COVID-19. PTF is provided in the form of term financing for the purpose of working capital and capital expenditure which calculated based on a fixed rate basis. The financing facility is guaranteed by Syarikat Jaminan Pembiayaan Perniagaan Berhad (SJPP).

Working capital and/or capital expenditure

A guarantor/ collaterals must be provided; (a) Guarantee from SJPP; (b) Compulsory for partners and/or directors of the company to be the guarantor; All collaterals must be Shariah Compliance and acceptable by AmBank Islamic. Note: The requirements above are depending on your creditworthiness