KUALA LUMPUR: Hong Leong Bank is facilitating access to the SME Stabilisation Relief Facility (SME SRF) for micro, small, and medium enterprises (MSME) that are experiencing temporary disruptions to operations and cash flow challenges resulting from the ongoing conflict in West Asia.
"Recognising the vital role SMEs play as the backbone of the nation’s economy, HLB is prioritising the disbursement of this facility to ensure viable businesses can maintain their momentum," it said in a statement.
The SME SRF, which was recently introduced by Bank Negara, serves as a dedicated working capital solution, allowing affected businesses to bridge short-term liquidity gaps and meet their financial obligations without compromising their long-term growth prospects.
Under this facility, eligible SMEs can apply for financing of up to RM750,000 to be utilised specifically for working capital requirements at financing rates of up to 3.75% per annum, with a financing tenure of up to five years.
The facility is backed by a guarantee cover of up to 80% from either the Credit Guarantee Corporation Malaysia Berhad (CGC) or Syarikat Jaminan Pembiayaan Perniagaan Berhad (SJPP).
The SME SRF is available for application starting from May 15, 2026, until Dec 31, 2026, or until the total RM5bil fund allocation is fully utilised.
HLB customers who wish to apply for the facility are encouraged to reach out to their dedicated relationship managers for more details.
