Agrofood Facility/-i (AF)/(AF-i)

Features & Benefits

Objectives

Increase food production for domestic consumption and exports.
Provide assistance for primary agrofood production (upstream), agrofood processing/manufacturing, or other agrofood downstream activities.

Purpose of Financing

Allocation

RM 1 billion

Financing Rate

Up to 3.75% per annum, inclusive of guarantee fee

Guarantee Fee

0.5% per annum

Guarantee Coverage

80% guarantee coverage from Syarikat Jaminan Pembiayaan Perniagaan (SJPP)

Types of Financing

Term Loan / Term Financing-i

Financing Limit

Up to RM5 million per eligible SME

Maximum Financing Tenure

Up to 8 years

Availability Period

Until 30 June 2022 or full utilisation of the fund (whichever earlier)

Terms and conditions apply

• Malaysian owned and controlled SMEs
• Confined to the Halal business/requirement (For Islamic Facilities)

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