About All Economic Sectors (AES)
What is this facility about?
BNM All Economic Sectors (AES) Facility
BNM All Economic Sector (AES) is a financing scheme established by BNM to enhance access to financing for SMEs in all economic sectors, to support growth
The financing facility is calculated based on a fixed rate basis and guaranteed by Syarikat Jaminan Pembiayaan Perniagaan Berhad (SJPP).
Note: The financing shall not be used for the following actitivies:
• Purchase of shares;
• Refinancing of existing credit / financing facilities;
• Purchase of land / real estate investment;
• Property development;
• Investment by investment holding companies;
• Activities where stock in trade is money (including credit, leasing, factoring and insurance businesses);
• Gambling, alcohol, tobacco or other similar activities / products; and
• Non-shariah compliant activities (applies to Islamic financing only)
Note: The financing shall not be used for the following actitivies:
• Purchase of shares;
• Refinancing of existing credit / financing facilities;
• Purchase of land / real estate investment;
• Property development;
• Investment by investment holding companies;
• Activities where stock in trade is money (including credit, leasing, factoring and insurance businesses);
• Gambling, alcohol, tobacco or other similar activities / products; and
• Non-shariah compliant activities (applies to Islamic financing only)
Purpose of financing
- Working capital; or/and
- Capital expenditures (e.g., purchase of machinery and equipment or renovation cost for owner-occupied business premises)
Do I need a guarantor?
i. 70% guarantee cover from SJPP
ii. It is compulsory for Partners and/or Directors of the company to be the guarantor.
ii. It is compulsory for Partners and/or Directors of the company to be the guarantor.
Features
Tenure
Up to five (5) years
Up to five (5) years
Amount of Financing
Up to RM1 million per SME
Up to RM1 million per SME