Horwath HTL summary
Concessionary financing from Bank Negara Malaysia's Fund for SMEs for tourism businesses investing in expansion or new tourism offerings.
Eligibility
Malaysian SMEs, at least 51% Malaysian-owned, in a tourism-related sector or registered with MOTAC.
The administering body decides eligibility and support. Check the official programme against your organisation and project before making commitments.
Project timing in the recorded terms
The public record does not state whether the project may have started. Check the official programme.
Support
Up to RM500,000 per SME with a tenure of up to seven years. The 3.5% rate ceiling applied to approvals by 31 December 2025; Bank Negara said it would set the later rate based on market conditions.
- Maximum cap recorded
- RM500,000
- Application timing
- Rolling application
Why a hotel might use it
financing, working capital, capital expenditure.
Critical conditions
- At least 51% of shares must be held by Malaysians, and the business must meet the SME Corporation definition.
- The facility remains available until its allocation is fully used or Bank Negara Malaysia decides otherwise.
- Apply through a participating bank, which runs its normal credit assessment; confirm the current rate with the bank.
- Cannot be used to refinance existing loans, buy shares or buy property for investment.
Verification
- Last verified
- 14 September 2026
- Official page updated
- Not stated