Initiatives for SMPs

PLC Professional Liquidity Scheme (PLC Scheme) is a scheme aimed to assist the Institute’s Member Firms (MFs) to obtain advances for pre-determined staff costs, using the firm’s issued invoices.

The PLC Scheme is a collaborative initiative between the Institute and Pembangunan Leasing Corporation (PLC), a subsidiary of Bank Pembangunan Malaysia Berhad.

The Scheme has closed for registration. For further enquiries, please email to Small and Medium Practices Department at


The objective of the PLC Scheme is to assist MFs with managing partners in good standing, who face difficulties in collecting payments from their clients who suffered financially from the COVID-19 pandemic.

The PLC Scheme will assist MFs to fund salary expenses with advances obtained from unpaid invoices. The margin of advance from the invoice value will be determined from your clients’ credit scoring.

How does the PLC Scheme work?

Please refer to the flyer below for further details of the PLC Scheme:


MFs that are interested will have to pay a one-time RM200 registration fee. The revised fee for the scheme is as follows (instead of 8%):

  • RM186 flat fee for each time you accept an offer from PLC and this is for the services rendered; and
  • 2.16% of the monies advanced (salaries + gross up) as your contribution into the risk pool which will be refunded if nobody defaulted the scheme.
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Practising in Malaysia
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