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GOVERNMENT AIDED

SJPP Schemes – SME Working Capital Financing / -i

Who Can Apply


SMEs companies across all sectors incorporated under the Companies Act 2016 with at least 51% shares held by Malaysian and shareholders' fund of less than RM20.0 million.

   

Guarantee


Guarantee Schemes

  • Working Capital Guarantee Scheme /-i


Guarantee Tenure

  • Up to 31 December 2035


Guarantee Coverage

  • 70% guarantee on the approved financing amount by the Government of Malaysia


Guarantee Fee

  • 1% per annum payable upfront
  • Minimum of RM1,000


Availability Period

Opened from 24 June 2016 until 31 December 2035 or upon full utilization of the fund, whichever is earlier

Purpose of Financing


  • Working Capital

Type of Facility


  • Overdraft / Cash Line-i
  • Tradelines / -i

Loan / Financing Quantum


  • Minimum of RM100,000
  • Maximum up to RM1,300,000

2% Interest/Profit Rebate - Eligibility Criteria


  • Malaysian SMEs involved in export activities only.
  • SME companies which are export oriented (with at least 50% of the turnover are for exports) and incorporated under the Companies Act 2016 with at least 51% shares held by Malaysian and shareholders' fund below RM20.0 million.

More Info


Click here for SJPP Schemes - SME Working Capital Financing Product Disclosure Sheet

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