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GOVERNMENT AIDED

SJPP Schemes - Working Capital Financing /-i

To assist viable SMEs to gain access to working capital financing from the Participating Financial Institutions (PFIs) with the guarantee coverage provided by the Malaysian Government.

EN BM

Who Can Apply


SME companies across all sectors incorporated under the Companies Act 2016 with at least 51% shares held by Malaysians

   

Guarantee


Guarantee Schemes

  • Working Capital Guarantee Scheme/-i (WCGS/-i)

Guarantee Tenure

  • Up to 31 December 2035

Guarantee Coverage

  • Up to 70% guarantee on the approved financing amount

Guarantee Fee

  • Up to 1.00% per annum, payable upfront or minimum of RM1,000-00 for WCGS/-i

Availability Period

Up to 31/12/2035 or upon full utilization of the fund, whichever is earlier

Purpose of Financing


  • Working Capital

Type of Facility


  • Overdraft / Cash Line-i
  • Trade Lines/-i

Loan / Financing Quantum


  • Minimum amount of RM100,000.00
  • Maximum up to RM10,000,000.00 (subject to eligibility)

2.00% Interest/Profit Rebate - Eligibility Criteria


Eligibility Criteria:-

  • Malaysian SMEs involved in export activities only
  • SME companies which are export oriented (with at least 50% of the Turnover are from exports) and incorporated under the Companies Act 2016 with at least 51% shares held by Malaysians

Terms and conditions apply. All application is subject to the Bank's credit assessment.

How to Apply


More Information



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