Back
Contact Us

GOVERNMENT AIDED

SJPP Schemes – SME Working Capital Financing / -i

Non-collateral financing in form of overdraft, term loan and tradelines.

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


Guarantee Tenure

  • Up to 31/12/2035


Guarantee Coverage

  • Up to 80% 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
  • Up to 0.75% per annum payable upfront or minimum of RM500-00 for WCGS-Bumi/-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 of RM100,000-00
  • Maximum up to RM1,300,000-00 (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

How to Apply


More Info


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


Maybank Work+


Open up a world of privileges for your employees! From preferential rates on Home and Car Financing to savings and credit card privileges, get started by opening a payroll account with us today


LEARN MORE

Locate a Branch

Find a Maybank branch nearby you