Objective:
The objective of the Credit Enhancer Scheme or Enhancer is to assist entrepreneurs who have viable projects but lack the collateral to obtain the required financing amount from Financing Institutions.
Eligible Borrowers:
- Malaysian-controlled or Malaysian-owned businesses
- A company based on SME definitions as below:
-
The matrix for approved definitions is based on the number of full-time employees, as per the following table:
New SME Definitions Based on Number of Full-Time Employees
|
Sector |
| Size |
Primary Agriculture |
Manufacturing (Including Agro-based) & MRS |
Services Sector (+ICT) & Mining & Quarrying & Construction |
| Micro |
Less than 5 employees |
Less than 5 employees |
Less than 5 employees |
| Small |
Between 5 & 19 employees |
Between 5 & 50 employees |
Between 5 & 19 employees |
| Medium |
Between 20 & 50 employees |
Between 51 & 150 employees |
Between 20 & 50 employees |
OR
-
The classification of economic activities based on annual sales turnover, as per following table:
New SME Definitions Based on Annual Sales Turnover
|
Sector |
| Size |
Primary Agriculture |
Manufacturing (Including Agro-based) & MRS |
Services Sector (+ICT) & Mining & Quarrying & Construction |
| Micro |
Less than RM200,000 |
Less than RM250,000 |
Less than RM200,000 |
| Small |
Between RM200,000 & less than RM1 Million |
Between RM250,000 & less than RM10 Million |
Between RM200,000 & less than RM1 Million |
| Medium |
Between RM1 Million & RM5 Million |
Between RM10 Million & RM25 Million |
Between RM1 Million & RM5 Million |