Credit Guarantee Corporation (CGC) Guarantee Schemes

BizJamin Scheme

Eligibility:

• A company registered in Malaysia, is Malaysian-controlled and Malaysian-owned with at least 51% shareholding
• Meet the SME Corporation Malaysia’s definition of an SME

Purpose of Financing:

Aggregate of RM15 million per SME group

Eligibility:

• Working Capital
• Capital Expenditure

Type of Facility:

• Term Loan
• Overdraft
• Letter of Credit or Trust Receipt
• Bills Purchased
• Bank Guarantee
• Export Credit Refinancing (ECR)
• Banker’s Acceptance
• Shipping Guarantee
• Hire Purchase
• Leasing

Guarantee Coverage:

Secured portion - ranges between 30% to 90% guarantee coverage

Unsecured portion - ranges between 30% to 80% guarantee coverage

Guarantee Fee:

Secured portion - Starting from 0.5% to 3.20% per annum

Unsecured portion - Starting from 0.75% to 4.00% per annum

Flexi Guarantee Scheme (FGS)

CGC’s Flexi Guarantee Scheme (FGS) is a scheme for financing under BNM’s funds for SMEs, All Economics Sectors Facility (AES).

Eligibility:

• A company registered in Malaysia, is Malaysian-controlled and Malaysian-owned with at least 51% shareholding
• Meet the SME Corporation Malaysia’s definition of an SME
• Shareholding by Public Listed Companies and Government Linked Companies (if any) in the SMEs shall not exceed 20%

Maximum Loan Amount:

Aggregate of RM5 million per borrower group which includes:

• Facilities approved under any BNM Funds
• Any related companies with common shareholders unless the companies have different workforces

Purpose of Financing:

• Working Capital
• Capital Expenditure

Type of Facility:

• Term Loan
• Overdraft
• Letter of Credit or Trust Receipt
• Bills Purchased
• Bank Guarantee
• Export Credit Refinancing (ECR)
• Banker’s Acceptance
• Shipping Guarantee
• Hire Purchase
• Leasing

Guarantee Coverage:

Unsecured portion – ranges between 30% to 80% guarantee coverage

Secured portion - ranges between 30% to 90% guarantee coverage​​

Guarantee Fee:

Secured portion - Starting from 0.5% to 1.85% per annum

Unsecured portion - Starting from 0.8% to 2.15% per annum​​​