To allow the Small &
Medium Enterprises (SMEs) to approach Credit Guarantee Corporation
(CGC) directly to obtain guarantee and financing.
•
Reduce the processing
time for loan approval and disbursement.
•
Allow CGC to develop
better rapport and understanding of the needs and requirements
of the SMEs and enable CGC to provide better financial and
other related services in the development of SMEs.
Eligibility
•
All Malaysian owned
and controlled private limited companies registered under
the Companies Act 1965.
•
Paid-up capital or
shareholders fund between RM50,000 and RM2.5 million.
•
Going concern and viable
business.
Purpose of Loan
For financing working
capital and/or asset acquisition.
Ineligibility
•
Adverse record with
CGC or any Financial Institution - CTOS & FIs
•
Listed under Biro Maklumat
Cek (BMC)
Types of Facility
•
Overdraft (OD)
•
Term Loan (TL)
•
Trade Lines
•
Any other credit facilities determined from
time to time by CGC
Loan Amount
•
Maximum RM1 million
•
Minimum RM50,000
Repayment Period
•
Overdraft: Maximum 5 years
•
Term Loan: Maximum 5 years
•
Other credit facilities determined from time
to time by CGC
