Eligibility Criteria
SME¹ Companies in ALL sectors or industries
Manufacturing
Companies with sales turnover not exceeding RM50 million OR full-time employees not exceeding 200 workers.
Services and other sectors
Companies with sales turnover not exceeding RM20 million OR full-time employees not exceeding 75 workers.
Excludes:
- Entities that are public-listed on the main board; and
- Subsidiaries of:
- Public-listed companies on the main board;
- Multinational corporations (MNCs);
- Government-linked companies (GLCs);
- Syarikat Menteri Kewangan Diperbadankan (MKDs); and
- State-owned enterprises.
1 Meets the SME definition as issued by SME Corporation Malaysia. For more details on SME definition, please visit www.smecorp.gov.my
More details
Less details
Incorporated / Registered
- Companies Commission of Malaysia either under the Registrar of Business Act (1956) or Companies Registration Act 1965 and / or the Companies Registration Act 2016 or Limited Liability Partnership Act 2012; or
- Respective authorities or district offices in Sabah and Sarawak; or
- Respective statutory bodies for professional services providers
More details
Less details
Business Vintage
Business has been in operations for at least three (3) years
More details
Less details
Shareholding
Companies with at least 51% shares held and controlled by Malaysian Citizens residing in Malaysia.
More details
Less details
Note: The final approval on financing and guarantee granted is subject to Bank and SJPP credit assessment and discretion.
Customers who are interested can apply for guarantee schemes through our Relationship Managers.
Alternatively, you can leave your contact details by clicking on the I’m Interested button and our Relationship Managers will reach out to you.
Objective
Government Guarantee Schemes are the alternative solution for SMEs to obtain financing facilities without the need of providing collateral.
Note: These are general features of Government Guarantee Schemes. For details on each specific scheme, please refer to SJPP's website.
More details
Less details
Financing Purpose
- Working capital financing
- Capital expenditure (CAPEX) financing
More details
Less details
Facility Type
- Term Loan
- Overdraft
- Revolving Credit
- Trade
More details
Less details
Financing Rate
Up to BLR + 2.0% p.a. (depending on financing purpose and credit facility type)
More details
Less details
Financing Limit
Depending on guarantee scheme - up to RM 20 Mil1
More details
Less details
Guarantee Coverage
- Up to 80% coverage for SMEs
- Up to 90% coverage for Microenterprises
More details
Less details
Guarantee Fee
Up to 1% p.a. payable upfront
More details
Less details
Financing Tenure
Depending on guarantee scheme - up to fifteen (15) years, or until 31st December 2035, whichever is earlier.
More details
Less details
1 Subject to SJPP's aggregate group limit for all schemes under SJPP. Group is defined as companies under the same group by way of shareholding (holding 50% or more), directors (providing guarantees), related guarantors, and including Related Parties.
Note: The final approval on financing and guarantee granted is subject to Bank and SJPP credit assessment and discretion.
Customers who are interested can apply for this guarantee scheme through our Relationship Managers.
Alternatively, you can leave your contact details by clicking on the I’m Interested button and our Relationship Managers will reach out to you.
Objective
To assist SMEs and Mid-Sized Companies (MSC) during the current economic recovery phase.
More details
Less details
Eligibility
- Open to all entities1 (SMEs and Mid-Size Companies (MSC)) in all industries with annual revenue of not more than RM250.0 million based on their audited accounts (or relevant income tax returns where applicable) for any of the financial year ending 2019 or later:
i. Sole proprietorships owned by a Malaysian Citizen;
ii. Partnerships, and Limited Liability Partnerships controlled and majority owned by Malaysian Citizens; or
iii. Companies with at least 51% shares held and controlled by Malaysian Citizens
- And are duly registered with:
i. Companies Commission of Malaysia either under the Registrar of Business Act (1956) or Companies Registration Act 1965 and / or the Companies Registration Act 2016 or Limited Liability Partnership Act 2012; or
ii. Respective authorities or district offices in Sabah and Sarawak; or
iii. Respective statutory bodies for professional services providers
- Business has been in operations for at least three (3) years
More details
Less details
Financing Purpose
- Working capital financing
- Capital expenditure (CAPEX) financing
- Restructuring of existing financing facilities
More details
Less details
Facility Type
- Term Loan / Term Financing-i
- Overdraft / Cashline-i
- Revolving Credit / Revolving Credit-i
- Trade / Trade-i Facilities
More details
Less details
Financing Rate
From BLR – 0.5% p.a. to BLR + 2.0% p.a., depending on financing purpose and credit facility type
More details
Less details
Financing Limit
From RM100,000 to RM 20 Mil2
More details
Less details
Guarantee Coverage
- Working capital / Capital expenditure (CAPEX) financing
Up to 80% of the approved financing amount
- Restructuring of existing financing facilities
Guarantee Coverage = A x B x C, where:
A: 80%
B: 36 months (3 years)
C: Average monthly instalment for Year 2 and Year 3 of the restructured facility
More details
Less details
Guarantee Fee
Up to 1% p.a. payable upfront (depending on financing purpose and customer category)
More details
Less details
Financing Tenure
Up to 10 years
More details
Less details
Availability Period
Upon full utilisation of the Scheme limit of up to RM 20.0 billion
More details
Less details
1Excludes entities that are public-listed on the main board; and subsidiaries public listed companies on the main board, Government linked companies (GLC), Syarikat Menteri Kewangan Diperbadankan (MKD) or state-owned enterprises.
2 Subject to the aggregate group limit not exceeding RM20.0 million financing limit for all other schemes under SJPP including Special Relief Fund, Government Guarantee Scheme, Danajamin PRIHATIN Guarantee Scheme, Bus and Taxi Hire Purchase Rehabilitation Scheme, and this scheme. Group is defined as companies under the same group by way of shareholding (holding 50% or more), directors (providing guarantees), related guarantors, and including Related Parties.
Note: The final approval on financing and guarantee granted is subject to Bank and SJPP credit assessment and discretion.
Customers who are interested can apply for this guarantee scheme through our Relationship Managers.
Alternatively, you can leave your contact details by clicking on the I’m Interested button and our Relationship Managers will reach out to you.
To assist viable SMEs in all sectors to gain access to working capital and capital expenditure financing.
For SMEs in the core tourism and tourism related sectors impacted by the COVID-19 outbreak that are obtaining financing under the PENJANA Tourism Financing Package.
Note: The final approval on financing and guarantee granted is subject to Bank and SJPP credit assessment and discretion.
Customers who are interested can apply for this guarantee scheme through our Relationship Managers.
Alternatively, you can leave your contact details by clicking on the I’m Interested button and our Relationship Managers will reach out to you.
