Eligibility Criteria & Maximum Loan Limit
- Malaysian-controlled or Malaysian-owned businesses.
- Must fall within the definition of SMEs
- Borrower must have a good credit record
- Franchise businesses can apply under this scheme
- Loan of up to RM10 Million
The annual lending rate is up to 2% above the Base Lending Rate (BLR) of the lending institutions.
* Lending institutions are free to quote the lending rate if the guarantee cover is 50% or less.
The CGC guarantee coverage ranges from between 30% to 90% subject to the following:-
SME with higher risk profiles will be charged higher guarantee fees, whereas SMEs with lower risk profiles will be charged lower guarantee fees. The range observed is to match borrower's credibility in terms of risk rating with the pricing of the guarantee.
For other schemes, please log on to www.iguarantee.com.my