1.
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Objective of The Scheme
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To assist viable companies with shareholders’ fund of not more than RM10.0 million to gain access to Working Capital financing. | |
Implementation Agency : |
Syarikat Jaminan Pembiayaan Perniagaan Berhad (SJPP) : to provide guarantee | | |
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2. | Purpose of Financing |
To meet the working capital needs of businesses (Refinancing of existing credit facilities in not allowed) | | |
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3. | Financing Limits |
Minimum |
:RM 50,000 |
Maximum |
:Aggregate financing of RM 10 million per company | | |
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4. | Financing Tenure | |
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Maximum tenure of Five (5) years or up to 31st December, 2015, whichever is earlier. | | |
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5. | Eligibility Criteria |
Legally registered Malaysian-owned companies (at least 51%) with shareholders fund of not more than RM10.0 million. | | |
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6. | Guarantee Coverage |
70% by the Government of Malaysia on the Financing Facility for any financing between RM50,000 to less than RM2.0 million only. |
50% by the Government of Malaysia on the Financing Facility for any financing from RM2.0million to RM5.0 million. | | |
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| Enquiry | Bank Pembangunan Malaysia Berhad (16562-K) | | Menara Bank Pembangunan | | Bandar Wawasan | | No 1016, Jalan Sultan Ismail | | 50250 Kuala Lumpur | | | | Tel | : | +60 3 2611 3888 | Fax | : | +60 3 2698 5701 | | |