BizSME Scheme
Objectives
Financing to grow your business which offers a longer loan tenure at competitive rates
Financing type
GuaranteeFinancing rate
Base Lending Rate + 0% per annum (BLR +0%)
Financing tenure
Up to 7 years
Financing amount (max)
From RM 50,000 to RM 500,000
Guarantee Fee
- Secured: 0.50% to 3.60% p.a.
- Unsecured: 0.75% to 5.75% p.a.
Type of facility
Term Loan & Overdraft
Purpose of Financing
Working Capital
Eligibility criteria
- Malaysian-controlled or Malaysian-owned (at least 51% shareholding) company
- Meet National SME Development Council’s (NSDC) SME definition as stated in www.cgc.com.my
- Key person aged more than 25 years and less than 65 years at the point of application
- Min 1 year in operation
- Key person must have at least 3 years’ experience in similar industry inclusive of the current business.
Application procedure
Application form is available at All CGC’s branches; or CGC website.
For further information
Client Service Centre
Credit Guarantee Corporation Malaysia Berhad (12441-M)
Tel: 03-7880-0088
Fax: 03-7806-3308
Email: csc@cgc.com.my