Automation Process Guarantee Scheme (APGS)


To assist SME companies in all sectors to gain access to financing from participating FIs (FIs) to automate production processes and reduce employment of foreign workers

Financing type
Financing rate

Determined by participating FIs

Participating FIs: All Commercial Banks, Islamic Banks and Development FIs under purview of BNM

Financing tenure

For a period of up to thirteen (13 years) or until 31 December 2030, whichever is earlier

Financing amount (max)

From RM100,000 to RM 5.0 million

Guarantee Coverage

70% guarantee by the Government of Malaysia on the financing obtained

Guarantee Fee

1.0% per annum payable upfront (GST applicable)

Type of facility

Term loan/Term Financing, Overdraft, Trade facility

Purpose of Financing
Eligibility criteria
  • The company is incorporated under the Companies Act 1965 and/or Companies Act 2016; 
  • The company must be at least 51% owned by a Malaysian; 
  • Shareholders’ fund is below RM 20.0 million
Application procedure
  • Application open from 1st January 2018 and upon full utilisation of the scheme limit of up to RM 1.0 billion only or upon expiry of the guarantee tenure on 31 December 2030, whichever is earlier
  • Ensure that their business qualifies for the financing facility by consulting their bankers or any participating FIs in this WCGS-SU Scheme. 
  • Apply for the financing facility at the participating FIs. 
  • Provide the necessary documents required by the participating FIs. 
  • After the financing facility is approved by participating FIs, a copy of full financing paper will be submitted to SJPP for the guarantee cover.
For further information

Syarikat Jaminan Pembiayaan Perniagaan Berhad (851317-W) 
Tingkat 12, Bangunan Setia 1, 15 Lorong Dungun, Bukit Damansara 50490 Kuala Lumpur Malaysia Email: 
Tel: +603 2096 5000
Fax: +603 2096 8981