Objective
To assist viable companies with shareholder equity below RM20 million, to gain access to financing, to maintain their operations under the current challenging economic environment.

Eligibility criteria
Legally registered Malaysian-owned companies (at least 51%) in all economic sectors, with shareholder equity below RM20 million.

Financing limits
Minimum: RM100,000.
Maximum: RM1 million per company.

Purpose of financing:
The Scheme granted shall be for the purpose of financing business activities and not to refinance existing credit facilities.

Interest/financing rates
BLR + 1.25% to 2.0%. (Current BLR = 6.30%)

Source of funds
Participating financial institutions.

Guarantee cover
SPV, which is fully backed by the Malaysian Government will provide 70% automatic guarantee cover on approved limit for SMEs / SMIs.
Financing risk on the remaining 30% will be borne by the participating financial institution.

Guarantee fee
0.75% p.a. on the guarantee coverage amount or minimum RM500/- p.a.

Loan tenure
Up to 5 years.