Business Loan Schemes

SME GOVERNMENT LOAN

Facilities
--   Term loan / Overdraft / Tradeline
--   Loan amount: RM100,000 to RM3,000,000

Financing Cost
--   Interest rate: 4% to 6% p.a. (Reducing method)
--   CGC guarantee fee: 1% to 3% p.a.
--   1% commitmment fee for non utilization of OD balance
--   Monthly rest for term loan

Tenure
--   5 years

Eligibility Criteria
--   Annual sales turnover > RM500,000 but < RM25 Million OR Full-time employees < 150 people
--   Shareholder's fund < RM2 Million
--   Malaysian owned > 51% shareholding
--   Not affiliates and subsidiaries of GLCs and PLCs
--   Company in operation for at least 2 years but less than 7 years. If more than 7 years, the net profit margin for the last 2 years must be < 3%.
--   Paid-up capital >= RM100,000

Securities
--   Collateral: Yes. Ratio range from 1:3 until 1:5
--   Directors / Owner personal guarantee / Third party guarantee / other guarantee

Processing Period
--   2 to 3 months





SME CGC LOAN

Facilities
--   Term loan / Overdraft / Tradeline
--   Loan amount: RM100,000 to RM500,000

Financing Cost
--   Interest rate: 6% to 8% p.a. (Straight line method)
--   CGC guarantee fee: No
--   1% commitment fee for non utilization OD balance
--   Monthly rest for term loan

Tenure
--   5 years

Eligibility Criteria
--   Annual sales turnover > RM500,000 but < RM25 Million OR Full-time employees < 150 people
--   Malaysian owned > 51% shareholding
--   Company in operation for at least 2 years
--   Paid-up capital > RM100,000

Securities
--   Collateral: No
--   Directors / Owner personal guarantee / Third party guarantee / other guarantee

Processing Period
--   1 to 2 months





CGC CREDIT ENHANCER

Facilities

--   Term loan / Overdraft / Tradeline
--   Loan amount: RM100,000 to RM1,000,000

Financing Cost
--   Interest rate: BLR + 1.25% to 2% p.a. (Reducing method)
--   CGC guarantee fee: 2% to 4% p.a.
--   1% commitment fee for non utilization OD balance
--   Monthly rest for term loan

Tenure
--   5 years

Eligibility Criteria
--   Annual sales turnover > RM500,000 but < RM25 Million OR Full-time employees < 150 people
--   Malaysian owned > 51% shareholding
--   Company in operation for at least 2 years
--   Paid-up capital > RM100,000

Securities
--   Collateral: Yes. Ratio range from 1:3 to 1:4
--   Directors / Owner personal guarantee / Third party guarantee / other guarantee

Processing Period
--   2 to 3 months