- Malaysian controlled or Malaysian-owned businesses
- A business enterprise based on the SME definition by BNM
FINANCING
CGC Scheme - BizJamin / -i & Flexi Guarantee Scheme / -i
Assisting entrepreneurs with viable projects but lacking collateral to obtain financing from Bank.
Types of Facility
- Term Loan (TL) / Commodity Murabahah Term Financing-i (CMTF-i)
- Overdraft (OD) / Cash Line-i (CL-i)
- Tradelines / Tradelines-i
Guarantee Coverage
- Ranging from 30% to 80% on unsecured portion with maximum cover of up to RM3.0 million.
- Ranging from 30% to 90% on secured portion with no maximum capping.
Duration of Guarantee Cover (BizJamin)
- For TL / CMTF-i, the Guarantee Cover shall remain in force up to the maturity date of the facilities.
- For OD / CL-i the guarantee cover shall be for a maximum of two (2) years from the date of the Letter of Guarantee and is subject to periodical review.
Duration of Guarantee Cover (FGS)
- Guarantee cover is not required to be reviewed/renew
- The tenure of Letter of Guarantee is to follow BNM fund
Guarantee Fee (BizJamin)
- Unsecured portion: 2.40% - 4.00%
- Secured portion: 2.1% - 3.20%
Security Requirement
- Joint and Several Guarantee of all the directors (applicable to Sdn Bhd)
- Corporate Guarantee to be obtained from parent company (if applicable)
- CGC guarantee
Locate a Branch
Find a Maybank branch nearby you