Guarantee Government Scheme MADANI 2 (GGSM2)

• Eligibility:
  Open to Small and Medium Enterprises (SMEs) companies from all sectors:

  1. Sole proprietorships owned by a Malaysian Citizen;
  2. Partnerships, and Limited Liability Partnerships controlled and majority owned by Malaysian Citizens; or
  3. Companies with at least 51% shares held and controlled by Malaysian Citizens

  
  Which are duly registered with:

  1. Companies Commission of Malaysia either under the Registration of Business Act (1956) or the Companies Act (1965/ 2016) or Limited Liability Partnership Act (2012); or
  2. Respective authorities or district offices in Sabah and Sarawak; or
  3. Respective statutory bodies for professional services providers

  
  Excluding:

  1. Entities that are public-listed on the main board, Government-linked companies (GLCs), Syarikat Menteri Kewangan Di Perbadankan (MKDs), and State-owned enterprises
  2. Subsidiaries with at least 51% shares of the entities, mentioned in No. 1 above
  3. Business entities where shareholders/ directors/ owners are civil servants, who are currently in service, except with prior written approval from the employer – Majikan/ Ketua Jabatan

   

• Type of facility

  • Term Loan
  • Overdraft
  • Revolving Credit
  • Trade

   

• Financing Purpose

  • Working capital Financing for New Financing
  • Capital expenditure (CAPEX) for New Financing

  Note : Refinancing of existing facility by the same or other financial institutions is not allowed.

   

• Financing Limit

  • Up to RM 20.0Million per company for all other sectors

   

• Guarantee Coverage

  • Up to 80% guarantee coverage for all other sectors

   

• Guarantee Tenure
  Up to 10 years or until 31 December 2035, whichever is earlier. [This is subject to the aggregate group limit (including related parties) not exceeding RM 50.0Million financing limit for all other schemes under SJPP (present and future schemes) including DPGS, BTHPRS and this scheme]

• Availability Period
  Available until 31 December 2025 or until full utilization of the funds, whichever is earlier.

Note : The final financing approval is subject to the Bank and SJPP credit assessment and discretion.

Customers who are interested can apply for this guarantee scheme through our Relationship Managers. Alternatively, you can leave your contact details by clicking on the “Get In Touch” button and our Relationship Managers will reach out to you soon.