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Government Guarantee Scheme MADANI (GGSM)

Government Guarantee Scheme MADANI (GGSM) is a new guarantee financing scheme provided by Syarikat Jaminan Pembiayaan Perniagaan (SJPP) with the aim to revitalise Malaysian SMEs and MSCs with annual revenue not exceeding RM500 million.

Features & Benefits

Objective

  • Government Guarantee Scheme MADANI (GGSM) provides financing to eligible Malaysian SMEs and MSCs for all economic sectors with a focus on:
    (a)    High Technology;
    (b)    Agriculture;
    (c)    Manufacturing; and
    (d)    Tourism

Loan/Financing Purpose

  • For new loan/financing only:
    (a)    Working capital; or 
    (b)    Capital Expenditure (CAPEX).

GGSM cannot be used to refinance existing facilities granted by the same or other Financial Institutions.

Loan/Financing Rate

Not exceeding Base Loan Rate (BLR)/Base Financing Rate (BFR) + 2.0% per annum

Guarantee Tenure

Up to 10 years or until 31 December 2035, whichever is earlier.

Application Period

Applications are open until 31 December 2024 or until full utilisation of the funds, whichever is earlier.

Loan/Financing Limit

1. Up to RM30 million per company for the following four (4) sectors:
    (a)    High Technology;
    (b)    Agriculture;
    (c)    Manufacturing; and
    (d)    Tourism

2. Up to RM20 million per company for all other sectors.

Guarantee Coverage

1. Up to 90% for the four (4) focus sectors (capped at RM10 million per company).
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2. Up to 80% for all other sectors.

Collateral

No collateral required.

Terms and conditions apply.

Eligibility

  • Malaysian controlled or owned business;
  • Business must be in operation for a minimum of 3 years; and
  • For Islamic Financing, the nature of the business must be Shariah-compliant.

Important Information

Conventional 
•    Term Loan
•    Overdraft (OD)
•    Trade Facilities

Islamic
•    Term Financing-i
•    Tawarruq Cashline-i (Tawarruq CL-i)
•    Islamic Trade Facilities


Important Information

  Conventional 
•    Term Loan
•    Overdraft (OD)
•    Trade Facilities

Islamic
•    Term Financing-i
•    Tawarruq Cashline-i (Tawarruq CL-i)
•    Islamic Trade Facilities


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