BizJamin SRF is a guarantee scheme to alleviate short-term cash flow problems faced by SMEs affected by the COVID-19 outbreak
Purpose of Loan
Note: Loan should not be used for refinancing of existing loan facilities
Type of Facility
Up to RM1.0 million per SME
Up to 3.5% per annum (inclusive of any guarantee fee)
Maximum 5.5 years, including 6 months moratorium on principal and profit
80% guarantee on loan amount by Credit Guarantee Corporation Malaysia Berhad (CGC)
0.50% per annum
No collateral is required
Participating Financial Institutions (PFIs)
Licensed Commercial and Prescribed Development Financial Institutions
- Malaysian SMEs affected by COVID-19, with at least 51% shares held by Malaysians.
- Business must be registered with the Companies Commission of Malaysia (SSM), or authorities /district offices in Sabah and Sarawak, or statutory bodies for professional service providers.
- SME definition as per the guideline issued by SME Corporation Malaysia (for details, please click here).
Application / Availability Period
6 March 2020 until 31 December 2020 or upon exhaustion of allocation, whichever is earlier.