BizJamin-i Scheme

Eligibility Criteria

  • A company registered in Malaysia, is Malaysian-controlled or Malaysian-owned businesses with at least 51% shareholding.
  • Must fall within the definition of SMEs (for details, please click here).
  • Customer must have a good credit record.
  • All viable business involved in ‘halal’ activities.


Maximum Financing Limit

Financing of up to RM10.0 million.


Financing Facilities Covered

  • Term Financing-i
  • Cash Line Facility-i
  • Letter of Credit-i
  • Trust Receipt-i
  • Bills Purchased-i
  • Bank Guarantee-i
  • Export Credit Refinancing-i
  • Accepted Bills-i
  • Shipping Guarantee-i
  • Hire Purchase-i
  • Leasing-i
  • Any other financing facilities determined from time to time by CGC


Profit Rate

The annual profit rate is up to 2% above the Base Financing Rate (BFR) of the participating financial institutions. *Financial institutions are free to quote the profit rate if the guarantee cover is 50% or less.

Participating Institutions

Participating Development Financial Institutions (DFI) and Islamic Banks.


Guarantee Coverage

The CGC guarantee coverage ranges from between 30% to 90% subject to the following:-

  • Unsecured Portion – Up to 80% (a maximum cover of RM3.0 million).
  • Secured Portion – Up to 90% (no capping imposed on secured portion).


Guarantee Fee

  • Unsecured Portion: 0.75% to 4.00% per annum.
  • Secured Portion: 0.50% to 3.20% per annum. SMEs with higher risk profiles will be charged higher guarantee fees, whereas SMEs with lower risk profiles will be charged lower guarantee fees. The range observed is to match the customer’s credibility in terms of risk rating with the pricing of the guarantee.

i) Payment of Guarantee Fee

  • New Letter of Guarantee (LG) – Payable upon request for LG by Financial Institution (FI) but subject always to full payment of the Guarantee Fee & GST.
  • Anniversary LG – Payable on or before LG anniversary date, together with the annual Guarantee Fee & GST.

ii) Refund of Guarantee Fee

  • Refund of guarantee fee will be pro-rated on monthly basis and applicable for LG cancelled or amended by CGC based on unutilized period of the LG.
  • The utilized period is calculated from the month of LG/anniversary LG until the month of receipt of cancellation/ approval of amendment by CGC.