3. What is special about the CGC Guarantee Schemes?
- When you apply for a loan or any other credit facility to be covered by CGC, the lending institution does the processing and evaluation and will take you through the necessary steps to obtain the required CGC guaranteed loan or credit facility. There is no need for a separate application.
- The CGC guarantee provides the necessary comfort to the lending institutions, which enables you to obtain financing according to the viability of your business and maximises the value of the collateral offered, if any.
- CGC is always sensitive to business trends and changing conditions in meeting the needs of small and medium-sized Malaysian businesses as and when the need arises.