BizBina-i

BizBina-i

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Objective

BizBina-i is a direct financing scheme that is catered specifically for businesses that are affected by COVID-19 pandemic and/or natural disaster.

Purpose of Financing

Working Capital and/or Asset Acquisition

 Note: Financing should not be used for refinancing of existing financing facilities

Eligibility Criteria

  • Exclusively for CGC’s existing financing customers* that are affected by COVID-19 pandemic and/or natural disaster;
  • Meet the SME Corporation Malaysia’s definition of an SME (for details, please click here);
  • Must be a Malaysian-controlled and Malaysian-owned (at least 51% shareholding) business

Financing Amount

  • Minimum: RM20,000
  • Maximum: RM200,000

Type of Facility

Term Financing

Financing Rate

Effective Profit Rate: 3.50% per annum

Financing Tenure

Up to 5 years and 6 months (including a moratorium period of 6 months on both principal and profit)

Application Procedures

  • Application form is available at all CGC’s branches or Click here to download Application Form.
  • The complete application form together with all supporting documents can be submitted to any CGC branches.

*Terms and Conditions apply.

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We wish to inform that CGC does not appoint any Third Party to act for and/or on behalf of CGC with regard to its products and services.

In the event you are approached by a Third Party impersonating as an agent of CGC or purporting to be CGC's representative or have any information in relation to the same, please alert / contact us at:

Client Service Centre - https://www.cgc.com.my/client-service-centre/
CGC Branches - https://www.cgc.com.my/cgc-branches/