Frequently Asked Questions (FAQ)

PEMULIH Government Guarantee Scheme (PGGS)

What is the objective of PGGS?

The PEMULIH Government Guarantee Scheme (PGGS) is a government guarantee scheme to provide financing assistance to Malaysian SMEs and Mid-Size Companies (MSC) via:

  • New Financing (especially to large SMEs and MSC); and
  • Restructuring of current financing facilities with moratorium and extension of tenure, as well as further funding of working capital to revitalise their business, if necessary


What are the available Government Guarantee Schemes (“GGS”) under SJPP?

There are six (6) GGS available namely:

  • Working Capital Guarantee Scheme (WCGS)
  • Working Capital Guarantee Scheme - Start Up (WCGS-SU)
  • Working Capital Guarantee Scheme - Bumiputera (WCGS-B)
  • Working Capital Guarantee Scheme - Export (WCGS-X)
  • Working Capital Guarantee Scheme - Women (WCGS-W)
  • Automation & Digital Guarantee Scheme (ADGS)
Bus and Taxi Hire Purchase Rehabilitation Scheme (BTHPRS) managed by Syarikat Jaminan Pembiayaan Perniagaan Berhad (SJPP)
What is the objective of BTHPRS?

The Bus and Taxi Hire Purchase Rehabilitation Scheme (BTHPRS) is a special government guarantee scheme to assist eligible bus and taxi operators by providing a loan servicing moratorium of up to 12 months and an extended repayment period to mitigate the impact of the COVID-19 pandemic and MCO on their businesses.

On behalf of the Government, SJPP will provide a guarantee coverage to participating Financiers providing Hire Purchase, Credit Leasing and Services for 50% of the balance outstanding (excluding any penalty interest, late payment charges, other charges and guarantee fee advanced) of the restructured Hire Purchase Facilities by eligible Hirers.

When can the participating FIs submit a claim on the guarantee? (Claim validity period).

A Notice of Termination has to be issued first to the borrower followed by the Claim Notice. Both Notices must be made within the validity period of the Guarantee.