Government Guarantee Scheme - Prihatin (GGS-Prihatin)

  • Scheme Limit:
    RM6.0 billion
  • Tenure of Financing:
    Financing for <= 10 years
  • Availability/ Application Period:
    Open for applications until 31st December 2020, or upon full utilisation of the scheme limit of up to RM6.0 billion only, whichever is earlier
  • Purpose of Financing:
    • Working Capital
    • Capital Expenditure

    This guarantee scheme cannot be used to refinance existing facility granted by the same or other participating financial institutions
  • Type of Facility:
    Term Loan/ Term Financing, Overdraft/ Cash Line-i, Trade Facilities and Commercial Card
  • Financing Limit:
    Minimum: RM75,000.00 only
    Maximum: RM20.0 million only
  • Guarantee Coverage:
    80% guarantee of the financing obtained from the participating Financial Institutions (including principal and interest/profit) by the Government of Malaysia
  • Guarantee Fee:
    • For aggregate financing limit up to RM10.0 million - 0.75% per annum payable upfront
    • For aggregate financing limit above RM10.0 million and up to RM20.0 million - 1.0% per annum payable upfront
  • Source of Funds/ Financing Facility:
    From the participating financial institutions or Bank Negara Malaysia
  • Interest/ Profit Rate:
    Determined by participating financial institutions