BizJamin/-i Mid-Tier Companies (MTC) Scheme

Benefits

  • Accessible to all MTCs: Available through major Participating Financial Institutions (PFIs). MTCs can apply for a CGC guarantee linked to their financing at the PFIs.
  • Comprehensive Coverage: Includes Term Financing, Cash Line Facilities, Trade Facilities and more.

 

Eligibility

  • Business Types: Open to Private Limited Companies and Public Limited Companies business entities.
  • Local Incorporation: Businesses must be locally incorporated or registered in Malaysia, with at least 51% Malaysian shareholding.
  • Annual Sales Turnover: Between RM50 million to RM500 million (for manufacturing) and between RM20 million to RM500 million (for services and other sectors)
  • Shariah Compliance: For the Islamic guarantee scheme, based on the Kafalah contract, businesses must maintain Shariah-compliance throughout the guarantee tenure.

Features

  • Purpose of Financing: Working Capital and/or Asset Acquisition and/or Financing Operations Cost and/or Renovation Cost (reimbursement basis) and/or Refinancing.
  • Guarantee Amount: Up to RM20.0 million per customer.
  • Guarantee Period: Up to 15 years.
  • Guarantee Coverage: Between 30% and 80%.
  • Base Guarantee Fee: Ranges from 0.50% to 1.50% per annum (with risk-based pricing subject to risk profiles).

 

Note: A higher guarantee fee rate may be charged based on the Borrower’s risk profile.

 

  • Financing Profit Rate: Up to 2.00% above the Base Financing Rate (BFR) of the PFIs.