Frequently Asked Questions (FAQ)

Applications

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

There are four (4) GGS available namely:

  • Working Capital Guarantee Scheme (“WCGS”)
  • Working Capital Guarantee Scheme Start Up (“WCGS-SU”)
  • Working Capital Guarantee Scheme Bumiputera (“WCGS-B”)
  • Automation Process Guarantee Scheme (“APGS”)
Claims
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.