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Name of Scheme 10MP Working Capital Guarantee Scheme ("10MP WCGS")
Scheme Limit RM3.0 Billion only, including RM1.5 Billion reserved for Bumiputera companies.
Objective To assist viable companies to gain access to financing from Financial Institutions and in turn, spur economic growth under the 10th Malaysian Plan (10MP)
Eligibility For small and medium enterprise companies from all sectors and incorporated under the Companies Act 1965 with at least 51% of its shares are held by Malaysian and shareholder's fund below RM20.0 Million.
Financing Limits Minimum: RM50,000.00 only; and

Maximum: Aggregate financing of RM5.0 Million only per company
Purpose of Financing For working capital and capital expenses (CAPEX) related to business and not for refinancing of existing facility by the same or other Financial Institutions.

The participating Financial Institutions and SJPP will be responsible for determining the genuineness of the Customer(s)/Borrower(s) based on their credit evaluation policies and procedures.
Interest Rates/Profit Rate/Commission/Fees To be determined by the participating Financial Institutions
Source of Funds From the participating Financial Institutions
Guarantee Coverage 70% by the Government of Malaysia on Financing Facility from RM50,000 to less than RM2.0 Million granted by the participating Financial Institutions.

50% by the Government of Malaysia on Financing Facility from RM2.0 Million to RM5.0 Million granted by the Financial Institutions.
Guarantee Fee 0.75% per annum payable upfront
Tenure of Financing Facility/Guarantee Tenure Up to 5 years or until 31st December 2015, whichever is earlier

For Bumiputera companies, up to 5 years or until 31st December 2018, whichever is earlier
Availability /Application Period The allocation for both Bumiputera and Non Bumiputera companies were fully utilized and closed
Participating Financial Institutions Open to all local and foreign financial institutions including development financial institutions under the purview of Bank Negara Malaysia