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Name of Scheme Flood Relief Loan Guarantee Scheme ("FRLGS")
Scheme Limit RM500.0 Million only
Objective To help SME companies revive businesses that have been affected by the recent floods in the districts defined by Majlis Keselamatan Negara, Jabatan Perdana Menteri as flood disaster areas and as listed below:

Batu Pahat, Kluang, Kota Tinggi, Kulaijaya, Ledang, Muar, Pontian and Segamat

Bandar Baharu, Kota Setar, Kubang Pasu, Kulim, Padang Terap and Pendang

Bachok, Gua Musang, Jeli, Kuala Krai, Kota Bharu, Machang, Pasir Mas, Pasir Puteh, Tanah Merah and Tumpat

Bera, Jerantut, Kuantan, Lipis, Maran, Pekan, Rompin and Temerloh

Hilir Perak, Hulu Perak, Kerian, Kuala Kangsar, Manjung and Perak Tengah

Kota Belud, Kota Marudu, Kudat and Pitas

Kuching, Limbang, Mukah and Samarahan

Besut, Dungun, Hulu Terengganu, Kemaman, Kuala Terengganu, Marang and Setiu
Eligibility SME companies across all sectors incorporated under the Companies Act 1965 with at least 51% shares held by Malaysian and shareholders' fund below RM20.0 Million

Follow the new guideline on definition of SMEs published and endorsed by SME Corporation Malaysia and National SME Development Council respectively
Financing Limits Minimum: RM50,000.00 only

Maximum: Aggregate financing of RM2.0 Million only per company
Purpose of Financing For working capital, operating expense (OPEX) as well as for capital expense (CAPEX) to purchase equipment damaged. The facility cannot be used to refinance existing facility granted by the same or other Financial Institutions.

The participating Financial Institutions and SJPP will be responsible for determining the genuineness of the Borrower 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 granted by the participating Financial Institutions
Guarantee Fee 0.5% per annum payable upfront
Tenure of Financing Facility/Guarantee Tenure Up to 5 years or until 31st December 2020, whichever is earlier
Availability /Application Period Application is open for a period of six (6) months from 1 April 2015 or upon approval of financing up to Ringgit Malaysia Five Hundred Million (RM500 million )only, whichever is earlier
Participating Financial Institutions Open to all local and foreign financial institutions including development financial institutions under the purview of Bank Negara Malaysia