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Name of Scheme Working Capital Guarantee Scheme - Bumiputera (“WCGS-BUMI”)
Objective To assist SME Bumiputera companies in all sectors to gain access to financing from participating Financial Institutions (FIs)
Scheme Limit RM1.0 billion (on a non-revolving basis until expiry of the Scheme)
Eligibility Open to all SMEs Bumiputera companies in all sectors incorporated under the Registration of Business Act 1956, Companies Act 1965 and/or Companies Act 2016, Limited Liability Partnership Act 2012, Sabah and Sarawak local authorities and district offices and Statutory Bodies that provide professional services with at least 51% shares held by Malaysian Bumiputera

(As per Guideline for SME Definition issued by SME Corp. Malaysia and endorsed by the National SME Development Council, SMEs are companies with sales turnover not exceeding RM20.0 million (non-manufacturing) / RM 50.0 million (manufacturing) OR full-time employees not exceeding 75 workers (non-manufacturing)/ 200 workers (manufacturing)
Purpose of Financing The facility is to be used for working capital as well as for capital expenditure (CAPEX) and cannot be used to refinance existing facility granted by the same or other participating Financial Institutions (“FIs”) 
The participating FIs and/or SJPP will be responsible for determining the genuineness of the borrower/customer based on their respective credit evaluation procedures
Guarantee Coverage 70% guarantee to the financing obtained from the participating FIs (including principal and interest/profit) by the Government of Malaysia
Guarantee Fee 0.75% per annum payable upfront
Financing Limit Minimum: RM100,000.00 only
Maximum: RM3.0 million only
Tenure of Financing For a period of seventeen (17) years or until 31st December 2035, whichever is earlier
Interest /Profit Rate Determined by participating FIs
Type of Facility Term Loan/Term Financing, Overdraft/Cash Line-i, Trade Facility and Commercial Card
Participating Financial Institutions Open to all Commercial Banks, Islamic Banks and Development Financial Institutions under the purview of Bank Negara Malaysia
Source of Funds From the participating FIs
Availability / Application Period Opened from 1st January 2019 and upon full utilisation of the scheme limit of up to Ringgit Malaysia One Billion (RM1.0 billion) only or upon expiry of guarantee tenure on 31st December 2035, whichever is earlier