About Government Guarantee Schemes

SMEs face many hurdles in obtaining access to credit facilities including difficulties in providing sufficient collateral, and facing high costs of funding. Government Guarantee Schemes are the alternative solution for SMEs to obtain financing facilities without the need of providing collateral as required by most financial institutions. The Government of Malaysia will guarantee or cover the financial institutions for the credit facilities provided to the SMEs of up to 80% coverage.

For 2021 onwards, there are 6 guarantee schemes that are available at 21 participating financial institutions up to the year 2035, or until the scheme limits have been fully utilised: