Applying for Government Guarantee Schemes

  • SMEs to apply financing facilities from participating FIs
  • SJPP does not provide any financing or credit facilities

  • FIs will review credit applications
  • In the event SMEs lack or do not have any collateral, FIs will submit scheme applications to SJPP directly

  • SJPP will review scheme applications for approval and revert to FIs
  • Any further conditions/ requirement will be communicated to the FIs, and subsequently to the SME
  • Up to 1% guarantee fee will be applied for the guarantee coverage