Government Guarantee Relief Scheme MADANI (GGRSM)

Scheme Objectives:
To provide assistance to Small and Medium Enterprises (SMEs) affected by ongoing geopolitical developments and energy-related disruptions, by providing Government guarantees to the Financial Institutions (FIs) for the financing that are provided to the SMEs in the following focus sectors / industry / segments:
1. Tourism
2. Agriculture and Agri Food
3. Construction
4. Logistic and Transportation

Eligibility:
Open to SMEs from the 4 sectors mentioned above (Reference to the guidelines* for the definition of SMEs issued by SME Corp Malaysia and certified by the National SME Development Council)

Purpose of Financing:
- Working Capital
- Capital Expenditure (CAPEX)
Both financing purposes are strictly for new financing only. The facility shall not be used to refinance any existing facilities granted by the same or any other FIs.

Type of Facility:
Term Loan / Term Financing-i, Overdraft / Cash Line-i, Revolving Credit / Revolving Facility-i, Hire Purchase / Industrial Hire Purchase and Trade / Trade-i Facility including Promissory Note / Promissory Note-i, and Bank Guarantee / Bank Guarantee-i

Financing Limit*:
- Up to RM20 million for each Small and Medium Enterprise (SME) entity
- Up to RM50,000 for each Micro Enterprise
*This is subject to the aggregate group limit not exceeding RM50.0 million financing limit for all other schemes under SJPP including Danajamin Prihatin Guarantee Scheme (DPGS), Bus and Taxi Hire Purchase Rehabilitation Scheme (BTHPRS) and this scheme. Group is defined as companies under the same group by way of shareholding (holding 50% or more), directors (providing guarantees), related guarantors and including Related Parties

Interest/ Profit Rate:
Not exceeding FI’s Base Lending Rate (BLR) / Base Financing Rate (BFR) + 2.0%

Availability:
Applications are open until 31 December 2026 or until full utilisation of the scheme limit, whichever is earlier