Eligibility Criteria

• Must be an SME per National SME Development Council’s (NSDC) definition..
• Business registered in Malaysia and is Malaysian-controlled and Malaysian-owned (at least 51% shareholding).
• Open to CGC’s existing customers under Full Risk Scheme and Direct Financing.
• Existing borrowers of CGC (Full Risk Scheme and Direct Financing) located in towns or districts defined as a disaster area by National Security Council, Prime Minister’s Department or deemed as a disaster area by CGC.

Financing Amount

• • Min. – RM20,000
  • Max. – RM200,000

* Depending on eligibility of each customer.

Type of Facility

• Term Financing only

Purpose of Financing

Working Capital and/ or Asset Acquisition
• Repairs and purchases of assets for commercial use to replace those damaged during disaster and working capital only.
• The facility should not be used to refinance existing credit facility.

Financing Rate

• 5.80% per annum

Tenure

• Maximum up to five (5) years, including moratorium period during the first 6 months; with profit servicing only.

Scheme availability period

• • Within 6 months from the declaration of each natural disaster.

Application Procedures

• Application form is available at all CGC’s branches or click here to download Application.
• The complete application form together with all supporting documents can be submitted to any CGC branches.