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Credit Guarantee Corporation Malaysia Berhad (CGC)
The CGC is the sole provider of guarantee schemes and ancillary services to help SMEs with too little, or no collateral, to get loans from financial institutions.
There is now a CGC branch in every state, except Perlis.
Information on its services is also available through iGuarantee, its web service portal: http://www.iguarantee.com.my/iguarantee/index.htm
Among the CGC’s services are :
Direct Access Guarantee Scheme (DAGS) – allows SMEs to apply for guarantee cover directly to CGC branches nationwide; and
Business Advisory Services Entity (BASE) to help SMEs to engage advisory services.
CGC can be contacted at :
Level 13-16, Bangunan CGC,
Kelana Business Centre
97, Jalan SS7/2,
47301 Petaling Jaya
Selangor Darul Ehsan
Tel: 03-78062300 Fax : 03-78063308
E-mail : mailbox@cgc.gov.my
Eligibility Criteria
• Must fall within the definition of SMEs ( for details, please click here )
• The company should be Malaysian owned and controlled private limited companies registered under the Companies Act 1965.
• No adverse record with CGC or other Financial Institutions or listed under Biro Maklumat Cek.
• All legal business activities under "Sdn Bhd", partnership or sole proprietorship.
• A start-up company may apply provided a satisfactory and reasonable cash flow indicating repayment capacity of about 1.5 times.
• Franchise businesses can apply under this scheme.
Joint us as a member of JUTALINE, you will enjoy the service of a group of our professional consultants in providing you with our professional advise through our web and emails.
Why hassle with the research of the rules and regulations, engage us to conduct on the necessary research just for you.
Join us now!
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