RMK10 Working Capital Guarantee Scheme

Eligibility Criteria

• For legally registered Malaysian-owned companies (at least 51%) in all economic sector, with shareholders equity of not more than RM10 million.
• Financing limit; RM50,000-00 to RM5 million per company.
• Guarantee Cover:
  • 70% - for facility between RM50,000-00 and RM2 million.
  • 50% - for facility between RM2 million and RM5 million.
• Distribution: RM3 billion, with at least RM1.5 billion to be reserved for Bumiputra companies (at least 51% shares @ 31/12/2010 are held by bumiputra).
• Guarantee Fee: 0.75% per annum payable upfront on the guaranteed amount, subject to minimum RM500.00.
• Financing tenure: Up to 5 years but shall not exceed 31 December 2015.
• Commencement Date; 02/01/2011 to 31/12/2011 or upon full utilization of the RMK-10 WCGS scheme fund of RM3 billion, whichever is earlier.