Wednesday, 24 January 2018, 7 Jamadilawal 1439H Solat Time:
KL Imsak 5:57 | Subuh 6:07 | Syuruk 7:25 | Zohor 1:28 | Asar 4:50 | Maghrib 7:25 | Isyak 8:38

Service Sector Guarantee Scheme (SSGS)

  • To assist Small and Medium Enterprises (SMEs) under service sectors to gain access to financing.
Eligibility Criteria
  • SME companies incorporated under Companies Act 1965 with at least 51% shares held by Malaysian.
  • Shareholder fund of not more than RM 20.0 million based on their latest audited accounts of not more that 18 months prior to date of application.

SME Definition

  • Services and other sectors: Sales turnover not exceeding RM20 million OR full-time employees not exceeding 75 workers.
Purpose of Financing
  • Working Capital Financing
  • Capital Expense (CAPEX) Financing

(shall not be used to refinance existing facilities)

Financing Limit
  • Minimum: RM100,000
  • Maximum: Aggregate financing of RM5.0 million only per company
Financing Tenure
  • Up to 5 years but shall not exceed 31st December 2020, whichever is earlier
Guarantee Cover
  • 70% guarantee cover on financing facility amount
Guarantee Fee
  • 1.0% p.a. on the guarantee cover payable upfront annually in advance (subject to minimum of RM1,000).
Scheme Availability Period
  • 1st April 2015 up to 31st December 2017 or upon approval of RM5.0 billion, whichever is earlier.


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