BizJamin/-i Mid-Tier Companies (MTC) Scheme

BizJamin/-i Mid-Tier
Companies (MTC) Scheme

Financing Purpose

To finance for the following purposes:

Working Capital; and/or
Asset Acquisition; and/or
Financing operations cost; and/or
Renovation cost (reimbursement basis); and/or
Refinancing*
*Note: Refinancing or redemption of Customer’s existing financing facility(ies) within same FI or from other FI. For refinancing / redemption within same FI is subject to additional financing granted to avoid restructuring facility.

Note: For Islamic financing, financing of the purposes and nature of business must be in line with Shariah compliance requirements.

Financing Facilities

This scheme is applicable for various facilities as follows:-

Term Loan/Term Financing-i
Revolving Facilities:_
- Overdraft (OD) /Tawarruq Cashline-i
- Trade Facilities/Islamic Trade Facilities

Features & Benefits

Objective

BizJamin/-i MTC Scheme, offered by CGC Berhad, is designed to support conventional loan and/or Shariah-compliant financing from the Bank, helping mid-tier company entrepreneurs strengthen their competitiveness in the market. This scheme improves your access to financing for a wide range of needs, including working capital, asset acquisition, and refinancing.

Financing Purpose

To finance for the following purposes:

Working Capital; and/or
Asset Acquisition; and/or
Financing operations cost; and/or
Renovation cost (reimbursement basis); and/or
Refinancing*
*Note: Refinancing or redemption of Customer’s existing financing facility(ies) within same FI or from other FI. For refinancing / redemption within same FI is subject to additional financing granted to avoid restructuring facility.

Note: For Islamic financing, financing of the purposes and nature of business must be in line with Shariah compliance requirements.

Financing Facilities
This scheme is applicable for various facilities as follows:-

Term Loan/Term Financing-i
Revolving Facilities:_
- Overdraft (OD) /Tawarruq Cashline-i
- Trade Facilities/Islamic Trade Facilities

Financing Rate

Based on the Bank’s assessment and approval as well as guarantee coverage provided by CGC.

Financing and Guarantee Tenure

Financing tenure will be subject to Bank’s assessment and approval.
Guarantee coverage for Term loan/Term Financing-i and Revolving Facilities will be up to maximum 15 years.

Financing and Guarantee Amount

Minimum financing amount of RM 5 million up to maximum of RM 20 million subject to Bank’s assessment and approval.

Guarantee Fee

Minimum financing amount of RM 5 million up to maximum of RM 20 million subject to Bank’s assessment and approval.

Financing Rate

Based on the Bank’s assessment and approval as well as guarantee coverage provided by CGC.

Financing and Guarantee Tenure

Financing tenure will be subject to Bank’s assessment and approval.
For Term loan/Term Financing-i, the guarantee coverage remains valid until maturity, with a maximum tenure of 15 years.

Financing and Guarantee Amount

Financing amounts range from a minimum of RM5 million to a maximum of RM20 million, subject to the Bank’s assessment and approval.

Financing Rate

Based on the Bank’s assessment and approval as well as guarantee coverage provided by CGC.

Financing and Guarantee Tenure

Financing tenure will be subject to Bank’s assessment and approval.
For Term loan/Term Financing-i, the guarantee coverage remains valid until maturity, with a maximum tenure of 15 years.
For revolving facilities, the guarantee coverage shall be up to 2 years and may be extended subject to guarantee coverage renewal for every 2 years, up to a maximum of 15 years.

Financing and Guarantee Amount

• For sole proprietors, the maximum financing is capped at RM1 million, with a guarantee coverage of 80% or RM500,000 — whichever is lower.
• For other business entities, maximum financing amount of RM 5 million shall be guaranteed under this scheme. Maximum financing amount will subject to Bank’s assessment and approval.

Guarantee Fee

The fee is charged on annual basis, ranges from 0.50% to 1.50% per annum subject to risk-profile of the customer.

Jaminan Perlindungan

80% jaminan perlindungan daripada Syarikat Jaminan Pembiayaan Perniagaan (SJPP)

Tempoh Ketersediaan Kemudahan 

Sehingga setelah peruntukan digunakan sepenuhnya

Terms and Conditions Apply

A company registered in Malaysia, is Malaysian-controlled and Malaysian-owned with at least 51% shareholding.
Must be registered with the Companies Commission of Malaysia (SSM).
Open to Private Limited Company (Sdn. Bhd.) or Public Limited Company (Bhd).
Business has been in operation for more than FIVE (5) years.
The business must fall under the category of Mid-Tier Companies (MTC) as defined by MATRADE, with an annual sales turnover ranging from RM50 million to RM500 million for the manufacturing sector, and from RM20 million to RM500 million for the services and other sectors.
For Islamic Financing, business must be Shariah compliant.
Other criteria shall be leveraging on the Bank’s internal criteria.