DIRECT ACCESS GUARANTEE SCHEME START UP

Qualifies To Apply

∙ Must fall within the definition of SMEs as defined by the National SME Development Council.

∙ Malaysian owned and controlled private limited companies registered under the Companies Act 1965, Sole Proprietorship or Partnership.

∙ Applicable for business in operation for 1 year or less.

Loan amount ranging between RM50,000 to RM2 million Guarantee Cover

Up to 100% and shall be valid up to the maturity date of the loan with a maximum tenure of 5 years

∙ Unsecured: 0.75% to 5.75% per annum

∙ Secured: 0.50% to 3.60% per annum