ESP18. Industry Restructuring Loan Guarantee Scheme

• Objective
• assist viable medium and large enterprises to secure financing to
• mordenise and upgrade business operation ie
• greater automation
• increased productivity
• energy efficiency
• green technology
• Fund size: RM5B
• Guarantee ratio:
• Mid sized company: Government 80: Financial Institution 20
• Large enterprises: Government 50: Financial institution 50
• Guarantee fee: 0.5% on outstanding amount
• Interest rate: determined by Financial institution
• Eligibility: Malaysian owned companies
• Maximum loan tenure: 10 years
• Maximum financing: RM50M per company
• Fund availability: until 31.12.2010 or upon full utilisation
• Participating financial institution
• all commercial banks
• all islamic banks
• Bank Pembangunan Malaysia Berhad
• SME Bank
• Bank Simpanan Naional