23/03/2023
SJPP (SME Corp Malaysia's Credit Guarantee Corporation) Guarantee Fund is a credit guarantee scheme offered by the Malaysian government to support small and medium-sized enterprises (SMEs) in Malaysia.
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Under the SJPP Guarantee Fund, SMEs can obtain financing from participating financial institutions, such as banks and other financial intermediaries, with a government guarantee on a portion of the financing amount. The guarantee is meant to provide assurance to lenders that they will be reimbursed for a portion of the loan amount in the event of default by the borrower.
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The SJPP Guarantee Fund covers a wide range of financing facilities, including term loans, working capital financing, trade financing, and project financing. The scheme is available to SMEs in various sectors, including manufacturing, agriculture, services, and construction.