CINXE.COM
CGC Guarantee Scheme | OCBC Business Banking Malaysia
<!DOCTYPE html> <html> <head> <META http-equiv="Content-Type" content="text/html; charset=UTF-8"> <!--ls:headTopBegin[script]--><script> !function(e,a,n,t){var i=e.head;if(i){ if (a) return; var o=e.createElement("style"); o.id="alloy-prehiding",o.innerText=n,i.appendChild(o),setTimeout(function(){o.parentNode&&o.parentNode.removeChild(o)},t)}} (document, document.location.href.indexOf("adobe_authoring_enabled") !== -1, ".personalization-container { opacity: 0 !important }", 3000); </script> <script src="https://assets.adobedtm.com/f8f9776f70c5/67acf3e8b8eb/launch-8b09021c189a.min.js" async></script> <!-- Google Tag Manager insert at <head> --> <script> (function(w, d, s, l, i) { w[l] = w[l] || []; w[l].push({ "gtm.start": new Date().getTime(), event: "gtm.js", }); var f = d.getElementsByTagName(s)[0], j = d.createElement(s), dl = l != "dataLayer" ? 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Apply with us now to get fast approval!"> <!--ls:end[meta-description]--> <!--ls:begin[custom-meta-data]--> <meta name="viewport" content="width=device-width, initial-scale=1.0, maximum-scale=1.0"> <!--ls:end[custom-meta-data]--> <!--ls:begin[meta-robots]--> <meta name="robots" content=""> <meta name="robots" content=""> <!--ls:end[meta-robots]--> <!--ls:begin[meta-vpath]--> <meta name="vpath" content=""> <!--ls:end[meta-vpath]--> <!--ls:begin[meta-page-locale-name]--> <meta name="page-locale-name" content=""> <!--ls:end[meta-page-locale-name]--> <!--ls:begin[script]--> <script type="text/javascript" src="/iwov-resources/sg/ocbc/business/js/jquery.min.js" data-ocde-="show"></script> <!--ls:end[script]--> <!--ls:begin[script]--><script type="text/javascript" src="/iwov-resources/sg/ocbc/personal/js/jquery.min.js" data-ocde-desktop_or_tablet_or_phone="show"></script> <!--ls:end[script]--> <!--ls:begin[script]--><script type="text/javascript" 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</script><!--ls:end[body_injection_top]--><!--ls:begin[analytics-body-top]--><!--ls:end[analytics-body-top]--><div class="iw_viewport-wrapper"><div class="container-fluid iw_section" id="sectionjztq8wo2"> <div class="row iw_row iw_stretch" id="rowjztq8wo3"> <div class="iw_columns col-lg-12" id="coljztq8wo4"> <div class="iw_component" id="iw_comp1576827592555"> <header class="" id="header"> <div class="header__main header__main--bb"> <div class="container bp-width-med3"> <div class="header__row row align-items-center justify-content-between"> <div class="header__logo col-12 col-sm-12 col-lg-2"> <div class="logo fl bp-img wide"><a href="https://www.ocbc.com.my/group/gateway" target=""><img src="/iwov-resources/sg/ocbc/business/img/logo_ocbc.png" alt="OCBC"></a></div> <div class="clr"></div> </div> <div class="header__mobile col-12 col-sm-12 col-lg-10"> <div class="header__main--primary"> <div class="d-flex justify-content-start flex-column flex-lg-row flex-center justify-content-lg-between"> <hr class="first"> <div class="header__main--navi flex-fill"> <ul> <li><a href="#accounts" class="header__navi">Accounts</a></li> <li class="divider"></li> </ul> </div> <div class="header__main--navi flex-fill"> <ul> <li><a href="#loans" class="header__navi">Loans</a></li> <li class="divider"></li> </ul> </div> <div class="header__main--navi flex-fill"> <ul> <li><a href="#trades" class="header__navi">Trade</a></li> <li class="divider"></li> </ul> </div> <div class="header__main--navi flex-fill"> <ul> <li><a href="#transactions" class="header__navi">Transactions</a></li> <li class="divider"></li> </ul> </div> <div class="header__main--navi flex-fill"> <ul> <li><a href="#running-a-business" class="header__navi">Running a Business</a></li> <li class="divider"></li> </ul> </div> <div class="header__main--navi flex-fill"> <ul> <li><a href="/business-banking/international" class="" target="_self">International</a></li> <li class="divider"></li> </ul> </div> <div class="header__main--navi flex-fill"> <ul></ul> </div> <hr class="last"> <div class="header__main--action d-none d-lg-inline"> <div class="page__opt1"><a href="https://velocity.ocbc.com/login.html" class="link" target="_blank">Login</a></div> </div> </div> </div> <div class="header__main--secondary"> <div class="d-flex justify-content-lg-between"> <div class="header__main--web-location"> <div class="dropdown__bb"> <p>You are in</p><br class="web__display"><div class="dropdown__theme dropdown__theme--3 dropdown__theme--bold"><select name="header-page-location" class="selectize" id="header__page_location"> <option value="/business-banking/index">Business Banking</option> <option value="https://www.ocbc.com.my/personal-banking/premier/index.html">Premier Banking</option> <option value="https://www.ocbc.com.my/personal-banking/index.html">Personal Banking</option> <option value="https://www.ocbc.com.my/OCBCAL_Amin/index.shtml">Islamic Banking</option> <option value="https://www.ocbc.com.my/group/gateway">OCBC Group</option></select></div> </div> <div class="dropdown__bb dropdown__second__bb d-lg-inline"> <div class="dropdown__theme dropdown__theme--3 dropdown__theme--bold"><select name="header-page-location-option-filter" class="selectize selectize--navigation" id="header-businessBanking"> <option value="/business-banking/smes#">SMEs</option> <option value="/business-banking/enterprises#">Enterprises</option> <option value="/business-banking/corporates#">Corporates</option></select></div> </div> <hr> </div> <div class="header__main--web-etc"> <ul> <li><a href="/business-banking/go-digital" class="" target="_self">Go Digital</a></li> <li><a href="/business-banking/help-and-support" class="" target="_self">Help & Support</a></li> <li><a href="/business-banking/contact-us" class="" target="_self">Contact us</a></li> </ul> </div> </div> <hr> </div> </div> <div class="header__mobile--bar d-lg-none d-block"> <div class="header__main--action"> <div class="page__opt1"><a href="https://velocity.ocbc.com/login.html" class="link" target="_blank">Login</a></div> </div> <div class="menu-bar"><span></span><span></span></div> </div> </div> </div> </div> <div class="header__sub header-bb"> <div class="container container-bb bp-width-med3"> <div class="header__hidden"> <div class="header__sub--view"> <div id="accounts" class="header__row header__row-bb row "> <div class="col-lg-12 d-block d-lg-none"> <div class="header__sub-mobile-section">Accounts</div> </div> <div class="col-lg-6 col-no-bb"> <div class="header__sub-left header__sub-left-bb"> <div class="row"> <div class="col-md-6 col-lg-6"> <div class="header__sub-menu-item header__sub-menu-item-bb"> <div class="header__sub-menu-item-text "> <div class="tag">For start-ups and new businesses</div> <div class="name"><a href="/business-banking/smes/accounts/ebiz" class="link link link-arrow-right" target="_self">OCBC eBiz <span class="text-nowrap">Account<i class="far fa-chevron-right"></i></span></a></div> </div> </div> </div> <div class="col-md-6 col-lg-6"> <div class="header__sub-menu-item header__sub-menu-item-bb"> <div class="header__sub-menu-item-text "> <div class="tag">SMEs tailored business account</div> <div class="name"><a href="/business-banking/smes/accounts/business-access" class="link link link-arrow-right" target="_self">Business <span class="text-nowrap">Access<i class="far fa-chevron-right"></i></span></a></div> </div> </div> </div> </div> <div class="row"> <div class="col-md-6 col-lg-6"> <div class="header__sub-menu-item header__sub-menu-item-bb"> <div class="header__sub-menu-item-text "> <div class="tag">Starting a business - seasoned entrepreneurs</div> <div class="name"><a href="/business-banking/smes/accounts/myr-business-current-account" class="link link link-arrow-right" target="_self">MYR Business Current <span class="text-nowrap">Account<i class="far fa-chevron-right"></i></span></a></div> </div> </div> </div> <div class="col-md-6 col-lg-6"> <div class="header__sub-menu-item header__sub-menu-item-bb"> <div class="header__sub-menu-item-text "> <div class="tag">SMEs tailored business account</div> <div class="name"><a href="/business-banking/smes/accounts/business-signature" class="link link link-arrow-right" target="_self">Business <span class="text-nowrap">Signature<i class="far fa-chevron-right"></i></span></a></div> </div> </div> </div> </div> <div class="row"> <div class="col-md-6 col-lg-6"> <div class="header__sub-menu-item header__sub-menu-item-bb"> <div class="header__sub-menu-item-text "> <div class="tag">Transact internationally</div> <div class="name"><a href="/business-banking/smes/accounts/foreign-currency" class="link link link-arrow-right" target="_self">Foreign Currency <span class="text-nowrap">Accounts<i class="far fa-chevron-right"></i></span></a></div> </div> </div> </div> </div> <div class="row"> <div class="col-lg-12"> <div class="header__sub-menu-readmore d-flex align-items-center"><a href="/business-banking/smes/accounts/overview" class="button button--secondary button--link" target="_self"><span>See all accounts</span></a></div> </div> </div> </div> </div> <div class="col-lg-6"> <div class="header__sub-right"> <div class="row"> <div class="col-lg-6"> <div class="header__sub-menu-articles"> <div class="row"> <div class="col-lg-4 line-wrapper"> <div class="line"></div> </div> <div class="col-lg-8"> <div class="tag">Articles and guides</div> <div class="header__sub-menu-link"><a href="/business-banking/articles/choosing-the-right-business-account" class="link link link-arrow-right" target="_self">Choosing the right business <span class="text-nowrap">account<i class="far fa-chevron-right"></i></span></a></div> <div class="header__sub-menu-link"><a href="/business-banking/articles/how-to-incorporate-your-business" class="link link link-arrow-right" target="_self">How to register your <span class="text-nowrap">business<i class="far fa-chevron-right"></i></span></a></div> <div class="header__sub-menu-readmore"><a href="/business-banking/articles" class="link link link-arrow-right" target="_self">See all <span class="text-nowrap">articles<i class="far fa-chevron-right"></i></span></a></div> </div> </div> </div> </div> </div> </div> </div> </div> <div id="loans" class="header__row header__row-bb row "> <div class="col-lg-12 d-block d-lg-none"> <div class="header__sub-mobile-section">Loans</div> </div> <div class="col-lg-6 col-no-bb"> <div class="header__sub-left header__sub-left-bb"> <div class="row"> <div class="col-md-6 col-lg-6"> <div class="header__sub-menu-item header__sub-menu-item-bb"> <div class="header__sub-menu-item-text "> <div class="tag">Get business financing without collateral</div> <div class="name"><a href="/business-banking/smes/loans/business-term-loan" class="link link link-arrow-right" target="_self">Business Term <span class="text-nowrap">Loan<i class="far fa-chevron-right"></i></span></a></div> </div> </div> </div> <div class="col-md-6 col-lg-6"> <div class="header__sub-menu-item header__sub-menu-item-bb"> <div class="header__sub-menu-item-text "> <div class="tag">Upgrade or purchase new business equipment</div> <div class="name"><a href="/business-banking/smes/loans/industrial-hire-purchase" class="link link link-arrow-right" target="_self">Industrial Hire <span class="text-nowrap">Purchase<i class="far fa-chevron-right"></i></span></a></div> </div> </div> </div> </div> <div class="row"> <div class="col-md-6 col-lg-6"> <div class="header__sub-menu-item header__sub-menu-item-bb"> <div class="header__sub-menu-item-text "> <div class="tag">Own a Commercial Property</div> <div class="name"><a href="/business-banking/smes/loans/commercial-property-loan" class="link link link-arrow-right" target="_self">Commercial Property <span class="text-nowrap">Loan<i class="far fa-chevron-right"></i></span></a></div> </div> </div> </div> <div class="col-md-6 col-lg-6"> <div class="header__sub-menu-item header__sub-menu-item-bb"> <div class="header__sub-menu-item-text "> <div class="tag">Get financing of up to RM1 million</div> <div class="name"><a href="/business-banking/smes/loans/cgc-guarantee-scheme" class="link link link-arrow-right" target="_self">CGC Guarantee <span class="text-nowrap">Scheme<i class="far fa-chevron-right"></i></span></a></div> </div> </div> </div> </div> <div class="row"></div> <div class="row"> <div class="col-lg-12"> <div class="header__sub-menu-readmore d-flex align-items-center"><a href="/business-banking/smes/loans" class="button button--secondary button--link" target="_self"><span>See all loans</span></a></div> </div> </div> </div> </div> <div class="col-lg-6"> <div class="header__sub-right"> <div class="row"> <div class="col-lg-6"> <div class="header__sub-menu-articles"> <div class="row"> <div class="col-lg-4 line-wrapper"> <div class="line"></div> </div> <div class="col-lg-8"> <div class="tag">Articles and guides</div> <div class="header__sub-menu-link"><a href="/business-banking/articles/how-good-credit-rating-can-make-or-break-business" class="link link link-arrow-right" target="_self">Why a good credit rating can make or break your <span class="text-nowrap">business<i class="far fa-chevron-right"></i></span></a></div> <div class="header__sub-menu-link"><a href="/business-banking/articles/why-loan-is-preferred-path-to-grow-business" class="link link link-arrow-right" target="_self">Why a loan might be the preferred option to grow your <span class="text-nowrap">business<i class="far fa-chevron-right"></i></span></a></div> <div class="header__sub-menu-readmore"><a href="/business-banking/articles" class="link link link-arrow-right" target="_self">See all <span class="text-nowrap">articles<i class="far fa-chevron-right"></i></span></a></div> </div> </div> </div> </div> </div> </div> </div> </div> <div id="trades" class="header__row header__row-bb row "> <div class="col-lg-12 d-block d-lg-none"> <div class="header__sub-mobile-section">Trade</div> </div> <div class="col-lg-6 col-no-bb"> <div class="header__sub-left header__sub-left-bb"> <div class="row"> <div class="col-md-6 col-lg-6"> <div class="header__sub-menu-item header__sub-menu-item-bb"> <div class="header__sub-menu-item-text "> <div class="tag">Manage my purchases</div> <div class="name"><a href="/business-banking/smes/trade#manage-my-purchases" class="link link link-arrow-right" target="_self">Import <span class="text-nowrap">finance<i class="far fa-chevron-right"></i></span></a></div> </div> </div> </div> <div class="col-md-6 col-lg-6"> <div class="header__sub-menu-item header__sub-menu-item-bb"> <div class="header__sub-menu-item-text "> <div class="tag">Finance my working capital</div> <div class="name"><a href="/business-banking/smes/trade.page#finance-my-working-capital" class="link link link-arrow-right" target="_self">Open account <span class="text-nowrap">financing<i class="far fa-chevron-right"></i></span></a></div> </div> </div> </div> </div> <div class="row"> <div class="col-md-6 col-lg-6"> <div class="header__sub-menu-item header__sub-menu-item-bb"> <div class="header__sub-menu-item-text "> <div class="tag">Grow my sales</div> <div class="name"><a href="/business-banking/smes/trade#grow-my-sales" class="link link link-arrow-right" target="_self">Export <span class="text-nowrap">finance<i class="far fa-chevron-right"></i></span></a></div> </div> </div> </div> <div class="col-md-6 col-lg-6"> <div class="header__sub-menu-item header__sub-menu-item-bb"> <div class="header__sub-menu-item-text "> <div class="tag">Secure my obligations</div> <div class="name"><a href="/business-banking/smes/trade#secure-my-obligations" class="link link link-arrow-right" target="_self"> <span class="text-nowrap">Guarantees<i class="far fa-chevron-right"></i></span></a></div> </div> </div> </div> </div> <div class="row"></div> <div class="row"> <div class="col-lg-12"> <div class="header__sub-menu-readmore d-flex align-items-center"><a href="/business-banking/smes/trade" class="button button--secondary button--link" target="_self"><span>See all trade finance products</span></a></div> </div> </div> </div> </div> <div class="col-lg-6"> <div class="header__sub-right"> <div class="row"></div> </div> </div> </div> <div id="transactions" class="header__row header__row-bb row "> <div class="col-lg-12 d-block d-lg-none"> <div class="header__sub-mobile-section">Transactions</div> </div> <div class="col-lg-6 col-no-bb"> <div class="header__sub-left header__sub-left-bb"> <div class="row"> <div class="col-md-6 col-lg-6"> <div class="header__sub-menu-item header__sub-menu-item-bb"> <div class="header__sub-menu-item-text "> <div class="tag">Making payments</div> <div class="name"><a href="/business-banking/smes/transactions/making-payments" class="link link link-arrow-right" target="_self">Transfers in Malaysia <span class="text-nowrap">Ringgit<i class="far fa-chevron-right"></i></span></a></div> </div> </div> </div> <div class="col-md-6 col-lg-6"> <div class="header__sub-menu-item header__sub-menu-item-bb"> <div class="header__sub-menu-item-text "> <div class="tag">Receiving payments</div> <div class="name"><a href="/business-banking/smes/transactions/receiving-payments" class="link link link-arrow-right" target="_self">Receiving payments in Malaysia <span class="text-nowrap">Ringgit<i class="far fa-chevron-right"></i></span></a></div> </div> </div> </div> </div> <div class="row"> <div class="col-md-6 col-lg-6"> <div class="header__sub-menu-item header__sub-menu-item-bb"> <div class="header__sub-menu-item-text "> <div class="tag">Making payments</div> <div class="name"><a href="/business-banking/smes/transactions/making-payments.page#foreign-currencies" class="link link link-arrow-right" target="_self">Transfers in foreign currencies or <span class="text-nowrap">overseas<i class="far fa-chevron-right"></i></span></a></div> </div> </div> </div> </div> <div class="row"></div> <div class="row"> <div class="col-lg-12"> <div class="header__sub-menu-readmore d-flex align-items-center"><a href="/business-banking/smes/transactions/overview" class="button button--secondary button--link" target="_self"><span>See all transfer methods</span></a></div> </div> </div> </div> </div> <div class="col-lg-6"> <div class="header__sub-right"> <div class="row"></div> </div> </div> </div> <div id="running-a-business" class="header__row header__row-bb row "> <div class="col-lg-12 d-block d-lg-none"> <div class="header__sub-mobile-section">Running a Business</div> </div> <div class="col-lg-6 col-no-bb"> <div class="header__sub-left header__sub-left-bb"> <div class="row"> <div class="col-md-6 col-lg-6"> <div class="header__sub-menu-item header__sub-menu-item-bb"> <div class="header__sub-menu-item-text "> <div class="tag">Starting your business</div> <div class="name"><a href="/business-banking/smes/running-a-business#starting-first-business" class="link link link-arrow-right" target="_self">Start your business with the right banking <span class="text-nowrap">tools<i class="far fa-chevron-right"></i></span></a></div> </div> </div> </div> <div class="col-md-6 col-lg-6"> <div class="header__sub-menu-item header__sub-menu-item-bb"> <div class="header__sub-menu-item-text "> <div class="tag">Growing your business</div> <div class="name"><a href="/business-banking/smes/running-a-business#growing-your-business" class="link link link-arrow-right" target="_self">Take your business <span class="text-nowrap">further<i class="far fa-chevron-right"></i></span></a></div> </div> </div> </div> </div> <div class="row"> <div class="col-md-6 col-lg-6"> <div class="header__sub-menu-item header__sub-menu-item-bb"> <div class="header__sub-menu-item-text "> <div class="tag">Managing your business</div> <div class="name"><a href="/business-banking/smes/running-a-business#managing-your-business" class="link link link-arrow-right" 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class="text-nowrap">market<i class="far fa-chevron-right"></i></span></a></div> <div class="header__sub-menu-link"><a href="/business-banking/articles/how-to-maintain-competitive-edge-with-bigger-companies" class="link link link-arrow-right" target="_self">How to maintain a competitive edge with a bigger <span class="text-nowrap">companies<i class="far fa-chevron-right"></i></span></a></div> <div class="header__sub-menu-readmore"><a href="/business-banking/articles" class="link link link-arrow-right" target="_self">See all <span class="text-nowrap">articles<i class="far fa-chevron-right"></i></span></a></div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> <div class="navigation__product-anchor container bp-width-med3 bp-sticky-content navigation__product-anchor--hidden"> <div class="he-bo-title"><span class="capt"></span><div class="arrow"><i class="far fa-chevron-down"></i></div> </div> <div class="he-bo-main"> <div class="he-bo-row"> <div 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				 " target="_self"><span>Get us to contact you</span></a></div> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1646976653839"> <div class="intro-component"></div> <div class="module container bp-width-med3 animate"> <div class="row"> <div class="col-custom-8"> <div class="theme theme--blue"> <h2 class="bold text-gradient common__intro-paragraph pt-1 pb-1 "> Guarantee coverage schemes to support viable SMEs for partially secured or <span class="text-nowrap">collateral-free</span> financing. </h2> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1646976653843"> <div class="benefits-component"></div> <div class="module container bp-width-med3"> <div class="subcategory subcategory--black">FEATURES AND BENEFITS</div> <div class="list__col"> <div class="row"> <div class="col-custom-10"> <div class="row animate com__row-group-height" anim-control="parent"> <div class="col-md-4 com__row-group-col"> <div class="list__col-single list__col-count-normal"> <div class="list__col-wrapper rgh1"> <div class="list__col-image2 bp-img text-center"><img width="80" src="/iwov-resources/sg/ocbc/business/img/smes/loans/cgc-guarantee-scheme/icon-feature1.png" alt=""></div> <div class="list__col-content"><span> <h4 class="mb1"><strong>Financing of up to RM1 million</strong></h4></span><div class="list__col-text"></div> </div> </div> <div class="list__col-text list__col-text-mobile"></div> </div> </div> <div class="col-md-4 com__row-group-col"> <div class="list__col-single list__col-count-normal"> <div class="list__col-wrapper rgh1"> <div class="list__col-image2 bp-img text-center"><img width="80" src="/iwov-resources/sg/ocbc/business/img/smes/loans/cgc-guarantee-scheme/icon-feature2.png" alt=""></div> <div class="list__col-content"><span> <h4 class="mb1"><strong>Partial secured or <span class="text-nowrap">collateral-free</span> financing</strong></h4></span><div class="list__col-text"></div> </div> </div> <div class="list__col-text list__col-text-mobile"></div> </div> </div> <div class="col-md-4 com__row-group-col"> <div class="list__col-single list__col-count-normal"> <div class="list__col-wrapper rgh1"> <div class="list__col-image2 bp-img text-center"><img width="80" src="/iwov-resources/sg/ocbc/business/img/smes/loans/cgc-guarantee-scheme/icon-feature3.png" alt=""></div> <div class="list__col-content"><span> <h4 class="mb1"><strong>Repayment period of up to 10 years</strong></h4></span><div class="list__col-text"></div> </div> </div> <div class="list__col-text list__col-text-mobile"></div> </div> </div> </div> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1646976654493"> <div class="fbenefits-component"></div> <div class="module container bp-width-med3 animate"> <div class="subcategory subcategory--black">FEATURES AND BENEFITS</div> <div class="row "> <div class="col-md-12"> <div class="row"> <div class=" col-custom-8 col-custom-enforced subtitle "> <p>Type of CGC Schemes</p> </div> </div> </div> </div> <div class="com__insurance-comparison-table"> <div class="row"> <div class="col-custom-10"> <div> <div graph-carousel="type5" class="com_graph-carousel com__gc-pull table-group-height theme theme--blue"> <ul class="table__comparison-nav" style="display: none;"> <li>Bizjamin/i 50</li> <li>Bizjamin/i 70</li> </ul> <div class="table__comparison-content"> <table class="table__comparison-table"> <tbody> <tr class="graph-row"> <td class="graph-item" valign="top" width="260"> <div class="table__comparison cards-table1"> <table class="table table-small mobile-box-shadow"> <tr> <th class="tgh1"><strong></strong></th> </tr> <tr> <td class="tgh2">Financing Type</td> </tr> <tr> <td class="tgh3">Guarantee Coverage</td> </tr> <tr> <td class="tgh4">Collateral</td> </tr> </table> </div> </td> <td valign="top" width="920"> <table class="desktop-box-shadow"> <tr> <td class="graph-item" valign="top" width="460"> <div class="table__comparison cards-table1"> <table class="table table-small text-center bp-curve-top"> <tr> <th class="tgh1 theme__bg3 text-center co-white bp-curve-top-left">Bizjamin/i 50</th> </tr> <tr> <td class="tgh2 "><p>Term Loan/Term <span class="text-nowrap">Financing-i</span></p> <p>Overdraft</p></td> </tr> <tr> <td class="tgh3 ">Up to 50% guarantee cover by CGC</td> </tr> <tr> <td class="tgh4 ">FD equivalent to 20% of the Term Loan/Term <span class="text-nowrap">Financing-i limit</span></td> </tr> </table> </div> </td> <td class="graph-item" valign="top" width="460"> <div class="table__comparison cards-table1"> <table class="table table-small text-center bp-curve-top"> <tr> <th class="tgh1 theme__bg3 text-center co-white border-left">Bizjamin/i 70</th> </tr> <tr> <td class="tgh2 border-left">Term Loan/Term <span class="text-nowrap">Financing-i</span></td> </tr> <tr> <td class="tgh3 border-left">Up to 70% guarantee cover by CGC</td> </tr> <tr> <td class="tgh4 border-left">Not required</td> </tr> </table> </div> </td> </tr> </table> </td> </tr> </tbody> </table> </div> </div> </div> </div> </div> </div> </div> </div> <div class="iw_component" id="iw_comp1646976653846"> <!--ls:begin[component-1646976653846]--><div class="apply-component"></div> <div anim-control="parent" class="module container bp-width-med3 animate"> <div class="subcategory subcategory--black">BEFORE YOU APPLY</div> <div class="table__three-col table__three-col-with-accordion"> <div class="row"> <div class="col-md-3 table__three-col--title"> <h4 class="bold mobile">Eligibility requirements</h4> </div> <div class="col-md-9 table__three-col--content"> <div class="row mb-3"> <div class="col-lg-4 col-md-5"> <p class="mb-0">Business registration</p> </div> <div class="col-lg-5 col-md-7"> <p class="mb-0">Must be an <a href="#popup-sme" data-fancybox>SME</a>. </p> </div> </div> <div class="row mb-3"> <div class="col-lg-4 col-md-5"> <p class="mb-0"></p> </div> <div class="col-lg-5 col-md-7"> <p class="mb-0">Must be a Malaysian-owned and controlled business, with at least 51% shareholding. </p> </div> </div> <div class="row mb-3"> <div class="col-lg-4 col-md-5"> <p class="mb-0"></p> </div> <div class="col-lg-5 col-md-7"> <p class="mb-0">Partnership and Private Limited Companies may apply.</p> </div> </div> <div class="row mb-3"> <div class="col-lg-4 col-md-5"> <p class="mb-0">Business ownership</p> </div> <div class="col-lg-5 col-md-7"> <p class="mb-0">Must be owned or controlled by a Malaysian, i.e. the majority shareholding/interest must be held by a Malaysian.</p> </div> </div> <div class="row mb-0"> <div class="col-lg-4 col-md-5"> <p class="mb-0">Financial record</p> </div> <div class="col-lg-5 col-md-7"> <p class="mb-0">No adverse financial record.</p> </div> </div> </div> </div> <div class="row"> <div class="col-md-12"> <hr class="table__three-col--hr"> </div> </div> <div class="accordion"> <div class="accordion__item"> <div class="accordion__item__title d-flex justify-content-between align-items-center"> <h4><strong>Terms and conditions</strong></h4><i class="fz-20 fa fa-chevron-down accordion__item__collapse-icon"></i></div> <div class="accordion__item__content table__three-col--tnc" style=""><p>All required forms and supporting document must be duly completed and submitted.</p> <p>All loans are subject to satisfactory assessment by the Bank.</p> <p>Subject to Credit Guarantee Corporation (CGC) credit evaluation approval.</p> <p>The current Base Lending Rate (BLR) effective from 10 May 2023 is 6.76% p.a. for loans/financing facilities referenced against BLR.</p></div> </div> </div> <div class="row"> <div class="col-md-12"> <hr class="table__three-col--hr"> </div> </div> </div> </div><!--ls:end[component-1646976653846]--> </div> <div class="iw_component" id="iw_comp1647603871584"> <!--ls:begin[component-1647603871584]--><div class="form-component"></div> <div class=""><script src="/iwov-resources/sg/ocbc/eform/js/jquery.min.js"></script><script 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accordion__item__title">What documents are required?<i class="far fa-angle-down accordion__item__collapse-icon"></i></div> <div class="content-wrapper accordion__item__content"> <div class="content"><ol class="list-decimal list-nospace ml-1"> <li class="mb-1">Constituent documents for companies / businesses</li> <li class="mb-1">Photocopy of NRIC of directors / guarantors / sole proprietor / partners</li> <li class="mb-1">Bank statement for the past 6 months</li> <li class="mb-1">Financials or Management Accounts</li> </ol></div> </div> </div> <div class="item accordion__item"> <div class="label accordion__item__title">How much is the guarantee fee?<i class="far fa-angle-down accordion__item__collapse-icon"></i></div> <div class="content-wrapper accordion__item__content"> <div class="content"><p>Guarantee Fee on unsecured portion:</p> <p><strong>Bizjamin/i 50</strong><br />Fee paid by the Bank ranges from 0.75% to 4.00% per annum.</p> <p><strong>Bizjamin/i 70</strong><br />Fee paid by 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