Eligibility Criteria
Purpose of Financing
Working Capital only
Guarantee Cover
Guarantee Cover is set at 100%.
Financing Amount
Min: RM50,000.00 Max: RM500,000.00
Guarantee Tenure
The maximum tenure for the loan is up to seven (7) years and all facilities offered are subject to annual review.
Participating Financier
OCBC Bank Berhad
Type Of Financing Facilities
Term Loan (TL) and Overdraft (OD)
Interest Rate
The interest rate is Base Lending Rate per OCBC Bank Berhad + 0% per annum (BLR +0%).
Guarantee Fee
As low as 0.5%, up to a maximum of 5.75%.
i)Payment of Guarantee Fee
New Letter of Guarantee (LG) – Payable upon request for LG by Financial Institution (FI).
Anniversary LG – Payable on or before LG anniversary date.
ii)Refund of guarantee fee
Refund of guarantee fee will be pro- rated on monthly basis. The utilized period is calculated from the month of LG/Anniversary LG until the month of cancellation/amendment.
We wish to inform that CGC does not appoint any Third Party to act for and/or on behalf of CGC with regard to its products and services.