Danajamin PRIHATIN Guarantee Scheme (DPGS)

Minimum working capital facility
of RM20 million.

Up to 80% guarantee coverage of the working capital facility.

Tenure of DPGS is
up to 5 years.

There will be a maximum guarantee coverage of RM400 million or 80% of the financing facility. In addition, the maximum guarantee coverage of RM400 million will also be applied on an aggregate exposure basis to a group of companies.

* Terms and conditions apply. Approved financing application subject to Eligible Financial Institutions and final approval of DPGS Proposal subject to Danajamin.

Danajamin PRIHATIN Guarantee Scheme (DPGS)
Process Flow

Eligible Companies (EC)

  • green-tick Company is incorporated in Malaysia
  • green-tick Business operation of the company is based in Malaysia
  • green-tick The majority shareholding (50%+1) must be Malaysian
  • green-tick Company is able to generate income to service the approved working capital facility
  • green-tick Financially viable Company that has been adversely impacted by Covid-19

Exclusion:

  • Company under Minister of Finance (Incorporated)
  • Company who is able to obtain funding or financial assistance from its group of companies or any other stimulus programme

All EC can submit their financing application through their preferred EFI.

Eligible Financial Institutions (EFI)

When submitting your DPGS proposal application to SJPP and Danajamin, please ensure a full and complete deck is submitted for each eligible company, which includes:
  • The signed Original Eligible Company’s Letter of Consent (EFIs are required to obtain eligible company's sign off on this document prior to submission of DPGS proposal)
  • The EFI’s Full Credit Proposal Paper
  • The EFI’s Credit Risk comments
  • The EFI’s Final Approval Terms
  • The EFI’s approved terms and conditions for the eligible company

Please submit the complete deck to both email addresses below

* Note: Danajamin reserves the right to request for additional information and documents.

We understand that continuity is important in every single phase of your business and we are always ready to help you go through this difficult time. If you feel that you are not eligible for this Scheme, you may want to explore further the websites below.

FAQ

Up to 80% Guarantee on Financing Facilities to Assist Companies Affected by COVID-19

No, Danajamin does not provide any financing or credit facilities. Companies are advised to get in touch with their respective Eligible Financial Institutions (“EFIs”) for any financing or credit facilities matters.
The Danajamin PRIHATIN Guarantee Scheme​ is aimed to provide immediate and targeted working capital support to companies that are adversely impacted by the COVID-19 outbreak to sustain their business operations and safeguard jobs. Companies affected by the Movement Control Order (MCO) are also eligible to apply for the Danajamin PRIHATIN Guarantee Scheme​ given that the MCO was introduced by the Government to contain the outbreak of COVID-19. For non-affected companies that also require financing and financial guarantee, they may apply as per Danajamin’s business-as-usual products subject to each facility and Danajamin’s eligibility criteria.

The Danajamin PRIHATIN Guarantee Scheme is aimed to provide immediate and targeted working capital support to mid to large sized companies that are adversely impacted by the COVID-19 outbreak to sustain their business operations and safeguard jobs. Companies who are looking to raise less than RM20 million may refer to Bank Negara Malaysia’s Special Relief Fund, Credit Guarantee Corporation and Syarikat Jaminan Pembiayaan Perniagaan.

There are 2 levels of process to apply for Danajamin PRIHATIN Guarantee Scheme​:
  1. Firstly, EFIs will ascertain whether the Company is eligible for financing and there is a requirement for the guarantee.
  2. Secondly, Danajamin will undertake an assessment on the DPGS proposal as to whether the DPGS can be used to support the financing requirement.
Please refer to the Danajamin PRIHATIN Guarantee Scheme process flow chart above.

No. The Danajamin PRIHATIN Guarantee Scheme​ is open to all new and existing customers of the EFIs.

The Danajamin PRIHATIN Guarantee Scheme​ can be applied to a term loan facility for working capital purposes or short-term trade facility such as Letter of Credit (LC), Bankers Acceptance (BA), and Trust Receipts (TR) only. Specific terms and conditions shall apply to different facilities. Please refer to your EFI for more information.

Yes. The Danajamin PRIHATIN Guarantee Scheme​ can be used to apply for new working capital credit/financing facilities or short-term trade facilities.

The financing will be disbursed by the EFI to the customer once Danajamin has issued an approval letter to the EFI which may be subject to the fulfilment of any additional terms and conditions.