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Malaysia's First Financial Guarantee Insurer

Financing Facilities Guarantee (FFG)

The Financing Facilities Guarantee (FFG) is intended to protect the beneficiaries i.e. lending institutions against the risk of loss by reason of default by the borrowing entity.

The FFG is applicable to a range of financing facilities such as short-term and long-term financing facilities as well as working capital facilities.
Financing Facilities Guarantee

Benefits

Borrowers would stand to benefit from better access to financing from potential lending institutions at a reasonable cost
Lending Institutions would be able to manage their credit and default risk when extending financing to potential borrowers. At the same time, the FFG can potentially be a capital management tool for lending institutions
Business Enquiry

Term Loan

Product Feature

Facilities Covered

  • Term Loan.

Type of Coverage

  • Guarantee is irrevocable and unconditional.
  • Guarantee to cover principal only.

Guaranteed Amount

  • The amount of coverage to be provided shall be agreed mutually by all contracting parties.

Tenor

  • Minimum tenor of 12 months and maximum tenor subject to the maximum tenor of the underlying term loan facility.

Premium

  • Computed based on the latest outstanding balance.
  • Responsibility for payment rests with the Borrower.
  • Paid annually in advance.

Claim Period

  • Within 30 days from expiry of guarantee coverage period.

Payout

  • Payout will be made within 10 business days from the date on which a claim is filed with Danajamin.

Early Termination

  • Danajamin will have the right to tender payment (i.e accelerate financing facility repayment).
  • Beneficiaries can early terminate the guarantee subject to satisfying certain conditions to be agreed with Danajamin.

Working Capital

Product Feature

Facilities Covered

  • Overdraft (OD), Revolving Credit (RC) and Trade Facilities (LC, TR, BA).

Type of Coverage

  • Guarantee is irrevocable and unconditional.
  • Guarantee to cover principal only.

Guaranteed Amount

  • Up to 70% guarantee based on working capital financing limit obtained from the Beneficiary.

Tenor

  • 1-year.

Premium

  • Computed based on latest outstanding balance.
  • Responsibility for payment rests with the Borrower.
  • Paid annually in advance.

Claim Period

  • Within 30 days from expiry of guarantee coverage period.

Payout

  • Payout will be made within 10 business days from the date on which a claim is filed with Danajamin.

Early Termination

  • Danajamin will have the right to tender payment (i.e accelerate financing facility repayment).
  • Beneficiaries can early terminate the guarantee subject to satisfying certain conditions to be agreed with Danajamin.

Business Enquiry

If you would like to know more about our guaranteed products, fill up the form below:
Guaranteed Products Enquiry
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