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The Credit Guarantee Corporation covers the guarantee, which varies from 30% to 80% for the unsecured portion and from 30% to 90% for the secured portion.
Each individual company is eligible for a maximum financing amount of RM10.0 million to be covered by CGC Guarantee.
For the Term Loan facility, the guarantee cover shall be valid until the maturity date. For Overdraft, the guarantee cover shall be valid for a maximum of two years from the Letter of Guarantee.
This scheme covers Term Loans, Overdrafts and Trade Facilities.