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| Flexi Guarantee Scheme |
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Flexi Guarantee Scheme (FGS) provides guarantee for loans granted under Fund for Small and Medium Industries 2 (FSMI 2), New Entrepreneur Fund 2 (NEF 2) and Rehabilitation Fund for Small Businesses (RFSB). The funds are designed to facilitate greater access to credit for viable Malaysian Small and Medium Industries (SMIs).
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| Among the main characteristics of the FGS are: |
- Guarantee cover ranging from 30% - 80% as required by participating financial institutions.
- Annual guarantee fee, calculated based on the guarantee cover issued and payable in advance. Fees will be borne by the participating financial institutions.
- Unsecured Portion :- Between 0.8% to 2.15% per annum.
- Secured Portion :- Between 0.5% to 1.85% per annum.
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