What is WCGS?

Working Capital Guarantee Scheme (WCGS) is a government guarantee scheme to support SME companies in all industries and sectors to obtain greater access to credit facilities. SMEs can apply for credit/ financing facilities at our partnering Financial Institutions and if eligible, the Financial Institutions will submit guarantee scheme applications directly to SJPP. There are also special guarantee schemes for SMEs that are Women-Owned; Export-Oriented, Start-Up and for SMEs implementing automation and digitalisation initiatives.

Who is eligible WCGS?

  • SMEs in all sectors or industries as defined by SME Corporation Malaysia
  • Sdn Bhd, partnership or sole proprietors incorporated under Registration of Business Act 1956; Companies Act 1965 or 2016, Limited Liability Partnership Act 2012, respective authorities or district offices in Sabah and Sarawak, or respective statutory bodies for professional services providers; and
  • Shareholding of at least 51% or more shares held by Malaysian(s)

How do I apply for WCGS?

  • Applications can be made through our participating Financial Institutions.
  • For further details of the guarantee scheme and list of participating Financial Institutions, please go to our website at WCGS Official Website