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SJPP Automation Process Guarantee Scheme (“APGS”)

Syarikat Jaminan Pembiayaan Perniagaan Berhad (SJPP)

SJPP is a company wholly owned by the Minister of Finance Inc. SJPP’s initial role was to administer and manage two guarantee schemes namely the Working Capital Guarantee Scheme (“WCGS”) and Industry Restructuring Financing Guarantee Scheme (“IRFGS”) announced by the Ministry of Finance in the Dewan Rakyat under the second stimulus package on 10th March 2009. The stimulus package amounting RM60 billion is to enhance foreign and domestic investor confidence in the Malaysian Economy. Due to the overwhelming response from the Small and Medium Enterprise (“SMEs”), under the 10th Malaysia Plan (10MP), the Government of Malaysia had allocated an additional RM3.0 billion into WCGS (“10MP WCGS”). It was the hope of the Government of Malaysia that by providing such guarantee, financial institutions will continue to provide financing facilities to companies within the targeted sectors.


Automation Process Guarantee Scheme (“APGS”) is a scheme to assist SME companies in all sectors to gain access to financing from participating Financial Institutions (FIs) to automate production processes and reduce employment of foreign workers.

The facility is to be used for capital expenditure (CAPEX) only and cannot be used to refinance existing facility granted by the same or other participating Financial Institutions (“FIs”).

The participating FIs and/or SJPP will be responsible for determining the genuineness of the borrower/customer based on their respective credit evaluation procedures.


Target Group:

Small and Medium Enterprises (SMEs)


Cost: Interest /Profit Rate is determined by participating FIs


More information:

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