Credit Guarantee Corporation Malaysia Berhad (CGC) was established on 5 July 1972. It is 78.65% owned by Bank Negara Malaysia and 21.35% by the commercial banks in Malaysia. CGC aims to assist Micro, Small and Medium-Sized Enterprises (MSMEs) with inadequate or without collateral and track record to obtain credit facilities from financial institutions by providing guarantee cover on such facilities. CGC has availed 490,000 guarantees and financing to MSMEs valued over RM82 billion since its establishment.

In February 2018, riding on the digital wave, CGC introduced imSME, Malaysia’s first SME online financing/loan referral platform. imSME aims to ensure MSMEs are able to search and apply for financing by significantly reducing the time taken and hassle.  MSMEs can get into the formal financial system with just four easy steps, receiving a response within two working days, saving them time and cost, with less hassle. There are currently 26 Participating Financial Institutions (PFIs) offering more than 60 financial products, 10 Peer-to-Peer financing platforms, 3 Equity Crowdfunding platforms, 3 Alternative Funding agencies and 3 Capacity Building agencies on board imSME.

As of 31 March 2021, imSME received 2.07 million visitors since its launch on 9 February 2018, clinching over 37,990 registrations.  More than 3,640 applications have been approved amounting to RM369 million.