KUALA LUMPUR (June 3): Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP), wholly owned by the Minister of Finance Inc, is now accepting applications from participating credit companies under a special government guarantee scheme provided for bus and taxi operators. This initiative, called the Bus and Taxi Hire Purchase Rehabilitation Scheme (BTHPRS), was announced by Prime Minister Tan Sri Muhyiddin Yassin under the PEMERKASA Plus package on May 31. It also said that the government will provide a 50% guarantee on restructured hire purchase credit facilities for eligible bus and taxi operators. “With the government guarantee, eligible bus and taxi operators will be able to obtain a 12-month loan moratorium and an extended loan tenure of up to 36 months,” it said. ”With the active participation of all parties, which includes bus and taxi operators, credit companies and associations, and with available information and awareness about the scheme, more operators will benefit from this government guarantee scheme.
