Business growth is critical for the economic and social development of emerging markets such as ours. MIDF’s role within this spectrum is to assist these businesses in gaining greater access to financing by providing funding for working capital and fixed assets in fulfilling their growth ambitions.
We offer high margin of financing, at fixed profit rates free of any BLR movements, which translate into fixed financing costs for you.
SMEs in the manufacturing sector and its related services, as well as those in the service sectors (excluding insurance and financial services), are able to expand capacity by acquiring industrial or commercial land, as well as construct their own factory or business premises.
It can also be used to acquire ready made factories or business premises, and for renovation or upgrade of business premise and retail outlets.This facility is designed for local companies either SMEs or Non-SMEs in manufacturing and its related services, as well as those in the service sector.
It covers purchase of raw materials, consumables, expenditure on advertising and promotional costs such as media advertising, e-commerce website development and printing of promotional materials.
It also covers receivable financing i.e. Islamic sales revolving credit and factoring.Products and Services
The SLSAM was launched in February 2007.
The fund for this Scheme is channelled by the Government of Malaysia via the Ministry of International Trade and Industry (MITI) to MIDF for the implementation of the Scheme.
Objective:
To encourage manufacturing companies to:
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Eligibility Criteria and Main Features
1. Eligibility:
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2. Sectors:
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3. Financing Amount:
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4. Items Eligible For Financing:
i. Automation
Financing for:
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ii. Rationalisation and/or Streaming of Operations which also includes the facilitation of the Joint – Venture/Technical Partnership and Vendors Consolidation Programme and/or Consolidation of Business Operations from Various Premises into One Premise;
Financing for:
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iii. Tooling Acquisition, Development & Production
Financing for:
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iv. Productivity Improvement
Financing for:
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v. Export Enhancement Programme
Financing for:
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vi. Purchase ICT related equipment i.e. engineering design software or Enterprise Resource Planning (ERP) software or any other similar software and/or together with related computer hardware, peripheral and networking equipment and implementation charges including system study, customisation and training programmes.
vii. Others *
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5. Percentage Financing:
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6. Repayment:
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7. Interest / Profit Rate:
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Definition of SMEs As Endorsed By National SME Development Council (NSDC) :-
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The SLSME was launched in December 2001 to promote the development of small and medium enterprises in Malaysia. This Scheme assists existing as well as newly start-up enterprises in project, fixed assets and working capital financing.
The fund for this Scheme is channelled by the Government of Malaysia via SME Corporation Malaysia to MIDF for the implementation of the Scheme.
Eligibility Criteria and Main Features
1. Eligibility:
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2. Sectors:
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3. Financing Amount:
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4. Items Eligible For Financing:
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5. Percentage Financing:
Fixed Assets/IT Hardware/Software:-
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Working Capital:-
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6. Repayment:
Fixed Assets/IT Hardware/Software:-
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Working Capital:-
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7. Interest / Profit Rate:
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Definition of SMEs As Endorsed By National SME Development Council (NSDC) :-
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The SLSSS was established and funded by the Government of Malaysia to provide financing assistance to companies and enterprises in the services sector.
The objectives of the Scheme are:-
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The Scheme provides financing to companies and enterprises for the purchase of fixed assets such as land/buildings, machinery/equipment, and ICT hardware and software, for the purchase or construction or renovation of business premises and for working capital requirements.
MIDF is the implementing agency of the Scheme which is administered by the Ministry of International Trade And Industry (MITI).
Eligibility Criteria and Main Features
1. Eligibility:
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2. Sectors:
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3. Financing Amount:
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4. Items Eligible For Financing:
Fixed Assets
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Working Capital
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5. Percentage Financing:
Fixed Assets
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Working Capital
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6. Repayment:
Fixed Assets
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Working Capital
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7. Interest / Profit Rate:
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Definition of SMEs in Services Sector As Endorsed By National SME Development Council (NSDC) :-
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The SLBAE was established and funded by the Government of Malaysia to facilitate and assist Open Approved Permit (AP) holders to expand and diversify into other automotive-related businesses and to sustain and enhance Bumiputera participation in the automobile industry.
MIDF is the implementing agency of the Scheme which is administered by the Ministry of International Trade and Industry (MITI).
Eligibility Criteria and Main Features
1. Eligibility:
Companies incorporated under the Companies Act 1965 and Companies Act 2016 with:
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2. Sectors:
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3. Financing Amount:
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4. Items Eligible For Financing:
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5. Margin of Financing:
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6. Repayment:
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7. Interest / Profit Rate:
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2. Sectors:
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3. Financing Amount:
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4. Items Eligible For Financing:
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5. Margin of Financing:
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6. Repayment:
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7. Interest / Profit Rate:
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Objective:
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Eligibility Criteria:
Malaysian Service Providers (MSPs) must be:
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Eligibility Sectors:
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Eligible Expenses And Financing Amount:
Activity 6: Eligible Expenses: |
Activity 7: Eligible Expenses: |
Activity 8: Eligible Expenses: |
Activity 9: Eligible Expenses: |
Activity 10: Eligible Expenses: ii) Other Expenses Eligible Expenses: |
Financing Limit:
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Percentage of Financing:
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Interest / Profit Rate:
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Financing Tenure:
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Objective:
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Eligibility Criteria and Main Features
1. Eligibility:
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2. Sectors:
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3. Financing Amount:
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4. Items Eligible For Financing:
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5. Percentage Financing:
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6. Repayment:
Up to 5 years (including grace period of up to 1 year)
Up to 5 years (including grace period up to 6 months)
Up to 150 days for each drawdown including an option to rollover for a period not exceeding
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7. Interest / Profit Rate:
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Definition of SMEs As Endorsed By National SME Development Council (NSDC) :-
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Following the success of Biotechnology Commercialization Fund (BCF) program under RMK-10, the Goverment is extending the program for RMK-11, now known as BCF 2.0, with the purpose of bridging the funding gaps for both private and public sectors to enable bio-based companies to progress and develop further.
1. Scope and Types of Financing:
A. Program for Business Sustenance Scheme "BSS SCHEME" B. Program for Business Development Scheme "BDS SCHEME" |
2. Eligibility Criteria:
a) BioNexus Status ("BNX") Companies:
b) Bioeconomy Transformation Programme ("BTP") Trigger Project Owners (Companies):
c) Bioeconomy Community Development Programme ("BCDP"):
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3. Expenditure Covered:
A. The typical expenditure allowable under the BSS facility includes as follows:
B. The typical expenditure allowable under the BDS facility includes as follows:
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4. Financing Amount:
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5. Margin of Financing:
A. BSS Scheme
B. BDS Scheme
All of which the margin of financing and subject to MIDF's approval. |
6. Facility Tenure and Repayment Period:
A. Facility’s the BSS Scheme shall be as follows:
B. Under the BDS Scheme, financing tenure will be up to a maximum of seven (7) years (including grace period of up to eighteen (18) months). |
7. Profit Rate
A profit rate of 5.00% will be charged on yearly rest basis on the amount disbursed. |
Hotline: 1-300-88-6433 (MIDF)
E-mail: GrowYourBusiness@midf.com.my
Hotline service: 9.00 am - 5.00 pm (Monday - Friday), excluding Public Holiday
We, at Development Finance Division (DFD), pledge to provide exemplary services to our Customers through these commitments:
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Client Charter | Achievement | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Oct - Dec 2019 | Jan - Mar 2020 | Apr - June 2020 | July - Sept 2020 | Oct - Dec 2020 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
30 days – Decision for loan application. |
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