Objective:
Eligibility:
Note: MSME Status is not a prerequisite. MIDF will channel the details of approved applications to SME Corp. Malaysia for the MSME Status registration.
CRITERIA | MAIN FEATURES |
---|---|
Sectors | All economic sectors |
Financing Amount | Minimum: RM50,000 Maximum: RM250,000.00 Note: The maximum limit is per application |
Items Eligible For Financing | Working Capital; Asset financing i.e. Purchase of Machinery/ Equipment/ Commercial Motor Vehicle/ ICT Hardware/ Software. |
Percentage Financing | Up to ninety per cent (90%) of the total costs (as per eligible items) |
Repayment | Maximum of seven (7) years includes the maximum moratorium and grace period. Note: The moratorium and/or grace period is optional to be offered to the customer: |
Interest / Profit Rate | 3% per annum |
For more information and application:
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