FINANCING SCHEME

Soft Financing Scheme for Digital & Technology (SFDT)

Provider

Malaysian Industrial Development Finance Berhad (MIDF)

Objective

To accelerate local SMEs in adoption of e-commerce and digital technologies.

Funding Amount

  1. Financing Amount:RM30,000 - RM1 million
  2. Financing Rate: 4% p.a. on monthly rest for SMEs
  3. Margin of Financing: Up to 90%

Applications Document

  1. Valid business license
  2. CTC company form
  3. CTC IC copy for alldirector/shareholders (front & back)
  4. 6 months bank statement
  5. Latest annual return
  6. Latest 3 years auditedfinancial statement
  7. Draft/latest management account

Purpose of Financing

Eligibility

  1. Registered with SSM
  2. Annual Sales or Turnover more than RM200,000
  3. At least 60% equity held by Malaysians
  4. In operation for more than 6 months
  5. SMEs in all economic sectors

Scope of Funding

  1. Machinery & Equipment
  2. IT Hardware & Software
  3. Commercial Vehicles
  4. Working Capital

Application Procedure

Fill the form to get the application procedure link