Soft Loan Scheme for Automotive Development
Malaysian Industrial Development Finance Berhad (MIDF)
Objective | : | To assist and encourage the manufacturers of automotive parts and components to enhance and improve their productivity, production and export performance. |
Maximum tenure | 3 to 7 years, inclusive of 1 year grace period | |
Minimum financing | : | RM50,000 |
Maximum financing | : | RM5 million per application |
Eligibility criteria | : |
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Eligible sector / Types of financing |
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Application procedure | : | Applications to be submitted to MIDF |
Contact | : |
Assistant Vice President and Head
Tel : (603) 2173 8888 |
Soft Loan Scheme for Factory Relocation
Malaysian Industrial Development Finance Berhad (MIDF)
Objective | : | Provides assistance for SMEs, including graduates of rehabilitation and incubation to open / relocate / expand their business through acquisition of factory / business premises. |
Maximum tenure | : | 2% per annum |
Minimum financing | : | Up to 15 years including up to 2 years period |
Miniimum financing | : | RM50,000 |
Maximum financing | : | RM1.5 million or 85% of the cost of the project (90% for Bumiputera) |
Participating financial institutions / Implementing Ministry / Agency | : | Malaysian Industrial Development Finance Berhad (MIDF) |
Eligibility criteria | : |
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Eligible expenses |
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Application procedure | : | Applications to be submitted to MIDF |
Contact | : |
Assistant Vice President and Head
Tel : (603) 2173 8888 |
Soft Loan for Automation and Modernisation
Malaysian Industrial Development Finance Berhad (MIDF)
Objective | : | To assist industries to modernise and automate their manufacturing processes and upgrade their production capability and capacity. |
Maximum tenure | : | 4% per annum |
Minimum financing | : | Up to 7 years, inclusive of 1 year grace period |
Miniimum financing | : | RM100,000 |
Maximum financing | : | RM5 million or up to 85% of the project cost |
Participating financial institutions / Implementing Ministry / Agency | : | Malaysian Industrial Development Finance Berhad (MIDF) |
Eligibility criteria | : |
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Purpose of financing | : |
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Eligible sector / Types of financing | : | Manufacturing, electrical and electronics, iron and steel, woods products and furniture, textiles and apparel, plastic and chemical products and automotive |
Application procedure | : | Applications to be submitted to MIDF |
Contact | : |
Assistant Vice President and Head
Tel : (603) 2173 8888 |
Soft Loan for ICT Adoption
Malaysian Industrial Development Finance Berhad (MIDF)
Objective | : | To assist the small and medium enterprises by providing soft loan to enhance their competitiveness, efficiency and productivity through the adoption of ICT in their business management and operation |
Maximum tenure | : | 2% per annum |
Minimum financing | : | Up to 5 1/2 years including max. 6 months grace period |
Miniimum financing | : | RM20,000 |
Maximum financing | : | RM500,000 |
Participating financial institutions / Implementing Ministry / Agency | : | Malaysian Industrial Development Finance Berhad (MIDF) |
Eligibility criteria | : |
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Purpose of financing | : | To purchase software and hardware items to upgrade business efficiency and operation. |
Eligible assistance |
Purchase of the following:
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Eligible sector / Types of financing | : |
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Application procedure | : | Applications to be submitted to MIDF |
Contact | : |
Assistant Vice President and Head
Tel : (603) 2173 8888 |
Soft Loan for SMEs
Malaysian Industrial Development Finance Berhad (MIDF)
Objective | : | To provide financing to SMEs, including new start-up business for working capital requirements and expansion in productive capacity |
Maximum financing rate | : | 2% per annum |
Maximum tenure | : |
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Minimum financing | : | RM50,000 |
Maximum financing | : |
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Participating financial institutions / Implementing Ministry / Agency | : | Malaysian Industrial Development Finance Berhad (MIDF) |
Eligibility criteria | : |
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Purpose of financing | : | Project, fixed asset and working capital financing |
Eligible sector / Types of financing | : |
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Eligible expenses |
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Application procedure | : | Applications to be submitted to MIDF |
Contact | : |
Assistant Vice President and Head
Tel : (603) 2173 8888 |
Special Federal Government’s Fund “Dana Khas Kerajaan Persekutuan” for Terengganu
Malaysian Industrial Development Finance Berhad (MIDF)
Objective | : | To assist start-up and existing SMEs that are based in the state of Terengganu. |
Maximum tenure | : | Up to 6 years |
Maximum financing | : | RM50,000 or up to 60% to100% of the project cost |
Eligibility criteria | : |
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Application procedure | : | Applications to be submitted to MIDF |
Contact | : |
Assistant Vice President and Head
Tel : (603) 2173 8888 |
Special Loan Scheme for International Branding
Malaysian Industrial Development Finance Berhad (MIDF)
Objective | : | To provide financing for businesses to enhance the competitiveness of their Malaysian made products or services in the international market. |
Maximum tenure | : | Up to 4 years, inclusive of 12 months grace period |
Minimum financing | ; | RM50,000 |
Maximum financing | : | RM3 million per application |
Eligibility criteria | : |
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Purpose of financing | : |
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Eligible sector / Types of financing | : |
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Application procedure | : | Applications to be submitted to MIDF |
Contact | : |
Assistant Vice President and Head
Tel : (603) 2173 8888 |