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Malaysian Industrial Development Finance Berhad (MIDF)

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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 :
  • Malaysian-owned (min. 60% equity) companies incorporated under the Companies Act 1965
  • Possess a valid business licence
  • Business has been in operation for at least 2 years
  • Registered members of MACPMA, PROTON   Components and Parts Manufacturers Association or PERODUA Vendors Club
Eligible sector / Types of financing  
  • Automotive parts
  • Components manufacturing
Application procedure : Applications to be submitted to MIDF
Contact :

Assistant Vice President and Head
Group Corporate Communications,
Malaysian Industrial Development Finance Berhad (3755-M),
Level 19, Menara MIDF,
82, Jalan Raja Chulan,
50200 Kuala Lumpur

Tel : (603) 2173 8888
Fax : (603) 2173 8877
E-mail:inquiry@midf.com.my

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 :
  • SMEs incorporated under the Companies Act 1965 or Registration of Business Ordinance 1956
  • At least 60% equity held by Malaysians
  • Subsidiaries of public-listed companies with shareholding not exceeding 20%
  • Companies to be located at approved location without having to close down the existing operation/premises
Purpose of financing  
  • Purchase of ready made factories or/and business premises
  • Purchase of factory lots and construction of factories including related infrastructure
  • Cost of purchase of related machinery and equipment arising from relocation
Eligible sector / Types of financing  
  • Manufacturing
  • Manufacturing Related Services
  • Services (excluding insurance and financial services)
Eligible expenses  
  • Purchase of ready-made factories/business premises;
  • Purchase of factory lot and construction of factories including related infrastructure; and
  • Purchase of related machinery and equipment due to relocation/expansion
Application procedure : Applications to be submitted to MIDF
Contact :

Assistant Vice President and Head
Group Corporate Communications,
Malaysian Industrial Development Finance Berhad (3755-M),
Level 19, Menara MIDF,
82, Jalan Raja Chulan,
50200 Kuala Lumpur

Tel : (603) 2173 8888
Fax : (603) 2173 8877
E-mail:inquiry@midf.com.my

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 :
  • Malaysian-owned (min. 60% equity) companies incorporated under the Companies Act 1965
  • Possess a valid business licence
  • Business has been in operation for at least 2 years
Purpose of financing :
  • Industrial adjustment
  • Automation
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
Group Corporate Communications,
Malaysian Industrial Development Finance Berhad (3755-M),
Level 19, Menara MIDF,
82, Jalan Raja Chulan,
50200 Kuala Lumpur

Tel : (603) 2173 8888
Fax : (603) 2173 8877
E-mail:inquiry@midf.com.my

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 :
  • SMEs incorporated under the Companies Act 1965 or Registration of Business Ordinance 1956;
  • At least 60% equity held by Malaysians;
  • Subsidiaries of public listed companies (not exceeding 20% shareholding); and
  • Possess valid premises license
Purpose of financing : To purchase software and hardware items to upgrade business efficiency and operation.
Eligible assistance   Purchase of the following:
  • Software for upgrading engineering design capabilitis;
  • ERP softwareor other similar software;
  • Software such as Point of Sales System, Tracking System, Automated Store Management System and Inventory Management System;
  • Supporting software for specific industry such as animation, aviation, web hosting and others;
  • Related hardware, equipment and training costs.
Eligible sector / Types of financing :
  • Manufacturing
  • Manufacturing Rrelated Services
  • Services (excluding insurance and financial services)
Application procedure : Applications to be submitted to MIDF
Contact :

Assistant Vice President and Head
Group Corporate Communications,
Malaysian Industrial Development Finance Berhad (3755-M),
Level 19, Menara MIDF,
82, Jalan Raja Chulan,
50200 Kuala Lumpur

Tel : (603) 2173 8888
Fax : (603) 2173 8877
E-mail:inquiry@midf.com.my

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 :
  • Land and Building : up to 15 years including grace period of up to 2 years;
  • IT Equipment : Up to 4 years including grace period of up to 1 year;
  • Revolving Working Capital - Subject to annual review
  • Machinery and Equipment : Up to 6 years including grace period of up to 1 year
  • Term Working Capital : Up to 3 1/2 years including grace period of up to 6 months
Minimum financing : RM50,000
Maximum financing :
  • Project Financing : RM 1.5 million
  • Fixed Assets Financing : RM 1 million
  • Working Capital Financing : RM 1 million
Participating financial institutions / Implementing Ministry / Agency : Malaysian Industrial Development Finance Berhad (MIDF)
Eligibility criteria :
  • SMEs incorporated under the Companies Act 1965 or Registration of Business Ordinance 1956;
  • At least 60% equity held by Malaysians;
  • Subsidiaries of public listed companies (not exceeding 20% shareholding); and
  • Possess valid premises license
Purpose of financing : Project, fixed asset and working capital financing
Eligible sector / Types of financing :
  • Manufacturing
  • Manufacturing Rrelated Services
  • Services (excluding insurance and financial services)
Eligible expenses  
  • Project, fixed assets and working capital financing;
  • Costs incured for initial store renovation and upgrade of store display for retail trade
  • Working capital for companies with confirmed contract from GLCs, MNCs, and the government including its agencies
Application procedure : Applications to be submitted to MIDF
Contact :

Assistant Vice President and Head
Group Corporate Communications,
Malaysian Industrial Development Finance Berhad (3755-M),
Level 19, Menara MIDF,
82, Jalan Raja Chulan,
50200 Kuala Lumpur

Tel : (603) 2173 8888
Fax : (603) 2173 8877
E-mail:inquiry@midf.com.my

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 :
  • Malaysian-owned (minimum 60% equity) companies incorporated under the Companies Act 1965
  • Shareholding by public listed companies should not exceed 20%
  • A licensed/approved factory premises located in Terengganu
Purpose of financing :
  • Expansion of productive capacity
  • Working capital
Eligible sector / Types of financing :
  • Manufacturing (including manufacturing related services)
  • Services
Eligible expenses  
  • Project, fixed assets and working capital financing;
  • Costs incured for initial store renovation and upgrade of store display for retail trade
  • Working capital for companies with confirmed contract from GLCs, MNCs, and the government including its agencies
Application procedure : Applications to be submitted to MIDF
Contact :

Assistant Vice President and Head
Group Corporate Communications,
Malaysian Industrial Development Finance Berhad (3755-M),
Level 19, Menara MIDF,
82, Jalan Raja Chulan,
50200 Kuala Lumpur

Tel : (603) 2173 8888
Fax : (603) 2173 8877
E-mail:inquiry@midf.com.my

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 :
  • Malaysian-owned (minimum 60% equity) companies incorporated under the Companies Act 1965
  • The applicant is the registered owner of the trademark
  • Annual sales turnover not less than RM5 million
  • At least 3 years’ sales record with minimum 20% export sales in the previous financial year
Purpose of financing :
  • Branding and re-branding exercise
  • Overseas distribution channels
  • Participation in the International trade fair
  • Advertisement and Promotional activities overseas
Eligible sector / Types of financing :
  • Manufacturing
  • Services
Application procedure : Applications to be submitted to MIDF
Contact :

Assistant Vice President and Head
Group Corporate Communications,
Malaysian Industrial Development Finance Berhad (3755-M),
Level 19, Menara MIDF,
82, Jalan Raja Chulan,
50200 Kuala Lumpur

Tel : (603) 2173 8888
Fax : (603) 2173 8877
E-mail:inquiry@midf.com.my

 

 
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