MIDF Group is a financial services provider in four core business areas, investment banking, development finance, asset management and mezzanine financing. MIDF’s Development Finance Division promotes the development of the services and industrial sector in Malaysia through the provision of financing for Malaysian enterprises. The Amanah International Finance (AIF) provides mezzanine financing which is a hybrid of debt and equity. Mezzanine Financing is able to accommodate a wider scope of financing with attractive features that would help accelerate business growth performance. The product is offered to property developers, manufacturing and services sectors.
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.
Items eligible for financing:
Bumiputera Open Approved Permit (AP) holders
Cost: Interest / Profit Rate of 3.5% per annum on yearly rest.
More information: http://www.midf.com.my/index.php/en/what-we-do-en/sme-financing