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MIDF Soft Loan Scheme For Services Sector (SLSSS)

Malaysian Industrial Development Finance Berhad (MIDF)

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 Soft Loan Scheme For Services Sector (SLSSS) was established and funded by the Government of Malaysia to provide financing assistance to companies and enterprises in the services sector. The Scheme provides financing to companies and enterprises for the purchase of fixed assets such as land/buildings, machinery/equipment, and ICT hardware and software, for the purchase or construction or renovation of business premises and for working capital requirements.

Items eligible for financing:

  • Fixed Assets
  • Working Capital

 

Target Group:

Companies and Enterprises in the Services Sector

 

Cost:

  • Interest / Profit Rate of 4.0% per annum on yearly rest (SMEs)
  • Interest / Profit Rate of 5.0% per annum on yearly rest. (Non-SMEs)

 

Forms available to be downloaded

 

More information: http://www.midf.com.my/index.php/en/what-we-do-en/sme-financing

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