Disclaimer: The information shown is indicative and for illustration only. MIDF does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above do not represent an offer or approval of financing. All applications for financing are subject to MIDF’s credit evaluation and approval.
MIDF's business financing offers a range of financial support solutions designed to help businesses, particularly Small and Medium-sized Enterprises (SMEs), achieve sustainable growth.
MIDF offers flexible tenure options for business financing to cater to the unique needs of each business. The minimum tenure is 1 year, while the maximum tenure can extend up to 25 years, depending on the type of financing and the specific requirements of your business. This flexibility allows businesses to choose a repayment period that aligns with their cash flow and financial strategy.
The financing rates at MIDF vary based on the specific financing scheme and the unique profile of the business. Rates can range from 2% to 6% per annum depending on the type of financing scheme. For detailed information on the rates applicable to your business, we recommend contacting our team for personalised guidance.
Applying for business financing with MIDF is easy and convenient. You can complete your application online by visiting our financing application page: MIDF Financing Application.
To apply for business financing with MIDF, the following documents are typically required:
1. Valid business license
2. Certified true copy (CTC) of the company form
3. Certified true copy (CTC) of the IC for all directors/shareholders (front & back)
4. Bank statements from the last 6 months
5. Latest annual return
6. Audited financial statements for the last 3 years
7. Draft or latest management account
Note: Additional documents may be requested during the credit assessment process, if necessary.
To determine the best financing options for your SME or corporate business, assess your specific financial needs, such as working capital or business expansion. Consider the financing amount, repayment capacity, and preferred tenure based on your cash flow and goals. For personalised advice, consult MIDF's business advisory team to identify the ideal solution for your business growth.
We will provide strategic solutions and guide you with getting the right financing tailored to your needs.