Second Chance Financing (2CF)

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Aids viable SMEs in swiftly recovering from crises and reintegrating into the economy.

Financing Amount

RM50,000 – RM5 million

Financing Rate

3% p.a on monthly rest

Margin of Financing

Up to 100%

Financing Item

Machinery & Equipment
IT Hardware & Software
Working Capital

Tenure

Up to 10 years

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Eligibility

SMEs registered with SSM or statutory bodies for professional service providers
Annual Sales or Turnover more than RM200,000
At least fifty-one per centum (51%) equity/ownership held by Malaysians
Facing financial problem and having difficulties to obtain financing from financial institutions
Having new viable project/ business or to continue with the existing project/business i.e. must have ability and potential to generate sufficient cash flow to serve the financing; and
Must not have any winding-up action/order against the company or bankruptcy action/judgements against proprietors/partners.
Manufacturing & Services sectors

Connect with Our Technology Solution Providers

For SMEs ready to embrace innovation and automation, reach out directly to any of our technology solution providers:

1. Pentamaster Corporation Berhad

Specializing in automated test equipment, factory automation, and robotics for industries like semiconductors, automotive, and logistics. Pentamaster’s solutions aim to enhance productivity and efficiency in manufacturing.

Email: jack.ng.chin.keng@pentamaster.com.my

2. Pingspace Sdn. Bhd.

Affordable, fully managed robotics solutions for warehouse automation, Pingspace automates storage and picking processes, optimizing productivity and minimizing errors.

Email: dikenchuah@pingspace.co

3. Hiton Industry Solutions Sdn. Bhd.

Dedicated to sustainable development through R&D and innovation, HITON delivers automation and green tech solutions that boost efficiency and support Malaysia’s industrial goals.

Email: ccseow@hiton.my

4. Vepro Group Sdn. Bhd.

A leading provider of automation, robotics, and packaging solutions for manufacturing, Vepro focuses on enhancing efficiency and innovation in industrial automation across Malaysia and Southeast Asia.

Email: my.sales@veprogroup.com

5. Kobay Technology Bhd.

Precision engineering and high-quality manufacturing solutions for aerospace, electronics, and oil & gas industries, specializing in automation equipment and custom tooling solutions.

Email: vincentfoo_ktmh@kobaytech.com

6. UBCT Industrial Solutions Sdn. Bhd.

Industry 4.0 experts providing Warehouse Management Systems, robotics, and automation to streamline operations, address labor shortages, and enhance productivity.

Email: sales@ubct.com.my

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Consult with Our Collaborative Partners‍

SMEs can also contact our collaborative partners, SIRIM Berhad and MTDC, for consultations and matching with suitable technology providers.

DiscoverHow FRF Can Transform Your Business

Ready to accelerate toward a tech-driven future? Reach out today and discover how FRF can empower your business for success in the digital economy!

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.

Basic Required Documents

Valid business license
CTC company form
CTC IC copy for all director/shareholders (front & back)
6 months bank statement
Latest annual return
Latest 3 years audited financial statement
Draft/latest management account

Note: Additional documents may be requested for credit assessment if necessary.

Apply Now

Second Chance Financing (2CF)

Aids viable SMEs in swiftly recovering from crises and reintegrating into the economy.

Financing Amount

Financing Rate

Margin of Financing

Financing Item

Tenure

Eligibility

Connect with Our Technology Solution Providers

Basic Required Documents

Financing Calculator

Let’s drive your business forward

Our Contacts