Soft Financing Scheme for Automation & Modernisation (SFSAM)

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Assist manufacturing companies with automation and modernised processes.

Financing Amount

RM50,000 - RM20 million

Financing Rate

4% p.a. on monthly rest for SMEs
5% p.a. on monthly rest for non-SMEs

Margin of Financing

Up to 100%

Financing Item

Commercial Property
Machinery & Equipment
IT Hardware & Software
Commercial Vehicles
Working Capital
Export Enhancement

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Tenure

Up to 25 years

Up to 10 years

Up to 7 years

‍

Eligibility

Registered with SSM
Annual sales or turnover more than RM200,000
At least 51% equity held by Malaysians
In operation for at least 2 years
For start-up companies in operation for at least 6 months with director/shareholder/key management having 5-year experience in similar industry or relevant field
Manufacturing and Manufacturing Related Services(MRS) sectors

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.

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Soft Financing Scheme for Automation & Modernisation (SFSAM)

Assist manufacturing companies with automation and modernised processes.

Financing Amount

Financing Rate

Margin of Financing

Financing Item

Tenure

Eligibility

Basic Required Documents

Financing Calculator

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