Soft Financing Scheme for Bumiputera Automotive Entrepreneurs (SFSBAE)

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Facilitate Open Approved Permit Holders in business expansion and diversification.

Financing Amount (cheque icon)

Financing Amount

RM100,000 – RM5 million

Percentage icon (Financing rate)

Financing Rate

3.5% p.a. on monthly rest

FInancing rate (pie chart icon)

Margin of Financing

Up to 100%

Financing item (list icon)

Financing Item

  • Commercial Property
  • Machinery & Equipment
  • IT Hardware & Software
  • Working Capital
  • Factoring Facility
Financing Tenure (calendar icon)

Tenure

Up to 25 years

Up to 9 years

Up to 9 years

Up to 5 years

Up to 180 days

Eligibilty (checkmark icon)

Eligibility

  • Registered with SSM
  • Annual Sales or Turnover more than RM200,000
  • At least 51% equity held by Malaysians
  • In operation for more than 6 months
  • Open Approved Permit (AP) Holders
  • Manufacturing and Services 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

  1. Valid business license
  2. CTC company form
  3. CTC IC copy for all director/shareholders (front & back)
  4. 6 months bank statement
  5. Latest annual return
  6. Latest 3 years audited financial statement
  7. Draft/latest management account

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

Financing Calculator

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.

Let’s drive your business forward

We will provide strategic solutions and guide you with getting the right financing tailored to your needs.

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