Jumpstart Financing (JSF)

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Supports Services Sector businesses that have been affected by the COVID-19 pandemic.

Financing Amount

RM50,000 – RM500,000

Financing Rate

2% p.a. on monthly rest for SMEs
3% p.a. on monthly rest for non-SMEs

Margin of Financing

Up to 100%

Financing Item

Working Capital

Tenure

Up to 6 years

Eligibility

Registered with SSM or Professional Regulatory Bodies
Annual Sales or Turnover more than RM200,000
At least 60% equity held by Malaysians
Average monthly revenue over any 6-month period during the pandemic has fallen by 30% compared to pre-pandemic level OR;
Closed for 3 months in aggregate since 18 March 2020
Business is viable and the financing is meant to restart business
Services sector

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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Jumpstart Financing (JSF)

Supports Services Sector businesses that have been affected by the COVID-19 pandemic.

Financing Amount

Financing Rate

Margin of Financing

Financing Item

Tenure

Eligibility

Basic Required Documents

Financing Calculator

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