Soft Financing Scheme for Bumiputera Automotive Entrepreneurs (SFSBAE)

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Facilitate Open Approved Permit Holders in business expansion and diversification.

Financing Amount

RM100,000 – RM5 million

Financing Rate

3.5% p.a. on monthly rest

Margin of Financing

Up to 100%

Financing Item

Commercial Property
Machinery & Equipment
IT Hardware & Software
Working Capital
Factoring Facility

Tenure

Up to 25 years

Up to 9 years

Up to 5 years

Up to 180 days

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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

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 Bumiputera Automotive Entrepreneurs (SFSBAE)

Facilitate Open Approved Permit Holders in business expansion and diversification.

Financing Amount

Financing Rate

Margin of Financing

Financing Item

Tenure

Eligibility

Basic Required Documents

Financing Calculator

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