Sustainable Mobility Biz Financing (SMBF)

BACK

Empowers both SMEs & non-SMEs operating within the automotive ecosystem.

Financing Amount

RM50,000 – RM5 million

Financing Rate

  • 2% 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

Tenure

Up to 25 years

Up to 10 years

Up to 7 years

Up to 10 years

Up t0 7 years

Eligibility

  • Registered with SSM/Professional Regulatory Bodies​
  • Annual Sales or Turnover more than RM200,000
  • At least 51% equity held by Malaysians; and
  • In operation for more than 6 months

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 Amount

RM50,000 – RM5 million

Financing Tenure

-Property: Up to 25 years + grace period up to 3 years - Machinery/Equipment: Up to 10 years + grace period up to 1 year - Working Capital: Up to 7 years + grace period up to 1 year

Margin of Financing

Up to 100%

Financing Rate

  • 2% p.a. on monthly rest for SMEs
  • 5% p.a. on monthly rest for non-SMEs

Eligible Items

  • Commercial Property
  • Machinery & Equipment
  • IT Hardware & Software
  • Commercial Vehicles
  • Working Capital

Eligibility

  • Registered with SSM/Professional Regulatory Bodies​
  • Annual Sales or Turnover more than RM200,000
  • At least 51% equity held by Malaysians; and
  • In operation for more than 6 months

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.

MIDF Contact Us