Open & ActiveSoft LoanDirect-apply
MIDF — Soft Financing Scheme for Automation & Modernisation (SFSAM)
Soft Loan — Subsidised (Conventional & Islamic available)
Subsidised loan (4–5% rate, conventional or Islamic) of up to RM20M for Malaysian manufacturing and MRS-sector SMEs investing in automation and modernisation.
Open & Active — Rolling at growyourbusiness.com.my. RM50K–RM20M, 4% SME / 5% non-SME. Manufacturing + MRS only.
Financial Parameters
- Total pool / mandate
- Not publicly disclosed (rolling government fund managed by MIDF DFI)
- Ticket size
- RM50,000 – RM20 million
- Cost of capital
- SME: 4% p.a. on monthly rest; Non-SME: 5% p.a. on monthly rest; Below-market subsidised rates
- Tenure
- Up to 25 years (commercial property); up to 10 years (machinery & equipment, IT hardware/software, commercial vehicles); up to 7 years (working capital, export enhancement)
- Grace period
- Not publicly specified; MIDF standard credit terms apply
- Shariah-compliant
- Both
Focus Areas
- Value chain segments
- Advanced Packaging / OSATEquipment Manufacturing / AutomationFabrication / FoundryIC Design & Embedded Systems
- Use of proceeds
- CapExWorking Capital
- Company stage
- Any stageEstablished / Mid-tier
Eligibility
- Ownership requirement
- ≥51% Malaysian-owned; registered with SSM; in operation ≥2 years (or ≥6 months with management having ≥5 years relevant experience); manufacturing or Manufacturing Related Services (MRS) sectors; annual turnover >RM200,000
Operating SME or non-SME; any stage; revenue-generating (>RM200K annual turnover); manufacturing and MRS sectors
Application
- Application cycle
- Rolling basis — direct application via MIDF portal (growyourbusiness.com.my) or MIDF branches
Background
- Example recipients
- PA Food Sdn Bhd (food manufacturing); semiconductor OSAT and E&E equipment manufacturers automating production lines
- Notes / source
- Source: MIDF growyourbusiness.com.my, https://www.growyourbusiness.com.my/financing/soft-financing-scheme-for-automation-and-modernisation