[INFORMATION NOTICE] MIDF Profit Financing Rate Reduction Campaign
Sharing of information from Malaysian Industrial Development Finance Berhad (MIDF) on the Profit Financing Rate Reduction Campaign.
MIDF, an agency of the Ministry of International Trade and Industry (MITI), has been instrumental in helping local entrepreneurs with the provision of financing facilities at Government preferential rates for the manufacturing and services sector since 1960.
MIDF provides financing for your business expansion, which includes commercial/ industrial property financing, machinery/ equipment/ motor vehicle financing including IT hardware & software as well as working capital for the purchase of inventory/ raw materials.
Under the PEMERKASA initiative recently announced by the Government, MIDF is offering MIDF Profit Financing Rate Reduction Campaign, which provides financing rates as low as 3% for financing related automation, modernisation, digitalisation and green technology. This campaign is for a period of 12 months, starting 1 April 2021 until 31 March 2022. The campaign flyer and FAQ for your reference (see downloadable content below). Among the funds eligible under this campaign are the Soft Financing Scheme for Automation and Modernisation (SFSAM) and Soft Financing Scheme for Digital & Technology (SFDT). You may refer to the brochures on SFSAM and SFDT.
If you are keen to explore SFSAM and SFDT or wish to grow your businesses further with financing from MIDF, please email to GrowYourBusiness@midf.com.my or speak to MIDF Business Advisory Consultant at 1-300-88-6433.
Download MBAM Circular 071 click here
Download FAQ of MIDF Profit Financing Rate Reduction Campaign click here
Download Info on Soft Financing Scheme for Digital & Technology (SFDT) click here
Download Info on Soft Financing Scheme for Automation and Modernisation (SFSAM) click here