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SME Corp - Digital Financing Initiative
Selamat Datang ke SME Corp. Malaysia MSME Digital Financing@BAP
Agile Access

MSME Digital Financing@BAP


MSME Digital Financing@BAP is undertaken by SME Corp. Malaysia with the aim to provide agile access to financing for Micro, Small and Medium Enterprises (SMEs) via a digital platform.
In this programme, SME Corp. Malaysia is collaborating with microLEAP to:
• provide innovative and quick short-term financing solution for MSMEs through the digital platform;
• simplified documentation process of the applicants; and
• shariah compliant product with 24/7 access for online financing application.

Financing Amount

Up to RM100,000 in Financing


MSMEs can apply for short-term financing from a minimum of RM50,000 up to RM100,000 at a fixed financing rate of 2% per annum up to 36 months tenure for:
1. Working capital for operating expenditure purpose (e.g. purchase of inventory / raw material etc.)
2. Financing for business improvement purpose for:
i. Purchase of machinery & equipment
ii. System, eCommerce, e-Payment and ICT applications
iii. Packaging and Product Packaging
iv. Advertising and Promotion
v. Certification & Quality Management System

Important Note:

• The application processing fee is fixed at 5% of the financing amount to a maximum of RM5,000 per application to be borne by the applicant.
• The discounted credit-checking fee is fixed at RM50 per application to be borne by the applicant.

SME Status

Eligibility Criteria for SMEs


• SME Status Certified
• Registered under Companies Commission Malaysia (SSM)
• The company is at least 60% owned by Malaysian
• The company have been in operations for at least 6 months
• Committed to undergo SCORE/ M-CORE assessment