Welcome to SME Corp. Malaysia MSME Digital Financing
Digital Financing Initiative

Background

The Digital Financing Initiative Program is implemented by SME Corp. Malaysia with the aim of providing quick access to financing for Micro, Small and Medium Enterprises (MSMEs) through a digital platform.

In this program, SME Corp. Malaysia collaborates with microLEAP to:

  • provide innovative and quick short-term financing solutions for MSMEs via digital platform;
  • simplify the applicant’s documentation process; and
  • offer Shariah-compliant products with 24/7 access for financing applications online.

Scope of Financing

a) Term Financing

MSMEs can apply for short-term financing from a minimum of RM500,000 up to RM500,000 at a fixed financing rate of 3% per annum for:

  • Working capital for operating expenditure purpose (e.g. purchase of inventory/raw material etc.)
  • Financing for business improvement purpose
    • Purchase of machinery & equipment
    • System, eCommerce, e-Payment and ICT applications
    • Packaging and Product Packaging
    • Advertising and Promotion
    • Certification & Quality Management System

b) Invoice Financing

MSMEs can apply for short-term financing from a minimum of RM10,000 up to RM1,000,000 at a financing rate between 0.25% – 0.5% per month for:

  1. Pre-Sales
  2. Post Sales
Important Note:

  • The discounted credit-checking fee is fixed at RM50 per application to be borne by the applicant.

Eligibility Criteria for MSMEs

  • Meets the definition of an MSME with it’s accompanying Certificate that is still valid.
  • 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/MCORE assessment

For more information, please contact:

microLEAP

Whatsapp : 011-5917 1212

Office: 03-7954 0002 / 1212

Email : hello@microleapasia.com

**Important note – Applications can only be made via online.

Disclaimer:

All commitments and assistance extended under the said Programme are subject to the availability of fund. SME Corp. Malaysia reserves the right to discontinue or suspend the Programme, or change the content or formatting of the Programme, at any time without notice to anyone, and to require the immediate cessation of any specific use of the Programme. In addition, we reserve the right in our sole discretion to suspend, terminate or restrict the public’s access to the Programme at any time and for any reason. SME Corp. Malaysia will not be held liable for any loss or damage suffered by any Parties participating in this Programme.

WARNING: Providing false or misleading information for the purpose of defrauding SME Corp. Malaysia is a crime under the Penal Code which penalties include imprisonment and with whipping and shall also be liable to fine. In addition, SME Corp. Malaysia may deny any benefits, rewards or assistance if false information is associated to an application.