Background
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 (MSMEs) 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.
Scope of Financing
SMEs 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 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
Important Note:
|
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
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.