Soft Loan Scheme for Services Export (SLSSE)

Objectives
  • To provide assistance to Malaysian Service Providers (MSPs) to undertake activities to expand and venture into international markets
  • To increase the competitiveness of MSPs abroad
Financing type
Loan
Financing rate

2% per annum

Financing tenure

Up to 5 years including a grace period of up to 6 months

Financing amount (max)

RM5 million

Purpose of Financing
Working Capital
Eligibility criteria
  • Registered with MATRADE Malaysia Exporters Registry(MER)
  • Firms incorporated under the Companies Act 1965
  • Sole proprietors, professionals and partnerships registered with respective professional authorities in Malaysia
  • Having at least 60% equity owned by Malaysian
  • Not a Government Linked Company (GLCs) and company that have Government (federal/state government) equity
  • Company must be currently active in business and inoperation for at least 1 year
  • Exporting Malaysian services or product made in Malaysia
Application procedure
  • Applicants interested in obtaining financing from MIDF are required to provide detailed information to prove the feasibility and viability of their projects, and that the implementation of the project will be under competent management
  • Each application will be considered strictly on its merits through careful evaluation of the project. MIDF personnel will conduct inspection of premises, assess machinery / equipment and appraise the overall existing, as well as proposed operations, including the production layout, technology, turnover of stocks and plant / machinery utilisation. Credit checking is conducted on the applicant and proposed guarantors of the financing applied for
For further information

Fadzlan Abu Bakar
Head, Marketing & Product Development
Tel: 03-2173 8888
Email: fadzlan@midf.com.my


Malaysian Industrial Development Finance Berhad (MIDF)
Development Finance Division
Level 15, Menara MIDF,
82, Jalan Raja Chulan,
50200 Kuala Lumpur