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FINANCING SCHEME

MIDF/MBSB – Women (independent) SME Entrepreneurs (M-WiSE)

Provider

Malaysian Industrial Development Finance Berhad (MIDF)

Objective

Comprehensive financial solutions and accessibility to assist viable women-owned SME businesses

Funding Amount

RM50,000 – RM1 million

Claim Method

Claim to be given to the vendor/supplier directly or to the applicant if the payment is made in advance.

Applications Document

Basic Required Documents

  1. Valid business license
  2. CTC company form
  3. CTC IC copy for all director/shareholders (front & back)
  4. 6 months bank statement
  5. Latest annual return
  6. Latest 3 years audited financial statement
  7. Draft/latest management account

Note: Additional documents may be requested for credit assessment if necessary.​

Purpose of Financing

Alternative Financing, CAPEX/ Working Capital

Eligibility

  1. Registered with SSM
  2. Annual Sales or Turnover more than RM200,000
  3. At least 51% equity held by a Malaysian woman/women or a CEO/MD who is a Malaysian woman that owns at least 10% equity
  4. In operation for at least 2 years
  5. Manufacturing, Manufacturing-Related Services (MRS), & Services sectors

Scope of Funding

  1. Fixed Assets:
    – Machinery & equipment

 

 

Application Procedure

Fill the form to get the application procedure link

  • MIDF Business Advisory
  • 1-300-88-6433
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