Soft Loan Scheme for Services Sector (SLSSS)

  • To provide financing assistance to new start-up companies and / or enterprises for the creation of new services entrepreneurs
  • To provide financing assistance to the services sector to expand / upgrade / modernise / diversify their services into higher value-added activities and improve productivity and efficiency in service delivery
Financing type
Financing rate

4% per annum for SMEs
5% per annum for non-SMEs

Financing tenure
  • Land & buildings – Up to 15 years including a grace period of up to 2 years
  • Machinery / equipment / motor vehicles / other fixed assets – Up to 6 years including a grace period of up to 1 year
  • IT Hardware and software – Up to 4 years including grace period of up to 1 year
  • Working capital - Sales revolving credit & purchase revolving credit - Up to 150 days
  • Advertising and promotional - Up to 3 years including grace period of up to 1 year
Financing amount (max)

RM5 million

Purpose of Financing
Working Capital
Eligibility criteria
  • Companies incorporated under the Companies Act 1965 or enterprises registered under the Registration of Businesses Ordinance 1956 or services providers registered under the Certificate of Practice any Professional Regulatory Bodies
  • At least 60% equity held by Malaysians
  • Possesses a valid premises licence
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

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