soft loan schemes by midf development finance division€¦ · johor bharu, johor sarawak branch...
TRANSCRIPT
1 1 1
SOFT LOAN SCHEMES
BY MIDF
DEVELOPMENT FINANCE
DIVISION
2 2 2
MIDF collaborates with MITI and its Agencies as a conduit for assisting specific sectors
and/or industries in restructuring the economic structure targeted by the Government.
AN INTEGRAL PART OF MITI SINCE INCEPTION
3 3 3
The Enlarged Group
31 March 2008
Core
Businesses
Asset
Management Investment
Banking
Development
Finance
Mezzanine
Financing
4 4 4
Extends fixed interest rate financing through
project, machinery, factory financing and
working capital term financing, Islamic
industrial hire purchase and leasing facilities
and revolving credit and factoring.
Continues to remain an important conduit to
disburse Government development funds under
the various special soft loan schemes.
Development Finance Division
Development Finance
We Assist Our Clients To Lower Their Cost Of Doing Business
10,070 financing facilities worth RM12.7 billion
SMEs Financing
5 5 5
OUR FINANCIAL PRODUCTS
DEVELOPMENT FINANCE
6 6 6
No. Financing Products Percentage Financing &
Payment Period
Islamic
(Syariah-based)
1. Factory Financing Up to 90% of the Total Cost of Factory, Land and Buildings
(Up to 25 Years)
Al-Bai Bithaman Ajil (BBA)
(Property/Factory)
2. Machinery
Financing
Up to 90% of Cost of New Machinery
Up to 65% of Cost of Reconditioned/Used Machinery (Up to 7 Years)
BBA
(Machinery)
3. Industrial Hire Purchase (IHP-i)
Up to 90% of Cost of New Machinery/Equipment/
Motor Vehicles
Up to 65% of Cost of Reconditioned/Used Machinery/Equipment/Motor Vehicles (Up to 7 Years)
Al-Ijarah Thumma
Al-Bai
(AITAB)
OUR PRODUCTS
7 7 7
No. Financing Products Percentage Financing &
Payment Period
Islamic
(Syariah-based)
4. Leasing-i Up to 90% of Cost of New Machinery/Equipment/Motor Vehicles
Up to 65% of Cost of Reconditioned/Used Machinery/Equipment/Motor Vehicles (Up to 7 Years)
Al-Ijarah
(Leasing-i)
5. Sales Revolving
Credit (SRC-i)
Up to 90% financing of sales invoice value
(Up to 90 days with an option to extend another 60 days)
Tawaruq
6. Purchase Revolving Credit (PRC-i)
100% financing of raw material supplier’s invoice
(Up to 90 days with an option to extend another 60 days)
Tawaruq
7. Factoring Up to 80% financing of sales invoice value (180 days)
Bai Al-Dayn
OUR PRODUCTS
8 8 8
SCHEME FUNDS MANAGED BY MIDF
9 9 9
Objective:
Assists manufacturing companies to:
(i) modernise and automate manufacturing processes;
(ii) upgrade production capability and capacity;
(iii) minimise dependence on labour - intensive activities and foreign
labour;
(iv) diversify into higher value - added activities;
(v) rationalise and streamline operations including through mergers
and acquisitions;
(vi) tooling acquisition, development and production;
(vii) productivity improvement; and
(viii) enhancing export performance.
MIDF FINANCIAL ASSISTANCE PROGRAMMES
Soft Loan Scheme for Automation & Modernisation
(SLSAM)
10 10 10
Objective:
To provide financing assistance to new start-up companies and/or enterprises for the creation of new services entrepreneurs.
To expand/upgrade/modernise/diversify their services into higher value-added activities and improve productivity and efficiency in service delivery.
Purchase of fixed assets such as land/buildings, machinery/equipment and ICT hardware and software for the purchase or construction or renovation of business premises and for working capital requirements.
MIDF FINANCIAL ASSISTANCE PROGRAMMES
Soft Loan Scheme for Services Sector (SLSSS)
11 11 11
Scheme
Loan Amount Interest
Rate
1.
Soft Loan Scheme for Automation and Modernisation (SLSAM)
Up to RM10 million for each application
4.0%
(SMEs)
5.0%
(Non-SMEs)
2.
Soft Loan Scheme for Services Sector (SLSSS)
Up to RM5 million for each application
4.0%
(SMEs)
5.0%
(Non-SMEs)
MIDF FINANCIAL ASSISTANCE PROGRAMMES
Funds Administered by Ministry of International Trade And Industry (MITI)
12 12 12
Objective:
To assist companies and enterprises to undertake upgrading and
modernisation for diversifying into higher value-added activities and
improving the productivity and efficiency of service delivery.
To address the impact of liberalisation on local services providers by
providing financial assistance to the services sectors to build up its
capacity in order to withstand competition due to the opening up of
markets as well as to strengthen international competitiveness.
MIDF FINANCIAL ASSISTANCE PROGRAMMES
Soft Loan Scheme for Services Capacity Development (SLSCD)
13 13 13
Scheme
Loan Amount Interest
Rate
1.
Soft Loan Scheme
for Services Capacity Development (SLSCD)
Up to RM5 million
4.0%
(SMEs)
5.0%
(Non-SMEs)
MIDF FINANCIAL ASSISTANCE PROGRAMMES
Funds Administered by Malaysian Industrial Development Authority (MIDA)
14 14 14
Objective:
To promote the development of small and medium enterprises in Malaysia.
To assist existing as well as newly start-up enterprises in project, fixed assets
and working capital financing.
MIDF FINANCIAL ASSISTANCE PROGRAMMES
Soft Loan Scheme for Small and Medium Enterprises (SLSME)
15 15 15
Scheme
Loan Amount Interest
Rate
1.
Soft Loan Scheme for Small and Medium Enterprises (SLSME)
Project: Up to RM5.0 million
Fixed Assets: Up to RM5.0 million
Working Capital: Up to RM3.0 million
IT Hardware/Software: Up to RM500,000/-
4.0%
MIDF FINANCIAL ASSISTANCE PROGRAMMES
Funds Administered by SME Corp Malaysia (SME Corp)
16 16 16
NEW FUNDS UNDER RMK 11
17 17 17
• Soft Loan Scheme for Service Export (SLSSE)
MIDF Government Financial Assistance Programme Fe
atu
res
• Financing to defray the cost related to the issuance of a Bank Guarantee or Performance Bond for project execution excluding the principal value of the Bank Guarantee or Performance Bond of up to maximum of RM5 million per company. • Financing to assist MSPs in proposing and planning for overseas’ project negotiations of up to maximum of RM2 million per company. Example of eligible activities are: Preparation of master plan; architectural designs; preparation of blueprint; engineering designs for projects; project management; IC and software design; and IP registration of designs and patents.
18 18 18
• Soft Loan Scheme for Service Export (SLSSE)
MIDF Government Financial Assistance Programme Fe
atu
res
• Payment period of up to 2 years including 6 months grace period. • Fixed profit rate of 2% per annum. • Margin of financing of up to 90%. • Maximum financing up to RM5.0 million
19 19 19
• Soft Loan Scheme for Service Export (SLSSE)
MIDF Government Financial Assistance Programme E
lig
ibil
ity
Registered with MATRADE (MER); Firms incorporated under the Companies Act 1965; OR 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 in operation for at least 1 year; Exporting Malaysian services or product made in Malaysia.
20 20 20
ADVANTAGES
Low Fixed Profit Rates (2%, 4% & 5% per annum)
Great savings on costs of financing
Fixed Profit Rates
No volatility on financial commitment
Grace Period (up to 2 years) - only servicing profit
Eases cash flow
Available For Start-Up Companies
MIDF FINANCIAL ASSISTANCE PROGRAMMES
21 21 21
Eastern Region
Kota Bharu, Kelantan
Southern Region
Johor Bharu, Johor
Sarawak Branch
Kuching, Sarawak
Sabah Branch
Kota Kinabalu,
Sabah Northern Region
Penang
Central
Kuala Lumpur, WP
REGIONAL OFFICES
Northern Region Branch, Georgetown, Penang
Telephone No.: 04-2298434/435/436
Email: [email protected]
Southern Region Branch, Johor Bahru, Johor
Telephone No.: 07-2232727, 07-2243046
Email: [email protected]
Eastern Region Branch, Kota Bharu, Kelantan
Telephone No.: 09-7483546, 09-7461679
Email: [email protected]
Sabah Branch, Kota Kinabalu, Sabah
Telephone No.: 088-211633, 088-211523
Email: [email protected]
Sarawak Branch, Kuching, Sarawak
Telephone No. : 082-254533, 082-254203
Email: [email protected]
22 22 22
THANK YOU