SME who are eligible could use the government borned loan under the SME Automation and Digitalisation Facility (ADF) to finance our solution.
- Incentivizes SMEs to automate processes and digitalize operations, leading to increased productivity and efficiency.
- Eligible SMEs can obtain financing of up to RM3 million to purchase our solution
- Tenure of up to 10 years.
- Financing rate is up to 4.00% p.a. (inclusive of guarantee fee, if any).
- Eligible SMEs can obtain the guarantee scheme by Syarikat Jaminan Pembiayaan Perniagaan Berhad (SJPP) / Credit Guarantee Corporation (CGC).
- The facility is not for refinancing of existing financing facilities.
- Malaysian SMEs that fulfill the eligibility criteria can benefit from this facility.
Visit Bank Negara Malaysia for more information about SME Automation and Digitalisation Facility (ADF).
Scheme Limit: RM3 billion (on a revolving basis until expiry of the Scheme).
Tenure of Financing: Up to fifteen (15) years or until 31st December 2035, whichever is earlier.
- Minimum: RM100,000 only & Maximum: RM10 million only.
Guarantee Coverage: 80% guarantee of the financing obtained from the participating financial institutions (including principal and interest/ profit) by the Government of Malaysia.
Guarantee Fee: 0.75% per annum payable upfront.
Source of Funds/ Financing Facility: From the participating financial institutions.
Interest/ Profit Rate: Determined by participating financial institutions
Visit SJPP for more information about Automation & Digital Guarantee Scheme (ADGS)