Malaysian Industrial Development Finance Berhad (MIDF), being an agency under the Ministry of International Trade and Industry (MITI) is to assist companies and enterprises in business operations in the form of soft loans which will help to reduce the cost of financing.
To further broaden their roles in assisting members in adopting digitalisation and technology, MIDF had established Soft Financing Scheme for Digital & Technology (SFDT), primarily to encourage and increase utilisation of digital technologies among local SMEs as means to escalate competitiveness and efficiency and marketability.
Under SFDT, members will enjoy better financing features as depicted herein:
| i. | As low as 4% p.a on yearly reducing balance; |
| ii. | Financing amount up to RM1 million; |
| iii. | Up to 90% financing; and |
| iv. | Up to 5 years repayment tenure |
Attached is the detailed Soft Financing Scheme for Digital & Technology (SFDT) for your reference and attention.
Members who are keen to explore SFDT and wish to grow their businesses further, can e-mail to GrowYourBusiness@midf.com.my or speak to MIDF Business Advisory Consultant at Tel: 1-300-88-6433
Attachment:
1. Soft Financing Scheme for Digital & Technology (SFDT)
How YGL BeyondERP can help SMEs in manufacturing industry to adopt and implement Industry 4.0?
We Help Manage Industry 4.0 Implementation via ERP System
With YGL, you’ll be working with the most experienced professionals in the ERP industry. Whether you need short-term support or resources for a long term engagements, our ERP Consultants have the expertise to help you implement and integrate the ERP system requirement for Industry 4.0. With a core team of functional and technical ERP consultants that are both skilled and certified, we can quickly implement a robust ERP System to maximize the value of your investment.
YGL BeyondERP system applications allows you to enable a seamless workflow from your finance to warehouse and right down to your production efficiency by providing you the essential management dashboard which allows you to have a clear visibility.
As an industry leader in ERP system Implementation, we can be sure that each YGL consultants have the highest qualifications. We provide a wide range of ERP System Integrations with experience ranging from IOT(Internet of Things) right down to Data analytics on OEE (Overall Equipment Effectiveness), supporting all functional modules to complete project management for your project needs. All of our consultants are fully vetted for the project they’re submitted for, which means you’re only reviewing the most qualified consultants who do what you need done.
We Can Help to implement ERP System Integration under Industry 4.0
We look forward to hearing from you. Contact us today so that we can help you with our YGL BeyondERP which is strategy Industry 4.0 ready implementation needs heading towards Industry 4.0.
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