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[SMEJS] CIR M04/07: 2% SOFT LOAN SCHEME BY MALAYSIA INDUSTRIAL DEVELOPMENT FINANCE BERHAD (MIDF)

08-07-2008

Dear all,

CIR M04/07: 2% Soft Loan Scheme by Malaysia Industrial Development Finance Berhad (MIDF)

MIDF invites all SME Johor Selatan members and associates to apply for the low interest loan scheme as announce by Minister of International Trade & Industry, Tan Sri Muhyiddin Yassin in order to reduce the burden of businesses due to the increase of the petroleum price.

The loan included Soft Loan Scheme For Small and Medium Enterprise (SFSME), Soft Loan Scheme For Factory Relocation (SLSFR), & Soft Loan Scheme For ICT Adoption (SLICT). The annual Interest Rate being revises from 4% downward to 2% and financing increase upward from 85% to 90%.

Download the Annex below for details:

Annex 1: Eligibility criteria and main features

Annex II: MIDF Head office and Regional Branch Offices

For further enquiry, kindly contacts Encik Nik Izani Nik Muhammad (Tel: 03 - 2173 8602 or email: nik@midf.com.my) or Encik Leong Kin Choong (Tel: 03 - 2173 8634 or email: leongkc@midf.com.my)

Secretariat
SME Johor Selatan

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