SME Technology Transformation Fund (STTF)
To provide financial assistance to Micro, Small and Medium Enterprises (SMEs) to adopt digitalisation and/or automation in their business operations in achieving higher productivity, process efficiency, efficient cost management and greater market penetration.
Purpose
The purpose of the financing is for the following purchases:
- Equipment and/or machinery;
- Computer hardware and software;
- IT solutions and services;
- Technology support services; and
- Other intangible assets to enhance productivity and efficiency.
Eligibility
All MSMEs as defined by National Entrepreneur and SME Development Council (NESDC) that meet the following eligibility criteria:
- Registered with Suruhanjaya Syarikat Malaysia (SSM), or authorities/district offices (for Sabah and Sarawak), or statutory bodies for professional service providers.
- Shareholding by Public Listed Companies or Government Linked Companies (if any) shall not exceed 20%.
- At least 51% of shares held by Malaysian residing in Malaysia;
- At least 2 years in operations;
- Shariah-compliant business
- Financially solvent; and
- No legal action against the Company or any of its director/ shareholder/ partner/ owner/ guarantor under the laws of Malaysia.
Financing Facilities
- Commodity Murabahah Term Financing-i (CMTF-i)
- Ijarah Thummal Bai’ (ITB) Financing
Financing limit
- From RM100,000 to RM3.0 million
Profit Rate
Fund | Profit Rate |
---|---|
Bank Negara Malaysia's SME Automation & Digitalisation Facility (BNM ADF) | 4.00% p.a; inclusive of guarantee fee |
SME Bank Market Fund | 6.00% p.a. (net of 1.00% p.a profit rate subsidy). |
Margin of Financing
- Up to 80% of the acquisition cost
Tenure
- Up to 10 years
Collateral
Collateral acceptable by the Bank as per SME Bank's policy.
Takaful
- Takaful/insurance coverage is mandatory if the asset is given as security for the financing (if applicable). You have the option to select the service offered by our panel Takaful operators or non-panel Takaful operators.
Economic Sector
MSMEs in all economic sectors
Fees & Charges
Product Disclosure Sheet
Jaguh Serantau

A financing programme to support Bumiputera SMEs with the potential to become regional champions.
Social Enterprise Financing Scheme

Financial assistance aimed at Basic Social Enterprises and Accredited Social Enterprises recognised by Kementerian Pembangunan Usahawan Dan Koperasi (KUSKOP) to finance the acquisition of asset and/or working capital requirements.