SME Automation and Digitalisation Facility Scheme (ADF)

SME Automation and Digitalisation Facility Scheme (ADF) has been fully utilised and is now closed

  • Objective:
    To incentivise SMEs to automate processes and digitalise operations to improve efficiency and productivity
  • Scheme Limit:
    RM300 million (non-revolving basis until expiry of the Scheme)
  • Tenure of Financing:
    Up to 10 years
  • Availability/ Application Period:
    From 6 March 2020 until the Scheme limit is fully exhausted or until expiry on 31 December 2021, whichever is earlier
  • Purpose of Financing:
    For purchase of equipment, machinery, computer hardware and software, IT solutions and services, technology support services and other intangible assets to enhance productivity and efficiency

    This guarantee scheme cannot be used to refinance existing facility granted by the same or other participating financial institutions
  • Type of Facility:
    Term Loan/ Term Financing only
  • Financing Limit:
    Minimum: RM75,000.00 only
    Maximum: RM3.0 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:
    0.5% per annum payable upfront
  • Source of Funds:
    Bank Negara Malaysia via the participating financial institutions
  • Interest/ Profit Rate:
    Up to 4.0% per annum inclusive of SJPP's guarantee fee