Soft Loan For Factory Relocation (SLFR)
The Soft Loan is to assist the SMEs to relocate their factories to designated industrial sites.
1. Minimum Loan Size: RM50,000
2. Maximum Loan Size: RM3 million
3. Eligible Expenses:
§ Purchase of ready-made factories
§ Purchase of factory lot and construction of factories including related infrastructure
§ Costs to purchase related machinery and equipment due to relocation
§ Costs incurred for initial store renovation and upgrade of store display for retail trade
4. Percentage of Financing: Up to 90% of the cost of eligible items
5. Repayment Period: Up to 15 years including grace period of up to 2 years.
6. Interest Rate: 2 % per annum