Soft Loan Scheme For ICT Adoption (SLICT)
The Soft Loan was launched to assist SMEs in using information and communication technology (ICT) as a means to improve their competitiveness, efficiency and productivity.
1. Minimum Loan Size: RM20,000
2. Maximum Loan Size: RM500,000
3. Eligible Expenses:
• Purchase of design software or subscription fee/license fee for on - line engineering design services
• Purchase of computer hardware and related equipment
• Training cost
• Purchase of ERP software or subscription to on-line ERP system, or other similar software
• Implementation cost including system study, customisation and training
• Purchase of server & related networking equipment
4. Percentage of Financing: Up to 90 per cent of the cost of eligible items
5. Repayment Period: Up to 5.5 years including grace period of up to 6 months.
6. Interest Rate: 2 % per annum