SME Technology Transformation Fund (STTF) is part of the Government’s economic stimulus package to provide financial assistance to 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.


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.

All SMEs 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;
  • Financially solvent; and
  • No legal action against the Company or any of its director/ shareholder/ partner/ owner/ guarantor under the laws of Malaysia. 
Economic Sector
  • Services
  • Manufacturing
Margin of Financing
  • Up to 80% of the acquisition cost.
Financing limit
  • Financing amount ranging from RM100,000 to RM3.0 million
  • Up to 10 years
Profit Rate
  • 4.0% p.a (inclusive of guarantee fee)
  • Asset financed
  • Guarantee scheme from Credit Guarantee Corporation (CGC) or Syarikat Jaminan Pembiayaan Perniagaan (SJPP).
Required Documents
  • Photocopy of identity card of all directors/ shareholders/ partners/ owner/ guarantors.
  • Photocopy of valid business registration.
  • Certified secretarial documents (for example Form 24, Form 49, M&A, whichever is applicable).
  • Latest audited for the financial year end is not more than or equivalent to 18 months from the date of financing application.
  • Certified true copy of latest 6 months bank’s statements.
  • Business plan that highlight the adoption of digitalisation and automation. This also include the operational efficiency, increase productivity and cost effectiveness.
  • Any other documents required by the Bank pertaining to the financing.
Download Product Disclosure Sheet

Any further enquiries, please contact our Customer Service Centre at 03-2603 7700




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