What is Micro Financing/-i?

Funding Societies Micro Financing/-i is a business financing product that offers micro credit opportunities to SMEs. As a business owner, you can utilise the opportunities to maintain cash flow and enhance your business day-to-day. We offer both Micro Financing (conventional) and Micro Financing-i product based on the business activities and needs of the SMEs.

How does Micro Financing/-i work?

With Funding Societies Micro Financing/-i, you can apply for a financing amount of up to RM200,000 subject to an interest rate (for conventional) / profit rate (for Islamic) of 0.8% - 1.5% per month and a credit period of up to 18 months. Once you have accepted our offer, we will credit the approved financing amount to you, with applicable fees deducted upfront from the amount.

How long is the credit period for Micro Financing?

Depending on your needs and the nature of your financing, you could apply for a credit period/tenure of 6, 9, 12, or 18 months.

How do I apply for Micro Financing?

If this is your first time with us, here is a run-through on the application process Step 1: Complete the Application form on our page Step 2: Submit the documents required for the application Copy of all Director(s) NRIC/Passport Latest 6-months Bank Statement Latest 2 years personal Income Tax Assessment (Optional) Step 3: Check your email for updates on your financing application Step 4: Accept the approved financing offer from us (if you’re agreeable to the terms) We will credit the funds into your designated business bank account upon successful funding exercise and your repayment cycle shall begin the following month.

Are there any fees and charges for Micro Financing?

Just like any other financing product, the following fees/charges will be applicable: Micro Financing-i Drawdown Fee: 5% of the approved financing amount, deducted upon disbursement. Guarantee Fee: 5% of the approved financing amount, deducted upon disbursement. Micro Financing(Conventional) Utilisation Fee: 5% of the approved financing amount, deducted upon disbursement. Guarantee Fee: 5% of the approved financing amount, deducted upon disbursement.

What if I can’t make my payments on time for Micro Financing ?

Micro Financing-i Late Payment Charges which consist of Compensation (Ta’widh) and Penalty (Gharamah) will be charged subject to the following conditions: For default payment before maturity date: Compensation (Ta’widh) may be imposed at the rate of 1% p.a. on the overdue payment and shall not be compounded. For default payment after maturity date: Compensation (Ta’widh) may be imposed at the rate of 1% p.a. on the overdue balance (overdue principal and accrued profit). Funding Societies may charge both Compensation (Ta’widh) and Penalty (Gharamah) as Late Payment Charges at a maximum rate of 10% p.a. Micro Financing (Conventional) If you are late in making your repayments, the following fees/charges will be imposed Late Penalty Fee: RM200 per repayment cycle Late Interest Fee: 0.1% per day (non-compounded) on the amount in arrears

Can I make an early settlement for Micro Financing?

Early repayments are always encouraged, as SMEs are able to save more on interest and profit shared. For Micro Financing (Conventional), the early repayments are subjected to a 2% early repayment fee on the remaining principal amount to partially compensate our investors on the loss of their residual interest.

What criteria can I use to determine whether my business is eligible for Micro Financing-i?

If your core business involves the trading of anything on the following list, you may not be eligible for SME Micro Financing/-i : alcohol gambling pornography tobacco and dangerous drugs entertainment-related companies – such as karaoke lounges serving alcohol, film production houses producing mainly illicit movies, cinemas that typically screen entertainment-related movies pork and its by-products food items that are prohibited under the teaching of Islam such as frogs, snakes, crocodiles shariah non-compliant massage parlours that allow treatment from the opposite gender prostitution interest-based lending, including credit sales with interest charges conventional insurance and unit trust agencies; and/or production and distribution of idols, statues, and materials and places for worshipping other than Allah

Benefit of Micro Financing from Funding Societies Malaysia?

Apply in 5 minutes Get the money in less than 5 days Rates between 0.8% - 1.5% per month Tenure up to 18 months Shariah financing is available

Why have I not gotten my financing approved within 15 minutes?

No worries! We just need a bit more time to take a closer look at your application. Our team is personally reviewing everything to ensure accuracy. We appreciate your patience during this process.

Are my personal application details safe and protected with the new feature?

Absolutely! Your personal application details are safe and protected. We comply with the Personal Data Protection Act 2010 (PDPA), which regulates the processing of personal data. This means we have stringent measures in place to ensure your information is handled securely and confidentially.https://fundingsocieties.com.my/term-condition

Will getting my financing approved within 15 minutes reduce my financing amount?

No, getting your financing approved within 15 minutes will not reduce your financing amount. The approved amount is based on the documents and information you provided during the application. If you wish to appeal for a higher amount, please contact our sales team when you receive the offer. We will gather additional supporting documents, such as extra bank statements, to review your request for a higher amount.

Elevate

Small business financing simplified

Obtain working capital up to RM200,000 to fuel your business.

Flash Approval*

Receive an Update in 15 Minutes

Instant updates via SMS and email, powered by real-time credit checks and bank statement analysis.

Fair & Transparent Decisions

If the system can’t decide in 15 minutes, our credit experts will conduct an in-depth, unbiased review.

Shariah-Compliant Financing

Ethical financing tailored for Malaysian small businesses, because every great empire starts small.

*the Flash Approval feature, promising a 15 minute approval time, is still in its beta testing phase. Only selected applicants will be able to utilize the new feature.

Apply for flash approval*

*the Flash Approval feature, promising a 15 minute approval time, is still in its beta testing phase. Only selected applicants will be able to utilize the new feature.

Empowering Malaysia’s SMEs

"The government welcomes Malaysia start-up companies like PolicyStreet, Dropee, Lapasar, and Funding Societies, which can act as catalysts of change in the MSME sector by offering alternate financing options such as equity crowdfunding."

Dato Seri Anwar Ibrahim

Prime Minister of Malaysia,
The Madani Economy Launch Ceremony, 27th July 2023

Micro Financing/-i is open to

SSM/Local Council registered business with 30% Malaysian ownership

Minimum RM 60,000 revenue per annum (or RM 5,000 per month)

Minimum 6 months in operations

Get started now

Got any questions? Click the floating bubble at the bottom of your screen to chat with us!

The Micro Financing/-i solution for your business needs

All you need is your director’s IC and 6 months of bank statements to apply for business financing.

Apply and get approval in 15 minutes (beta)*. Funds are disbursed within next 2 working days after acceptance.

We charge a one-off utilization and guarantee fee upon disbursement. There are no hidden fees.

Apply in 3 steps

1

1Complete the application form

It will only take a few minutes and you can resume at any point within 14 days.

2

2Receive the financing offer

We will review your application and make a tentative offer within15 minutes (beta)*.

3

3E-sign contract and receive funds

After your financing has been approved, simply e-Sign the contract and receive the funds in your business bank account.

Apply now

Why choose us?

300,000+ registered investors across SEA

RM 18.88 billion financing crowdfunded

Investor fund by Malaysia Trustees Berhad

Registered with Securities Commission Malaysia

Why customers love us?

Warisan Suria Auto Service Centre

Integrated Digital Network

Nashima Group Resources (M)

Malaysia

info@fundingsocieties.com.my
Primary contact
+603 9212 0208

Secondary contact
+603 2202 1013

Unit 15.01 & Unit 15.02,
Level 15, Mercu 3,
KL Eco City, Jalan Bangsar,
59200 Kuala Lumpur

Indonesia

Pemberi Dana
layanan@modalku.co.id
+62 877 7126 5290

Penerima Dana
info@modalku.co.id
+62 877 7873 6144

Unifam Tower, Jl. Panjang Raya
Blok A3 No.1, Kedoya Utara,
Kebon Jeruk, Jakarta Barat,
DKI Jakarta, 11520, Indonesia

Singapore

info@fundingsocieties.com
General Enquiries:
+65 6221 0958

Sales Enquiries:
+65 6011 7534

108 Robinson Road
#06-01
Singapore 068900

Thailand

SME Loan
info@fundingsocieties.co.th
+66 93 139 9721

Investment
invest@fundingsocieties.co.th
+66 62 197 8661

No. 188, Spring Tower,
10th Floor, Phayathai Road,
Thung Phaya Thai Sub-district,
Ratchathewi District,
Bangkok, 10400

Vietnam

info@fundingsocieties.vn
(+84) 28 7109 7896

The Sentry P
16 Nguyen Dang Giai Street,
Thao Dien Ward, Thu Duc City,
Ho Chi Minh City, Vietnam

Dreamplex
174 Thai Ha Street,
Trung Liet Ward, Dong Da District,
Hanoi, Vietnam

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Registered with Securities Commission Malaysia.
Modalku Ventures Sdn Bhd 201601019329 (1190266X)
© 2025 Modalku Ventures Sdn Bhd. All rights reserved.

Funding Societies is a SME Digital Financing Platform registered with Securities Commission Malaysia. It does not fall under the jurisdiction of Bank Negara Malaysia. Therefore, financing products of Funding Societies should not be constructed as business loan, SME loan, micro loan, term loan or any other loans offered by banks in Malaysia and it is to be deemed as an investment note as defined in the Guidelines on Recognised Markets.

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Small business financing simplified