SME Micro Financing/-i

This campaign is open to new SME customers who apply for Micro Financing/-i from Funding Societies between 1 August and 30 September 2025.

This campaign offers two reward tiers, delivered at different stages of your Micro Financing/-i journey:

✅ Step 1 – Upon Application

Rewards:
• 3-month FREE e-Invoice Basic Plan subscription
• RM1,000 onboarding/setup fee waived

How to Get It:
After submitting your Micro Financing/-i application, you will receive an email from Funding Societies to confirm your interest and submit a consent form.
Once submitted (by 15 October 2025), your details will be securely shared with our campaign partner, Jom eInvoice Sdn Bhd, who will contact you to activate your free plan and onboarding waiver.

✅ Step 2 – Upon Disbursement

Reward:
• Option to renew the e-Invoice Basic Plan for 9 additional months at a 33% discount

How to Get It:
If your financing is approved and disbursed on or before 15 October 2025, you’ll receive a follow-up from Jom eInvoice with instructions to subscribe to the extended plan. This renewal is optional and requires your confirmation.

To be eligible, your application must be submitted via the official campaign landing page.

No, the e-Invoice reward is non-transferable and cannot be exchanged for cash.

Yes. The reward is optional. If you do not wish to claim it, you may skip the reward consent form. No impact on your financing.

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.

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. 

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. 

If this is your first time with us, here is a run-through on the application process. You can apply online in just 5 minutes

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.

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.

Micro Financing-i 

Late Payment Charges, comprising Compensation (Ta’widh) and Penalty (Gharamah), will be applied under the following conditions:

• For default payments before and after the maturity date: Compensation (Ta’widh) may be imposed at the rate of 1% p.a. on the overdue balance, which includes the overdue principal and accrued profit. Funding Societies may impose both Compensation (Ta’widh) and Penalty (Gharamah) as Late Payment Charges, subject to 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

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. 

If your core business involves the trading of anything on the following list, you may not be eligible for SME Micro Financing/-i :

1. alcohol;

2. gambling;

3. pornography;

4. tobacco and dangerous drugs;

5. entertainment-related companies – such as karaoke lounges serving alcohol, film production houses producing mainly illicit movies, cinemas that typically screen entertainment-related movies;

6. pork and its by-products;

7. food items that are prohibited under the teaching of Islam such as frogs, snakes, crocodiles;

8. shariah non-compliant massage parlours that allow treatment from the opposite gender;

9. prostitution;

10. interest-based lending, including credit sales with interest charges;

11. conventional insurance and unit trust agencies; and/or

12. production and distribution of idols, statues, and materials and places for worshipping other than Allah.

*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.

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.

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

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.