Malaysian SMEs as defined below:
Sectors |
Micro |
Small |
Medium |
Manufacturing |
Annual Sales Turnover is less than RM300,000 |
Annual Sales Turnover is from RM300,000 to less than RM15 million |
Annual Sales Turnover is from RM15 million to less than RM50 million |
Services and Other Sectors |
Annual Sales Turnover is less than RM300,000 |
Annual Sales Turnover from RM300,000 to less than RM3 million |
Annual Sales Turnover is from RM3 million to less than RM20 million |
Note: If a business fulfills either one criteria across the different sizes of operation, then the smaller size will be applicable. For example, if a firm’s sales turnover falls under microenterprise but employment falls under small, the business will be deemed as a microenterprise. |
Four (4) simple steps to apply via imSME:
a) Step 1: Key-in Financing Requirement(s)
b) Step 2: Share Your Business Details
c) Step 3: Register / Log in
d) Step 4: Compare and Choose
Click here to apply now or watch this video to understand more.
Five (5) types of businesses are eligible to apply for financing/loan via imSME as following:
Business |
Definition |
Sole Proprietorship |
Business is wholly-owned by a single trader/ owner. |
Partnership |
Business is owned by two or more persons but not exceeding 20 persons. |
Limited Liability Partnership |
Business which has hybrid characteristics between conventional partnership and a company. Its special features are that of a conventional partnership in terms of the flexibility in its administration and a company in terms of the limited liability status conferred to its partners. |
Sendirian Berhad (Sdn Bhd) |
A company may be incorporated by or have only one member and that single member can also be the sole director of the company. |
Individual (with business license from Local Council) |
Business is licensed by the legislation and administered by various government agencies, statutory bodies and local authorities. |
All SMEs are encouraged to use imSME services especially those from the following:
Type of Industries/Sectors |
Related Business activities |
Agriculture, Forestry & Fishing |
Crops and animal production, forestry and logging, fishing and aquaculture, etc. |
Construction |
Construction of buildings, civil engineering, specialised construction activities, etc. |
Electricity, Gas & Water |
Electricity, gas, steam and air conditioning supply, water collection, treatment and supply, sewerage, waste collection, treatment and disposal activities; materials recovery, remediation activities and other waste management services, etc. |
Financing, Insurance, Real Estate & Business Services |
Financial service activities, insurance/ takaful, reinsurance/ retakaful and pension funding, activities auxiliary to financial service and real estate services, etc. |
Manufacturing |
Manufacture of food products, beverages, textiles, electrical equipment, furniture etc. |
Mining & Quarrying |
Mining of coal and lignite, extraction of crude petroleum and natural gas, mining of metal ores, mining support service activities, etc. |
Other Services |
Any other services that are deemed to be lawful business activities, etc. |
Transport, Storage & Communications |
Water transport, land transport and transport via pipelines, air transport, warehousing and support activities for transportation, postal and courier activities, etc. |
Wholesale & Retail Trade & Restaurants & Hotels |
Wholesale trade, retail trade and repair of motor vehicles and motorcycles, etc. |