MDV Liquidity Financing for Tech Start-up (MDV LIFTS) aims to provide immediate, affordable and targeted cash flow support to VCs or Government agency-backed technology start-ups for their working capital & business development requirements via a cash line facility with a competitive profit rate of up to 3.5% per annum. The facility is offered with warrant cover of up to 10% of the financing limit.
Further details to other available programmes or products https://www.mdv.com.my/v3/wp-content/uploads/2020/08/MDV-Brochure.pdf
Online application as per link: http://www.mdv.com.my/v3/contact-us/
1. Company incorporated in Malaysia, no foreign shareholding restrictions.
2. Malaysian Technology Start-ups backed by VCs and/or government funding agencies.
3. Majority owned by Malaysian or majority of the staff are Malaysians or majority of revenue generated in Malaysia.
4. Significant next series funding potential with sustainable and scalable business and revenue model
Level 5, Menara Bank Pembangunan
1016, Jalan Sultan Ismail
50250 Kuala Lumpur