Application for TEKUN Online Financing Scheme (SPOT) 2026

Good news for online entrepreneurs because you can apply for the TEKUN Online Financing Scheme (SPOT) 2026 to further expand your business.

Here is and info about this financing scheme.

About Kekun Online Financing Scheme (SPOT)

The Tekun Online Financing Scheme (SPOT) is a financing scheme provided by TEKUN Nasional (TEKUN), an agency under the Ministry of Entrepreneurship and Cooperative Development (KUSKOP).

This Tawarruq-based financing scheme is specifically for entrepreneurs who do business through an online medium (online business) to boost and expand their business.

SPOT’s objective is to help online entrepreneurs (online) to boost and expand business.

Priority is given to online business traders who use business platforms such as MyMall, Shopee, Lazada, Zalora and others.

Financing Amount

The following is the amount of financing allocated under the TEKUN Online Financing Scheme (SPOT):

• RM1,000 – RM5,000 for informal entrepreneurs
• RM1,000 – RM20,000 for new entrepreneurs who have a valid license / permit / business register (SSM)

The financing period is up to 60 months @ 5 years with a financing rate of 3% per annum.

Eligibility Conditions

The eligibility requirements for this scheme are as follows:

1. Bumiputera and Malaysian Citizens
2. Aged 18 – 65 years (financing period ends up to 65 years)
3. The applicant is not a bankrupt
4. Company 100% owned by Bumiputera and Malaysian citizens (Company 100% owned by the Indian Community)
5. Have a valid and unexpired License / Permit / Business Register (SSM) / Practice Certificate (Young Professional Program). For informal, confirmation of doing business from the Chairman of the Parliamentary Entrepreneurs and Cooperatives Development Council (MPUKP) / Village Development and Security Committee (JPKK) / Federal Village Development and Security Committee (JPKKP) Penghulu / Tribal Heads (Sabah & Sarawak) or coupons / business permits from the Organizing Committee for night market, farmer’s market or guest market business
6. Have a specific place / business location / doing business on the move (mobile) / online
7. Engaged directly / part time in business
8. One financing per household (except for separate businesses and different business registers)
9. The paid-up capital limit does not exceed RM300,000
10. For the purchase of commercial vehicles / heavy machinery, the amount of financing is 10% of the price of commercial vehicles / heavy machinery (subject to cash flow and the applicant’s financial position)
11. For Partnership ownership, it is necessary to get a letter of permission from the partner that allows the applicant to make financing
12. Ownership of a Sole Proprietorship Berhad (Sdn. Bhd) is required to prepare a Company Resolution according to the format provided
13. The main business activity of an entrepreneur must be Shariah compliant

How to Apply

Applications for the TEKUN Online Financing Scheme (SPOT) can only be made through the TEKUN Branch Office (Over the Counter) which is close to the applicant’s business premises or subject to current changes.

For a full list of TEKUN branches, please visit the TEKUN website at https://www.tekun.gov.my/senarai-pejabat-cawangan/.

Required Documents

Applicants only need to submit the Financing Application Form and additional documents (if applicable) as follows:

1. Copy of Identity Card of applicant and spouse (if applicable) (front and back)
2. License / Permit from PBT or Business Register (SSM): Or
   Confirmation of doing business from the Chairman of the Parliamentary Entrepreneurs and Cooperatives Development Council (MPUKP) / Village Development and Security Committee (JPKK) / Federal Village Development and Security Committee (JPKKP) Penghulu / Tribal Head (Sabah & Sarawak) or coupons / business permits by the Organizing Committee for night market, farmer’s market or guest market business
3. Applicant’s business photo showing ongoing business activities
4. A copy of the latest 3-month transaction Bank Statement of the Savings account / Current account containing the applicant’s name / company, bank name and bank account number
5. Additional documents (if applicable)

Frequently Asked Questions

More Information

For more information, please visit the website https://www.tekun.gov.my/skim-pembiayaan-online-tekun-spot/.

Also read: NextGen Agropreneur Grant: Goods Assistance Up to RM50,000