microLEAP Reinforces SARANA for Government Contractors

microLEAP is increasing awareness of SARANA, a scheme designed to support local contractors and SMEs.

SARANA assists businesses executing Federal Government projects awarded through the e-Perolehan system by providing essential working capital.

In 2025, microLEAP disbursed RM295 million across 341 Investment Notes, representing a year-on-year growth of over 135%.

The platform has now financed a total of RM545 million since its inception while maintaining a default rate of 0.30%. These figures suggest a maturing reception for P2P financing within the Malaysian market.

SARANA addresses structural gaps where contractors often face cash flow challenges during mobilisation and procurement.

Unlike traditional banking options, which can be slower to deploy, this digital route offers a faster alternative for accessing funds.

Eligible contractors can obtain financing of up to RM1.5 million with tenors of up to 12 months. The programme carries a monthly profit rate of up to 1.25%.

Tunku Danny Nasaifuddin Mudzaffar, Founder and CEO of microLEAP, noted that winning a contract is only the beginning of the challenge.

“The real challenge comes when businesses need to mobilise resources, manage cash flow, and deliver on tight timelines while awaiting payment cycles,” he explained.

He added that SARANA was designed to offer a practical financing option aligned with project execution.

By anchoring eligibility to verified government contracts and standardised documentation, SARANA aims to provide clarity for both contractors and investors.

This inclusion signifies a shift where P2P financing becomes an integrated component of national project delivery support.