The loan will be disbursed within a week after your acceptance of our Letter of Offer subject to your compliance with the terms and conditions in the Letter of Offer.
Business Term Loan
Expand your business with financing support and no collateral required
Fulfil your cash flow needs or business expansion plans with our hassle-free financing.
FEATURES AND BENEFITS
No collateral required
Get financing of up to RM600,000, with a financing tenure of up to 5 years
Competitive interest rates of between 5.50% p.a. (EIR 10.38%)¹ and 10.00% p.a. (EIR 17.96%)¹*
¹The effective interest rates (EIR) here are based on a loan of RM100,000 with a 5-year tenure.
*Terms and conditions apply
Terms and conditions
All required forms and supporting documents must be duly completed and submitted.
All loans are subject to satisfactory assessment by the Bank.
READY TO APPLY?
Get your Business Term Loan today from us.
FAQS
Common questions
How long will it take for the loan to be disbursed?
What documents are required to support your application?
- Company constituent and statutory documents
- Photocopy of NRIC of directors / guarantors / sole proprietor / partners
- Latest 6 months bank statements of the applicant(s) business account
- Financials or Management Account
The Bank may ask for additional documents, if necessary.
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Illustration based on assumption of a financing amount of RM100,000 for 5-year tenure.
| Financing Amount | RM100,000 | RM100,000 |
| Flat Rate | 5.50% p.a. | 10.00% p.a. |
| Tenure (years) | 5 | 5 |
| Effective Interest Rate | 10.38% | 17.96% |