Business Term Loan

Expand your business with financing support and no collateral required

Why you will love this

A business loan for SMEs with no collateral required*

Loan amount of up to RM600,000

Who can apply

Business must be in operation for at least 3 years

Business must be 100% Malaysian-owned

Guarantor(s) are required to support the loan and all directors and guarantors must be citizens of Malaysia

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

BEFORE YOU APPLY

Eligibility requirements

Business must be in operation for at least 3 years

Business must be 100% Malaysian-owned

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.

Common questions
How long will it take for the loan to be disbursed?

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.

What documents are required to support your application?
  1. Company constituent and statutory documents
  2. Photocopy of NRIC of directors / guarantors / sole proprietor / partners
  3. Latest 6 months bank statements of the applicant(s) business account
  4. 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%

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