- A business loan is a loan specifically for business purposes, as with all loan, it involves the creation of a debt which will be repaid with added interest.
- Business loan is thus an unsecured loan at an interest rates giving you access to credit that can be paid bank, over an agreed time along with the interest.
- Business loan require an adequate amount of capital to fund startup expenses or pay for expansions. As such, companies take out business loan to gain the financial assistance they need.
- We offer a wide of loan facilities that provide business the option to finance commercial properties or even refinance existing commercial properties.
- A suitable commercial property financing option will provide business owner more control of that business asset and company budget.
- If the business wishes to renovation its offices or the premises from which it operates.
- To finance the extra production needed to meet increased orders during peak periods.
- To increases the working capital and/or cash flow of the business.
- To pay off the supplied or creditors before the agreed time in order to get the special discounts.
Benefits & Privileges
- Up to RM1 million financing limit.
- Up to 7 years financing tenure.
- Competitive interest/profit rate.
- NO collateral required.
- NO lock-in period.
- Available for a sole proprietor, Partnership, and Private Limited Company.
- Company registered in Malaysia and is Malaysian controlled or Malaysian-owned business.
- Need has house tenure up 4 or 5 yearsBusiness in operation for ≥ 3 years.
- Business is profitable for the past 2 out of 3 years
- Positive tangible net worth.