In Malaysia, more than 80% of SMEs seek financing from banks for business working capital. We cater to clients from Sole-Prop to Sdn. Bhd. Our engagement will take a while usually within 1-2 months to obtain approvals. If loan size matters, the loan amount eligible should be around 20% of your latest year sales turnover. List of documents we require for review is subjected to entity type.
Sole-Prop & Partnership
Latest 12 months company bank statement *minimum latest 6 months
Latest Yr Profit & Loss Statement AND Balance Sheet Statement
Sdn. Bhd.
Latest Year audited report
Latest 12 months company bank statement *minimum latest 6 months
*Below repayment is just as a guide.Actual rates will be similar.
Loan example:
Amount : 500k
Tenure : 5 years
Monthly repayment : RM10,138
Interest per year/annum : 4.33% flat / 8% effective rate
Total interest for 5 years : RM108,292