SME Term Loan
Flexible Financing for Your Business Growth
Get up to RM 1,000,000 in business funding with competitive rates and flexible terms
Quick Approval
Get approved within 3 business days
Flexible Terms
6 to 24 months repayment options
High Limits
Up to RM 1,000,000 financing available
Competitive Rates
As low as 1.0% monthly interest
How SME Term Loan Works
A simple and transparent process to get the funding your business needs
Submit Application
Complete our simple online application with your business details and required documents.
Quick Assessment
We review your application and business financials within 3 business days.
Loan Approval
Upon approval, we'll prepare the loan agreement for your review and signature.
Fast Disbursement
Receive funds in your account within 24 hours after signing.
Benefits for Your Business
Smart financing solutions to fuel your business growth
Working Capital
Access funds for inventory, operations, and business expansion.
Fast Processing
Quick approval and disbursement process to meet urgent needs.
Minimal Security
No collateral required for established businesses with strong financials.
Flexible Terms
Choose repayment terms that suit your business cash flow.
Loan Terms & Calculator
Calculate your monthly payments and see our transparent terms
Terms and Details
Loan Amount
RM 50,000 - RM 1,000,000
Interest Rate
1.5% per month
Origination FeeCovers the cost of processing the loan application, underwriting, and funding the loan
3% of loan amount
Legal FeesCovers the cost of legal documentation, stamp duties, and other regulatory requirements
2% of loan amount
Late Payment FeeAdditional interest charged on overdue amount
0.5% per day on amount in arrears
Repayment Terms
6, 12, 18, or 24 months
Eligibility
Minimum 2 years of operation with good financials
Monthly Payment
Required Documents
Please prepare these documents to speed up your application process
Company Registration
- • Form 9
- • Form 24
- • Form 49
- • SSM Certificate
Identity Documents
Copy of all Director(s) NRIC/Passport
Bank Statements
Latest 6 months bank statements
Financial Statements
Latest Audited Accounts & Management Accounts (if available)
Frequently Asked Questions
Everything you need to know about SME Term Loan
What can I use the loan for?
The loan can be used for business expansion, working capital, equipment purchase, or other business purposes.
How much can I borrow?
You can borrow between RM 50,000 to RM 1,000,000, subject to business qualification and financial assessment.
What documents do I need?
Required documents include business registration, financial statements, bank statements, and tax returns.
How long is the approval process?
Most applications are approved within 3 business days, with funding disbursed within 24 hours after approval.
Is collateral required?
No collateral is required for businesses with strong financials and at least 2 years of operation.
Can I pay off the loan early?
Yes, you can make early repayments without any penalty. This can help reduce your total interest costs.
What businesses are eligible?
Registered businesses with minimum 2 years of operation and good financial track record.
How are repayments made?
Monthly repayments are made through automated bank transfers from your designated business account.