SME Loan (No Collateral Required)
Term Loan is a traditional term loan borrowed from a lender and repay on a regular basis at a fixed rate for a certain period of time.
SME Term Loan is available to SMEs/ SMEs in all economic sectors with a maximum tenure of 7 years. SME Loan is specifically to help SMEs/ SMIs to raise working capital or expansion of production capacity.
Features:
- Financing Amount: Up to RM 5 Million
- Type of Loan: Term Loan
- Tenures: Up to 7 years
- Securities: No Collateral Required
Criteria:
- The business must be in operation for at least 3 years
- Annual sales turnover between RM 500k to RM50 Million
- Malaysia-owned more than 51% shareholding
Required Documents:
Sdn Bhd (Private Limited)
- Latest Audited Financial Statements
- Latest 6 Months Business Bank Statement
- Form 9 (Certificate of Incorporation) OR Companies Act 2016 – Section 14, 15 & 17
- M&A (Memorandum & Article of Association) OR Companies Act 2016 – Section 32
- Form 24, 44, 49 OR Companies Act 2016 – Section 78, 46, 58
- Photocopy of IC of Directors
- Company Profile, Product Catalogue, Certification and Other Relevant Information. (If Any)
Partnership
- Form D
- Latest Income Tax Return (Form B/BE) & Tax Receipt
- Last Complete Financial Statement (Trading / Management Accounts)
- Latest 6 Months Business Bank Statement
- Photocopy of IC of Directors
- Company Profile, Product Catalogue, Certification and Other Relevant Information. (If Any)