Financing business short term needs such as working capital for day- to- day operations
No Fixed Repayment Schedule.
Provides flexibility to repay at any time
Flexibility To Utilize Funds As And When Required
Allows utilization of any amount (within the approved limits) at anytime
Interest Rate Pegged To The Bank's Base Lending Rate (BLR).
Interest rate ranges between BLR + 0.5% p.a. up to BLR + 3.00% p.a. depending on the utilized amount
Type of business entities such as:
i) Sole Proprietorship
iii) Limited Liability Partnership
iv) Private Limited Company (Sdn. Bhd)
Business registered with either:
i) Companies Commission of Malaysia either under the Registrar of Business Act (1956) or Companies Registration Act 1965 and / or the Companies Registration Act 2016 or Limited Liability Partnership Act 2012; or
ii) Respective authorities or district offices in Sabah and Sarawak; or
iii) Respective statutory bodies for professional services providers