Type of Business Loan In Malaysia

Discover Your Business Financing Options

TERM LOAN

A term loan is probably the most common form of business loan, so it’s pretty easy to understand. You borrow a fixed amount of money – often for a specific purchase you’re making for your business – and pay the loan back over a fixed term at a fixed interest rate.

BUSINESS TRADELINE

Streamline your purchasing with a business tradeline. Get 100% financing for your supplier payments, with the convenience of deferred payment terms. It’s a great way to improve cash flow and establish a strong business credit score

OVERDRAFT(OD)

Need flexibility? Our overdraft facility works like a credit card, allowing you to borrow exactly what you need and only pay interest on that amount. Government-backed credit guarantees mean less paperwork and no collateral.

MICROFINANCE/MICROCREDIT

If you’re starting small, microcredit offers small-scale loans to entrepreneurs without the backing of collateral or a conventional credit history, empowering you to build your business from the ground up.

PERSONAL LOAN

A personal loan is an unsecured loan borrowed from a bank, that you can use for any reason you have. Please be informed that you do not need any form of collateral for an unsecured loan. The tenure of the said loan can go up from 1 to 10 years and will have a set interest rate for a set amount of time. Repayment wise, you will have to pay monthly instalments, which will include the principal amount and the interest rate that is added. For more information about personal loan, click here.