- You Pay
- RM 89 /mth
- Interest Rate
- Total Interest Payable
- RM 70
- Total Repayment
- RM 1,070
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Fast: Quick online application and approval within 2 working days. Fast disbursement of financing within 24 hours of approval.
Simple Documentation: You only need to have 3 basic business documents at hand, for your financing application.
Transparent Pricing: We charge a one-off fee upon disbursement and regular interest rate. There are no hidden fees.
Find the best business loan with our comparison table, then click the Apply button of your preferred loan to leave your contact details.
Our friendly business loan consultant will call you. They will help to answer any questions and submit your application to bank.
After your loan application is submitted to the bank, a representative from the bank will call you and get your loan approved in 5-7 business days.
Apply for a Business Financing with Funding Societies now! With Financing Up to RM 100,000, No Collateral Required.
A business financing product that offers micro credit opportunities to SMEs.
With Funding Societies Micro Financing, you can apply for a financing amount of up to RM100,000 with an interest rate of 0.8% - 1.5% per month with a tenure of up to 18 months.
Once you have accepted our offer, we will credit the approved financing amount to you, with any fees deducted from the amount.
To manage your repayment, the monthly installment is calculated as ‘P+I’ (principal + interest).
With Funding Societies, depending on the nature of your financing, you could apply for a tenure of 6, 9, 12, 18 months.
Just like any other financing product, the following fees/charges will be applicable:
Utilisation Fee: 5% of the approved financing amount, deducted upon disbursement.
Guarantee Fee: 5% of the approved financing amount, deducted upon disbursement.
No fee will be deducted if the offer is declined. The above terms are updated as of 15/3/2021, if you wish to opt for our previous product terms, please inform the key account manager during the application process.
If you are late in making your repayments, the following fees/charges will be imposed:
Early repayments are always encouraged, as SMEs are able to save more on interest.
Early repayments are subjected to a 2% early repayment fee on the remaining principal amount to partially compensate our investors on the loss of their residual interest.
Apart from Funding Societies Business Financing, you can also apply for these business loans,