RM
year(s)
RM
- You Pay
- RM 89 /mth
- Interest Rate
- Total Interest Payable
- RM 70
- Total Repayment
- RM 1,070
RHB SME Financing
-
- Interest Rate
- 7.20% p.a.
-
- Max. Loan Amount
- RM 1,000,000
Calculate your loan repayment instantly
Promotion
Business financing up to RM1,000,000!
Apply for business financing with RHB SME Financing now!
Financing up to RM1,000,000, No Collateral Required, Tenure Up To 7 years.
* Terms and conditions apply
Key Features
Collateral-free financing up to RM1,000,000, tenure up to 7 years.
Enjoy longer tenure of up to 84 months (7 Years).
Apply and enjoy interest rates as low as BLR+1% p.a.
More details
-
Features- Min. Loan Amount
- RM 1,000
- Max. Loan Amount
- RM 1,000,000
Other features
- Collateral
- No guarantor or collateral will be required
- Leasing Companies
- Does not state customer's borrowing into CCRIS report
-
Eligibility/Documents- Min. Monthly Business Sales
- RM 29,000
Other eligibility requirements
- Business Registration
- Business entity is registered in Malaysia
- Year of Operation
- Minimum 1 year
- Annual Revenue
- Min RM350,000 per year
- NRIC (Malaysian)
- All shareholders and directors
- Bank Statements
- Latest 6 months company bank statement
- Audit/Management account
- Latest 1 year Audit/Management account
-
Fees and charges- Stamp Duty
- Stamp Duty as per Stamp Act 1949 (Revised 1989)
Other fees and charges
- Stamp Duty
- 0.5% stamp duty based on loan approved amount
- Mortgage Reducing Term Assurance (MRTA)
- Based on shareholders/directors' age
How do you apply for a business loan online?
Step 1
Find the best business loan with our comparison table, then click the Apply button of your preferred loan to leave your contact details.
Step 2
Our friendly business loan consultant will call you. They will help to answer any questions and submit your application to bank.
Step 3
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.
Read more about Business Loan
Review by iMoney
Apply for RHB SME Financing now! Get financing up to RM 1,000,000 with no collateral required. Enjoy interest rates as low as BLR+1% p.a.* and enjoy longer tenure of up to 84 months (7 Years)
*The Current BLR is at 6.2%
-
- This is a Term Loan (TL) facility to assist small and medium enterprise with viable business and project but lack of collateral to obtain financing
- The purpose of this facility is to finance your general working capital requirement
-
Total Financing Amount ≥RM1,000,000 (Based on 30% of the company’s latest annual revenue) Financing Tenure Min: 1 years
Max: 7 yearsEffective Interest Rate p.a BLR + 1% (effective rate)
*Subject to meeting Bank’s prescribed eligibility criteria*The Current BLR is at 6.2%
-
Monthly instalment:- Based on the total amount applied inclusive of interest.
-
Total Financing Amount ≥RM1,000,000 Mortgage Reducing Term Assurance (MRTA) Based on shareholders/directors' age Stamp Duty 0.5% stamp duty based on loan approved amount. As provided in the Stamp Duty Act 1949 (Revised 1989) -
Interest on Late Payment 1% p.a. above the effective rate on any portion of principal and/ or interest and/ or any other sums that is overdue.
-
Mortgage Reducing Term Assurance (MRTA) is required.
-
Collateral: - No collateral is required.
-
- For pre-screening stage: latest 6 months current account bank statement of the company
- IC(s) of all shareholders and directors
- Latest 1 year Audit/Management account
Get free weekly money tips!
*Free of charge. Unsubscribe anytime.