UOB BizMoney Business Loan

UOB BIZMoney Loan catered for Sole Proprietors, Partnerships or Private Limited Companies which has been operating for at least 3 years. With a fast approval and an easy application process, this loan offers a high financing amount of up to RM1,000,000.

Best for: Business owners looking for cashflow or to take their companies to the next level.

Pros:

• High loan amount (RM1,000,000)
• Fast approval (within 5 days)
• Collateral free (only requires guarantee from shareholders or directors)
• Affordable interest rate (starts from 0.54%/month)

• Why BizMoney?

  The UOB BizMoney personal loan is a good loan opportunity for small or micro businesses who want to extend their reach and grow their companies.

  No collateral is needed for this loan, as it only requires a guarantee from shareholders or directors. This loan is easy to apply with simple documentation and no loan-processing fee. The approval time for this loan is in five (5) working days.

• What BizMoney offers?

  Below are the details of UOB BizMoney Business Loan:

  Loan Amount	RM100,000 - RM1,000,000
  Flexible Repayment Tenure	18, 24, 36, 48 and 60 months
  Affordable Interest Rate	Starting from 0.54% per month
  Protection	Cover your liability with PruLoan Protect

• How does UOB BizMoney Loan repayments look like?

  Below is the Repayment Schedule of UOB BizMoney Loan:

  Monthly Payment*
  Financing Amount	18 months	2 years	3 years	4 years
  100,000	6,097	4,708	3,319	2,625
  200,000	12,194	9,417	6,639	5,250
  300,000	18,292	14,125	9,958	7,875

  *Based on an interest rate of 0.54% per month.

  The table above serves as an estimation only. Please refer to your Letter of Offer for actual amounts.

• How does business loan calculated?

  When applying for this loan, you can choose your repayment period from the options shown in our iMoney Personal Loan Calculator to get an idea of how much the monthly payments you can afford.