SME business loan is especially for small and medium enterprise. These SME businesses are very reliant on operational cash as they are new and do not have strong customer base. In addition, these SME do not have much bargaining power. Hence they need short-term temporary business financing or even working capital loan to sustain their daily operations. This is where we can help by providing urgent financing to the SME.
We are one of the top licensed money lenders in Malaysia, for example, Penang, Kedah, Ipoh, Kelantan, Pahang, Terengganu, Seremban, Melaka, Johor, KL and Selangor. Within KL, we cover Cheras, KLCC, Seputeh, Kuchai Lama, Bukit Jalil, Ampang, Kepong and Putrajaya. Whilst in Selangor, we cover Petaling Jaya, Shah Alam, Klang, Puchong, Seri Kembangan, Kota Damansara, Sunway and Shah Alam. Besides SME Loan, we also provide Working Capital Loan, Business Loan, and Personal Loan.
Our loans are easy to apply, and fast to approve, usually with approval within 24 hours upon full documentation. In addition, we also offer quick disbursement, which allows the borrowers to get the cash money immediately after loan approval. Lastly, our repayment period is also flexible depending on customer’s preference. Most importantly, we DO NOT collect upfront processing payment. Hence, do not worry about the scams requiring you to pay upfront money.
Our SME Loan requires that the business must be registered with SSM for more than 6 months. It must also provide at least 3-6 months bank statements to proof a stable monthly income. Besides that, they should provide the IC Copy and Utility Bills. Applicant with such criteria will have a higher chance of loan approval. However, loan approval will be case-to-case basis if the applicant does not meet all the above criteria. For example if the SME is less than 6 months, or enterprise operating on cash basis, it will be assessed separately.
Therefore, if you are a SME Business Owner, and in need of a cash funding, look no further! Call us now to check if you qualify. We can help assess your case, and provide other business lending option.