Glass Buildings

STARTUP LOAN FOR BUSINESS
  FOR UPTO RM300k with INSTALLMENTS OF 7 years
' AFFIN STARTUP LOAN '

Overview​

This is for your startup business to find working capital. But, are you interested in securing a more traditional loan to grow your business? On the SMI Funding Smart Search, we have two small business startup loan products that can help you get the capital you need to grow. These two products (-StartUps Loan and Personal Loan) are a more traditional form of capital and a great option if you have a strong personal credit report, and are looking to start building on your business credit, too!

Maximum Loan Amount

RM300,000

Repayments

7 years

Interest Rate 

6.8% to 7%

Speed 

1 Month

RELAXED REQUIREMENTS

* A Company must has been in operation for the last 6 months

* Applications are accepted for upto RM300k and validity of installments can

  be stretched to 7 years

* No collatoral is required

* SJPP Guarantee Fee paid by Affin Bank

* NO Lock in period

* Rate is based on BLR & incase of conversion in flat rate it would 

  be around 6.4% to 8.3%

* Loan amount subject to customer's grading acquired from CBM, from

   RM100k to RM300k

 

PREREQUISITS

*   Applicant must have tenancy agreement and utility bills for office 

   (For warehouse or restaurant applies same) except online trading on

  Shopee/Lazada
* All Guarantors must have 12 months CCRIS record